lakeeffect
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9 months ago
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on: Tell HN: Help restore the tax deduction for software dev in the US (Section 174)
I don't want to downplay what you're saying but many of these costs are eligible for R and d credits unlike most other employees salaries.
lakeeffect
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10 months ago
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on: The "AI 2027" Scenario: How realistic is it?
We really need to establish a universal basic income before jobs are replaced. Something like two thousand a month. And a dollar for dollar earned income credit with the credit phasing out with at a hundred grand. To pay for it the tax code uses GAAP depreciation and a minimum tax of 15% GAAP financial statement income. This would work toward solving the real estate problem of private equity buying up all the houses as they would lose some incentive by being taxed. I'm a CPA and I see so many real estate partnerships that are a tax loss that are able to distribute huge book gains because accelerated depreciation.
lakeeffect
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3 years ago
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on: Ask HN: HNers with multiple sclerosis, can we get in touch?
I take ocrevus and it's supposed to slow progression.
lakeeffect
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3 years ago
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on: Ask HN: HNers with multiple sclerosis, can we get in touch?
I have MS and definitely didn't know that the secondary progressive form of the disease was just a matter of time. Now I'm slowly losing the right side of my body after years of being in remission with numbness in my hands being the only symptom.
There are definitely medical advances. The one I'm most excited about is nervgen. It's regenerative without the radiation and terribleness of stem cells. But it's only starting phase two trials.
Hang in there, it sucks but the doctors reassure me that it's a good time to have MS as thirty years ago there were no treatments.
Now there is the walking pill to help nerves conduct and it really works for me. There are also dmts that slow the progression or stop future lesions.
lakeeffect
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3 years ago
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on: The Double Entry Counting Method (2016)
I'm a CPA and I recommend my extremely small businesses clients use a single entry excel system. If they use debit for everything they can download the bank transactions in csv. Then use a deep downlist to categorize the transactions. Then a pivot table to display the year end or quarterly income statement. I usually send them the Excel with the pivot table and dropdown list.
lakeeffect
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4 years ago
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on: Ask HN: What’s the second most civilized place on the web?
Goodreads
lakeeffect
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4 years ago
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on: My Wife Was Dying of Brain Cancer. My Boss at Amazon Told Me to Perform or Quit
lakeeffect
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4 years ago
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on: U.S. posts $119B budget surplus in January; first in over 2 years
Agreed, this is why periodicity is fundamental to accounting.
lakeeffect
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4 years ago
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on: Blue light from monitors no danger to eyes or sleep
What do you use for your source of light?
lakeeffect
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7 years ago
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on: Before the Electric Car Takes Over, Someone Needs to Reinvent the Battery
I think there is an advantage of only having to charge your car once every couple weeks if you are a short distance trip taker.
lakeeffect
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7 years ago
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on: 23andMe has signed a $300M deal with GlaxoSmithKline
The article says it's opt-out not opt-in, and purpose is to find drug targets and clinical trail participants.
lakeeffect
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7 years ago
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on: Ask HN: What to do after $8M (all cash, post tax) exit?
Index funds. A money manager will cost 80k year, 1%. Index fund will cost 8k year. Check out vanguard.
lakeeffect
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7 years ago
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on: Retail Arbitrage at Walmart [video]
Wouldn't it be more effective to become a retailer and buy wholesale?
As opposed to wholesale retail retail
lakeeffect
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7 years ago
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on: The Ripple Effect of Death in a Hotel
Someone once told me that suicide is the most selfish act, as it pushes your suffering on others. Is it really more selfish to get a bigger room?
lakeeffect
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8 years ago
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on: Ask HN: Is Meteor.js dead?
Is this another layer on top of node. It says you can metwor install?
lakeeffect
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8 years ago
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on: Basic Node.js Lambda Function Concepts
lakeeffect
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10 years ago
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on: Ask HN: How do I deal with the first sexual harassment complaint at my startup?
I'd love to see a follow up of your decision and out comes. Possibly a tellHN later on. The advice in these situations seems pretty consistent in this unfortunate situation. Document, Lawyer, fire, support. If you do follow up id be particularly interested in the outcome of the support piece of the puzzle and how to balance group dynamics associated with the affected party in the aftermath. Any kick back...etc.
lakeeffect
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10 years ago
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on: Buybacks at $46B a Month Dwarf Everything in U.S. Market (2015)
The calculation is (net income - preferred dividends/ weighted average common stock outstanding) = eps. Eps is on the income statement, face of financial statements and will go up if wacs goes down. Common stock out standing doesnt include treasury stock, stock repurchased by the company.
lakeeffect
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10 years ago
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on: The Automation Paradox
I was at the bmw plant in munich and they said the plant was 98% automated. The guy said they did need someone to go around and change the welding tips every 8 hours.
lakeeffect
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10 years ago
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on: The Joy of Psyching Myself Out
I think it is really inaccurate to say that the work of a writer and the work of a psychologist are very different. Both require abstraction and a framework to define the narrative.
