Private Service Professionals

Small Business Tax Help: Don’t Forget These Deductions

By Ara Rubyan

In an earlier article, I talked about how you, as a small business owner, can rightfully claim many small business deductions as a way to reduce your taxes. In this article, Ill present several more. Check to see if you have included these in your tax planning.

1. Deductions for Travel

If you fly somewhere on business and you are not reimbursed for that expense, you can claim a write-off. As always, keep a detailed log or diary of your expenses. You can claim associated expenses such as taxi fares, subway tokens and even stuff like dry-cleaning expenses. As for meals, you can write off half your meal expenses.

You can even write off expenses you incur for employees and/or business associates that you are traveling with (friends and family members are out). Consult your tax professional for more details.

2. Deductions for Software

If your business uses customized computer software you can claim the expense of that software as long as you spread out the deduction over three years.

ButSection 179 of the IRS rules allow you take the write-off on computer software all in the first year, IF that software is off-the-shelf, in other words, something like Microsoft Office.

[youtube]http://www.youtube.com/watch?v=BIYw23cWY3A[/youtube]

3. Deductions for Charitable Contributions

When discussing this kind of deduction, the rules are a bit complicated. For starters, if your small business is a partnership, or if it is classified as an S corporation, or if youre organized as a limited liability company, your members will be filing the companys taxes on your personal forms including donations to charity that you have made. In other words, charitable donations are a pass-through, as is the case with the companys income. C corporations are entitled to corporate deductions.

[Note: if you dont know what kind of classification you fall under, consult your tax professional or your attorney.]

OK, then, now that is out of the way, here are the rules:

You, as an individual, can write off 30-50% of your adjusted gross income as long as the organization you are donating to qualifies as a 501(c)(3)charity or foundation.

A corporation can write off up to 10% of their taxable income.

If you donate more than $250 youll need to have a letter from that organization that confirms your contribution. Make sure you read IRS Publication 551 as well as the rules set forth in Section 179. Consult your tax professional for more details.

4. Deductions for Advertising

Its true: youll either advertise your company now, or when you have your going out of business sale. Either way, advertising and marketing expenses are deductible if they are directly related to your business. They fall under the Miscellaneous category of write-offs. Check out IRS Publication 535 and consult your tax professional for more details.

5. Deductions for Legal and Professional Fees

OK, I saved this one for last because it relates directly to the thing Ive said many times already: Consult your tax professional for more details.

Fact is, fees you pay to your attorney and/or accountant are deductible under certain conditions. For example, you cant write off professional fees you expend when you buy a business asset (e.g., equipment). In that case, you include the charges in the cost of the purchase.

Sole proprietors can take a write-off on fees paid for tax prep. Use Schedule C or Schedule C-EZ. In addition, uses Schedule A of your 1040. Make sure you check with your tax preparer for complete details.

Conclusion

The US government wants you to succeed in business. So they offer lots of latitude in claiming expense write-offs. So make sure you get whats yours.

About the Author: For

More Small Business Tax Help

, visit Ara Rubyans

Your Tax Help Online

.

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Ontario Votes 2007: Interview with NDP candidate Sheila White, Scarborough-Rouge River

Thursday, September 13, 2007

Having worked as an aide, advisor, and Executive Assistant to municipal and provincial politicians, Sheila White is running for the Ontario New Democratic Party in the Ontario provincial election, in the Scarborough-Rouge River riding. Wikinews’ Nick Moreau interviewed her regarding her values, her experience, and her campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

Wikinews interviews USA wheelchair curler David Palmer

Monday, April 8, 2013

Wikinews interviewed David Palmer, a member of the USA 2013 World Wheelchair Curling Championship team, about the 2014 Winter Paralympics being held in Sochi, Russia.

((Wikinews)) The US qualified a team for the Sochi Games. How likely are you to be on the final team? As these games would be your first, how excited are you about the possibility of representing your country?

David Palmer: It is very likely that I and the team that went to Sochi in 2013 will be the team in the Paralympics 2014 as long as no sickness or injury and we all continue to perform at our level.
DP: I am very happy and honored to represent my country. After competing in the last two world championships which were very exciting, I can not wait for the chance to compete at the Paralympics.

