Having a larger presence in the nation’s capital and making friends with the policymakers that can wield great power over its reputation and fortunes may just be something Apple has to do. Read more »
The reason for Apple’s being singled out for common U.S. tax minimization practices wasn’t completely explained by a U.S. Senate subcommittee Tuesday. But Tim Cook handled the grilling before Congress easily. Read more »
Cook will call for a revenue-neutral reform of the corporate tax code that does away with all tax expenditures, lowers tax rates and establishes a “reasonable” tax on companies’ earnings from overseas. Read more »
It’s an unfamiliar role for an Apple executive to be in. But Tim Cook will say that while he believes 35 percent is too high of a corporate tax, he also doesn’t think “zero” taxes on that money is reasonable. Read more »
Establishing a startup’s business infrastructure early provides a number of critical benefits, including smoother financings and effective employee management. Sections of this paper discuss each of the above benefits and provide suggestions for management teams that will facilitate establishment of an appropriate infrastructure. Read more »
The tax bill is notable because of how profitable Apple is and how at the same time it has managed to out-maneuver many tax laws in the U.S. and Europe by building a complex web of subsidiaries in lower-tax countries. Read more »
Groupon might be suffering some financial turmoil, but Lightbank — the investment group formed by two of its backers — has decided to make UK accountancy cloud startup FreeAgent the target for its first foreign deal. Read more »
In honor of tax day, a look through the annual explosion of articles offering tax tips for independent workers, weeding out the obvious and repetitive and highlighting the genuinely helpful, including the SEP IRA and a round about approach to sorting out health insurance. Read more »
Telecommuters whose employers are based in one state but who work out of another can run into tax headaches, as both states claim a portion of their pay. Now, it appears congress is making another effort to eliminate the double bill for remote workers. Read more »
It is important to understand that our work takes place in a system. To be an effective web worker, it is vital that you think about the whole system that you work in, not just the critical dimension of the moment. Read more »
Amazon is taking its sales tax war to one of the biggest arenas of all: California. Amazon warned that it will shut down its Amazon Associates Program for California-based participants if the state passes a proposed bill that would impose new taxes on online retail sales. Read more »
You’re employee No. 20 at a Valley startup. If you’re a great developer, you’ll probably get a four-year option package worth about 0.2 percent of the company. Two years after you join, the company sells for $30 million. You’re rich! Right? Read more »
We’re down to the last 10 days of the U.S. tax season and that means many procrastinators are either panicking or are calmly filling out their extension form. This list of five mobile apps can help you quickly file or prepare your taxes before the deadline! Read more »
California’s new Renewable Auction Mechanism (RAM) represents an important new move for the state into a feed-in tariff model for solar, wind and other renewable power — but with some critical twists. What are the advantages, and the potential drawbacks, of this reverse auction FiT model? ... Read more at GigaOM Pro »
There are some people who go to a tax preparer no matter how simple their taxes might be, just as there are people who spend hours preparing their own taxes every year, even though they aren’t tax professionals. The decision of whether to do your own […] Read more »