((WN)) Were you happy with your team’s fourth place finish at this year’s World Championships?

DP: I was happy with the way the team played, we all thought we should have medaled. We finished third in the round-robin with a record of 7–2 and the closest behind us was 4–5. We all made a few mistakes and did not finish as well as we would have liked, but we are looking forward to next year.

((WN)) What steps is the team taking to try to get a gold medal in Sochi?

DP: We will be training harder and hopefully playing more bonspiels (tournaments). Because this is a Paralympic year we hope to get more funding, to travel for more high level bonspiels. Because the team is scattered across the country it is hard to get together for practice and bonspiels so we have to do the majority of it on our own. We will be reviewing the tapes from the worlds [World Wheelchair Curling Championship] and video conferencing with team and discussing strategy and performance.

((WN)) Why do you participate in wheelchair curling? Why not wheelchair fencing, tennis, basketball or athletics?

DP: I do participate in other sports at a recreational level. I have done waterskiing, monosking, wheelchair tennis and basketball, handcycling. I played and competed in sled hockey for about 12 years, but I found as I got older and the competition got younger it was pretty physical on the body. I went and tried curling at Cape Cod Curling Club in 2009, I found that I not only liked it but I was also pretty good at it. A member there (Tony Colacchio) took me under his wing and showed me the possibilities there were to compete at the National level. I thought he was crazy at first, but four years later here I am curling on team USA and traveling the world.

((WN)) What is the nature of your disability? Do you use a wheelchair for most daily activities?

DP: I am a T4 Paraplegic, due to a motorcycle accident in 1993. Yes I am dependent on my wheelchair for mobility.

((WN)) How does being a parent impact your ability to compete at elite levels?

DP: I am married and have three children. Having a family does make it a harder to compete at elite levels, not only being away traveling, when I am home I am on the ice training a lot. But thanks to the support from my family I have been able to do so. Hopefully it has a positive impact on my children, showing them you can achieve anything you put your mind to.

((WN)) Does participating in wheelchair curling cost a lot money?

DP: Well that depends! At a recreational level, if you have a wheelchair already all you need is a delivery stick which is about $60.00 and to join a club which has dues usually 300.00 to 500.00 per year. To compete at the highest level, there is travel and lodging involved which can get quite expensive.

((WN)) How do you afford to compete at the highest level? Do you have any sponsorship deals?

DP: Getting started was tough, I got help through the members of cape cod curling club and a grant from Challenged Athletes Foundation (CAF) and some out of my pocket. But once I made the National team there is funding to help with expenses. I have no sponsorship deals at the moment, but I am open to negotiation!

((WN)) Do you think USA Paralympic competitors get enough financial support to enable the country to compete at the highest level? Is funding equitable in the United States across sports and competitor visibility?

DP: No, there is funding, but not nearly enough for an athlete to compete at the highest level.
DP: Not from what I hear. I believe the higher viewed sports get a lot more funding. I have been told curling is at bottom for funding.

((WN)) What are your thoughts on the classification system and processes for your sport? Do you know of anyone who has been impacted as a result of it?

DP: I am not really clear on how the classification system works. I feel that they should make it as equal as possible for everyone who competes in wheelchair curling. Everyone one has different disabilities and different situations, but as long as they are delivering the stone from a stationary wheelchair with a delivery stick from the same position it should be equal.
DP: I know of a young man from state of Washington who uses a wheelchair most of the time but is able to walk and has mobility, that he probably would not qualify for the national team.. Yet I know of a man in Canada that uses a wheelchair only for curling and competes on the National team.

((WN)) Have you gotten much media coverage? What do you think of media coverage for curling in general and wheelchair curling specifically?

DP: I Have had some media coverage from my locals newspaper, when I was competing in the worlds and when I made the National team.
DP: I do not think there is enough coverage for curling on television although there was quite a bit of coverage at the last Olympics, but not the Paralympics. I think if there were more coverage people would understand the sport better and perhaps grow to love it like I have. There is a lot more to it with strategy and skill than people think.

((WN)) What has been your favorite moment as a wheelchair curling competitor?

DP: I think this past worlds in Sochi was my favorite time. Curling at the Olympic Venue (which was state of the art Facility), being the first one ever to curl there was special. Being there when they played our national anthem and I was representing my country was priceless! All of the volunteers there were young college students, they were so friendly and helpful and were asking us for our autographs. I felt like a celebrity. I cannot imagine what the Paralympics are going to feel like! I just hope I am there!

Wikinews Shorts: August 8, 2009

A compilation of brief news reports for Saturday, August 8, 2009.

Contents

  • 1 Leader of Pakistan Taliban may have been killed in drone attack
  • 2 Hillary Clinton arrives in South Africa
  • 3 Anniversary of Georgian War marked by mutual accusations
  • 4 Police in the United Kingdom ordered to review policing of demonstrations
  • 5 Son of missing Japanese actress Noriko Sakai found safe
  • 6 Seven coalition troops killed within 24 hour period in Afghanistan
  • 7 Hong Kong government to begin school drug testing trials in December
  • 8 Nine killed in Belgium care home fire
  • 9 India and China resume border talks
  • 10 President Kennedy’s sister Eunice Kennedy in critical condition at hospital

Scottish prosecutors keeping quiet about Lanarkshire surgical deaths

Wednesday, February 22, 2012

Crown Office are staying quiet about possible prosecutions after an inquiry found medical failures caused three deaths at NHS Lanarkshire.

In response to a specific question as to the possibility of prosecutions, a Crown Office spokesperson told Wikinews today that “The three deaths were fully investigated by the Procurator Fiscal and reported to Crown Counsel [laywers] to consider. Crown Counsel concluded that, given the facts and circumstances of the deaths, a Fatal Accident Inquiry (FAI) was the appropriate forum to consider the circumstances of the deaths.” It was further noted that “[a] FAI cannot make any findings of fault/blame against individuals.”

However, Crown Office did not specifically rule out prosecutions for offences such as cuplable homicide despite the spokesperson noting this was a direct response to such a question. They also declined to comment on National Health Service care as “it would not be appropriate to comment on the provision of NHS services” and entirely ignored questions about Crown Office satisfaction in the inquiry’s outcome and the length of time it took to reach a conclusion. The inquiry wrapped up last week but the deaths were in 2006.

Agnes Nicol, George Johnstone, and Andrew Ritchie died within a three-month period following keyhole surgery to remove their gall bladders.

Later expanded to look at all three deaths, the inquiry initially established to look into the case of Nicol, 50, who received surgery in late 2005. A surgeon at Wishaw General Hospital mistakenly cut her bile duct and her right hepatic artery. Whilst suturing her portal vein, her liver was left with 20% of its normal blood supply; the errors were not discovered until her transfer to liver specialists at Edinburgh’s Royal Infirmary.

By then, her liver was seriously damaged. She developed septicaemia, dying from multiple organ failure in March 2006.

Johnstone, 54, underwent the same procedure at Monklands District General Hospital on May 9, 2006. A consultant surgeon accidentally damaged, possibly severing, his bile duct. He died two days later in intensive care from the combined effects of multiple organ failure and a heart ailment.

Ritchie, 62, died in intensive care a week after an operation in June 2006. He died from intra abdominal haemorrhage caused by errors during the surgery.

Different surgeons were involved each time and the inquiry, under Sheriff Robert Dickson, found no evidence of poor training or inadequate experience. Dickson noted that in each case there was lack of action on a “growing body of evidence that there was something fundamentally wrong with the patient” and surgeons failed to contemplate their own actions as potentially responsible. He agreed with two professors that it may have been possible to save their lives “had the post-operative care been to the standard which they expected, and had there been a proper management plan which staff could have worked to” and noted that all the patients suffered from a lack of adequate medical notes being available after their surgery. He described the care as having “clear faults”.

NHS Lanarkshire apologised and said improvements had been made regarding “these types of cases” as well as with document management. Wikinews got in touch seeking details of the changes made but the health trust failed to respond.

Gay marriage banned in three states; other ballot measures decided

Sunday, November 9, 2008

Voters in California, Florida and Arizona voted on Tuesday to ban gay marriage, bringing about a victory for conservatives on a day which did not bring many conservative wins.

Meanwhile, voters in Colorado, South Dakota and California voted on measures which would have restricted abortion in those states. In Massachusetts and Michigan, voters passed measures that loosen marijuana laws. Finally, in the state of Washington a measure was passed that allows physician-assisted suicide.

The California ballot measure, Proposition 8, overturns the recent June ruling by the California State Supreme Court in the case In re Marriage Cases which reversed a 1977 statute passed by the California State Legislature and a 2000 ballot measure, Proposition 22, which also banned same-sex marriage by defining marriage as between a man and a woman. The wording of Proposition 8 is identical to Proposition 22. It was noted that many of the African-Americans and Latinos who cast their votes for Obama, also voted for the measure. The measure passed at 52% to 48%.

Lesbian comedian Ellen DeGeneres noted, “This morning, when it was clear that Proposition 8 had passed in California, I can’t explain the feeling I had. I was saddened beyond belief. Here we just had a giant step toward equality and then on the very next day, we took a giant step away.”

Okay, so I am taking that to mean I do not have to pay my state taxes because I am not a full citizen.

Singer Melissa Etheridge, who is also a lesbian, stated that she would no longer pay taxes due to the passing of Proposition 8, announcing in a blog post, “Okay, so I am taking that to mean I do not have to pay my state taxes because I am not a full citizen.”

Also in California, voters rejected a measure which would require parental notification for a minor to receive an abortion. The measure was rejected with the same percentage as Proposition 8, 52% to 48%. Meanwhile in Colorado, voters rejected a measure that would define life as beginning at conception. While the measure did not specifically mention abortion it would have required legislators and courts to confront legal rights for fetuses – effectively preventing abortion. The measure was defeated in a wide margin, 73% to 27%

In South Dakota, voters also defeated an anti-abortion measure which would have outlawed abortion in all cases except in the case of rape, incest or if the mother’s health was in serious question. If passed, the law would most likely have been challenged as unconstitutional.

In Michigan, voters approved a measure which legalizes medical marijuana. Meanwhile, in Massachusetts, voters approved a ballot question that decriminalizes possession of small amounts of marijuana in which the possession of an ounce or less would be punishable by a $100 fine. The measure will also require minors under the age 18 to participate in and complete a drug awareness program and do community service. Failure to do so, would net the minor a $1,000 fine.

“Tonight’s results represent a sea change. Voters have spectacularly rejected eight years of the most intense government war on marijuana since the days of ‘Reefer Madness,'” said Rob Kampia, executive director of the Marijuana Policy Project. “The people were ahead of the politicians on this issue; they recognize and want a more sensible approach to our marijuana policy,” said Whitney Taylor, the chair of Committee for Sensible Marijuana Policy, which backed the Massachusetts proposition.

Also, in Massachusetts, voters overwhelmingly, in every single Massachusetts city and town, rejected a ballot measure which would have eliminated the state income tax by 2010, the ballot measure was sponsored by the Committee for Small Government, which is headed up by two libertarians, Michael Cloud, a Libertarian Party candidate for U.S. Senate in 2002 and Carla Howell, Libertarian Party candidate for governor in the 2002 Massachusetts gubernatorial election.

The last time the income tax elimination measure was on the ballot was in 2002, where it was defeated, narrowly by 45.3%. This stunned supporters of the income tax, who mounted a fierce campaign against the measure this time warning Massachusetts residents that repealing the income tax would have drastic effects on the state’s finances, leading to cuts in services, education and local aid.

Finally, voters passed a question which bans dog racing in Massachusetts, which will lead to the closure of Massachusetts’ two greyhound racing tracks, Raynham-Taunton Greyhound Park and Wonderland Greyhound Park.

The campaign against dog racing was headed up by the Committee to Protect Dogs and endorsed by GREY2K USA and the American Society for the Prevention of Cruelty to Animals along with other animal protection organizations who claimed that dog racing was inhumane as the dogs were stuffed into cramped cages and endured injuries. The measure was opposed by the park owners including George Carney who owns the Rayham-Taunton park and Charles Sarkis, a restaurateur who owns Wonderland.

“We did it. We did it for the dogs,” said Carey Thiel, executive director of GREY2K USA. “For 75 years, greyhounds in our state have endured terrible confinement and suffered serious injuries. We’re better than that,” Thiel added.

One campaign supporter, Sandy Bigelow noted, “It means everything. We’ve worked so hard for the dogs and they heard us. It feels so good. Oh, God, it feels so good.”

George Carney said of the results, “It’s not a very pleasant thing right now. Some of these people have been here 40 years. Here’s a company that did nothing wrong, paid their federal taxes on time, paid the town on time. The town is going to be a severe loser, and a lot of people here dedicated their life to the company.”

We did it. We did it for the dogs.

Both sides used emotionally-charged advertisements, the anti-racing side showing “sad-eyed greyhounds,” while the pro-racing side highlighted the workers who would be out of work when the tracks close.

Both measures must now come before the Massachusetts Governor’s Council for approval.

A ballot initiative approved by voters in the north-western state of Washington will make it the second state to permit physician-assisted suicide. Initiative 1000 follows the ten-year-old example of the Death With Dignity Act of neighboring Oregon, and will allow physicians to prescribe a lethal dose of medication for a terminally ill patient to administer themselves. It was approved by a margin of 16%, and the ‘Yes’ campaign outspent the ‘No’ campaign by more than three-to-one. The law comes into effect in 2009.

Four men go before Hungarian court after 71 found dead in lorry

Saturday, August 29, 2015

Four foreign men have today gone before a court in Hungary on suspicion of people smuggling. Their detention relates to Thursday’s discovery of a lorry full of corpses in Austria. The death toll was yesterday finalised at 71.

The lorry had been abandoned since Wednesday on the hard shoulder of the “Eastern Motorway”, near the Hungarian border. Roadworkers became suspicious of dark liquid seeping from the vehicle, and responding police found the bodies. Initial police estimates were that 20–50 were suffocated in the back of the lorry which was near Parndorf.

The arrested men are thought to include the vehicle’s owner and at least two drivers. Three are Bulgarian and one is from Afghanistan. Criminal suspects in Hungary can generally be held for 72 hours before charge but prosecutors, citing the seriousness of the case, want the period extended. Extradition to Austria is possible.

Of the 71 dead, 59 are men, eight are women, and four are children. The children are thought to be aged three, eight, and ten years, alongside an eighteen-month-old baby. “There was also a Syrian travel document found” police spokesman Hans Peter Doskozil told journalists “so of course our first assumption is that these people were migrants, and likely a group of Syrian migrants. We can rule out that they were Africans”.

The four accused were escorted into court in Kecskemet, central Hungary, by a police convoy. Reportedly the lorry traveled from Kecskemet. Hungary is presently building a border fence across the Serbian frontier, as migrants from war-torn Syria and other regions seek access to the Schengen Area of free movement, which covers most of the EU.

Slovak chicken meat company Hyza, a previous owner, previously told Wikinews the lorry has changed hands several times in roughly the last year. After they sold it they say it was exported to Hungary; it now bears Hungarian plates but still features Hyza branding including pictures of meat.

On the day of the discovery Hyza quickly removed a graphic from their homepage featuring cartoon chicken stowaways in a car being inspected at a customs post. The stowaways also appeared with a line through them alongside the word “imigranti” and the site www.imigranti.sk in one corner. On the other side was Hyza’s logo. Imigranti.sk is also unavailable.

Police today found 26 migrants in a lorry near Braunau am Inn, Austria. The driver, from Romania, refused to stop for police and was arrested following a chase. Police said three children were hospitalised for “severe dehydration”. Found near the German border, the migrants were from Afghanistan, Syria, and Bangladesh.

Home Improvement

How Could Household Items Affect Your Fertility?}

Submitted by: Dr Kelly Loi

Have you ever wondered that the products in your bathroom or perhaps the detergent you are using to wash clothes can affect your fertility? Well that seems astonishing but it is an accepted fact that your household products can make you infertile. From carpets to antibacterial soaps, all these affect your potency in a big way.

Are you trying to conceive from a long time and havent been successful yet? There can be many reason behind it, some of them can be related to home and the environment you live in. For example if you smoke, you will have problems in getting pregnant. Exposure to heavy metal is another example of such case. Moreover, there are also quite a lot of household items which make it harder for you to get pregnant. Some of them are listed below:

Antibacterial Soaps:

A few antibacterial soaps decrease your fertility. For this reason, you must avoid using soaps that consists triclosan because it is a dangerous ingredient that may hinder you from getting pregnant. It lays a negative impact on your reproductive system by unbalancing your hormonal level. Some experts also believe that the chemical is also a reason behind low sperm count which in a way would result in infertility. Thus to avoid getting hampered by the chemical, it would be wise to stay away from the soaps containing triclosan chemical in it. Apart from the soaps, you must avoid shampoo or laundry washer that consists of this type chemicals.

[youtube]http://www.youtube.com/watch?v=rHiBd0N-1OY[/youtube]

Non-Stick Pans:

Nonstick pans are used in every household. They are manufactured of a chemical called PFOA or Perfluorooctanoic acid which can make you infertile. If this chemical is present in your blood there are more chances that you can’t conceive and if you conceive somehow, your child’s developments delay, hence you must stop using Teflon pans and also other utensils of such category.

Canned Food and Beverages:

BPA, a carbon based synthetic compound often used in containers that store food and bevereiges which is other harmful chemical that can prevent you from getting pregnant or makes it complicated. The chemical is present in the lining of the aluminum cans. BPA is very harmful and can be associated with low fertility as it brings down the eggs count in the body and may cause the dreaded PCOS or Polycystic Ovarian Syndrome.

Bed Mattresses, Cushions and Wall Paint:

It is quite astonishing but few chemicals used in bed mattresses, carpets and cushions that also make you infertile. These chemicals get absorbed in the body and can affect your fertility signoficantly. Hence, try purchasing organic bedding or organic fabrics to lower the risk of infertility.

At times, wall paints containing glycol can also affect fertility. It can hamper menstrual cycle in women and affect the sperm quality in men and can even cause miscarriage; hence you have to be careful.

Although precautions are better than cure but if you somehow suffer from the risks of infertility, Singapore offers some of the finest fertility centre equipped with a team of experienced doctors who would provide unsurpassed treatment with measurable results in future.

Singapore Infertility Centres offer treatments using the latest tools and methodologies and help patient get rid of the ailment in quick time.

About the Author: Dr. Kelly Loi is an Obstetrician and Gynecologist at Health and Fertility Centre for Women in Singapore. She specializes in providing effective treatments to cure infertility. To know more,

healthfertility.com.sg

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Wikinews interviews Joe Schriner, Independent U.S. presidential candidate

Saturday, April 17, 2010

Journalist, counselor, painter, and US 2012 Presidential candidate Joe Schriner of Cleveland, Ohio took some time to discuss his campaign with Wikinews in an interview.

Schriner previously ran for president in 2000, 2004, and 2008, but failed to gain much traction in the races. He announced his candidacy for the 2012 race immediately following the 2008 election. Schriner refers to himself as the “Average Joe” candidate, and advocates a pro-life and pro-environmentalist platform. He has been the subject of numerous newspaper articles, and has published public policy papers exploring solutions to American issues.

Wikinews reporter William Saturn? talks with Schriner and discusses his campaign.

Newcastle, Australia man arrested for selling stolen jewelery online

Friday, August 4, 2006

New South Wales Police have arrested and charged a 39-year-old man from Warner’s Bay in Newcastle, on the NSW Central Coast after he allegedly stole jewelery from his employer and sold it on an Internet auction site.

According to police, the man stole over AU$100,000 worth of gold and diamond jewelery from a store where he worked and then sold them online. This is alleged to have occurred over a period of several months.

Police arrested the man at his workplace and found stolen items of jewelery at his home. Police charged the man with 34 counts of larceny as a servant or clerk.