In one of the few moments of sanity involving technology patent litigation in the U.S., a federal judge "has thrown the Apple-Motorola Mobility smartphone patent case out the courtroom window and locked the window behind it, making sure it never finds its way back inside his court."
"Judge Richard Posner dismissed the patent case late Friday evening, writing in his opinion that neither side proved any damages caused by the other party. His ruling came with prejudice, meaning neither side can reopen the case to attempt to prove damages for a second time."
Judge Dismisses Apple vs. Google Smartphone Patent Case
Sunday, June 24, 2012
Sunday, June 3, 2012
Analyze Now - Retirement Planning Tools
The Analyze Now website offers some excellent (and free) tools for planning your retirement. The programs page contains links to downloadable retirement planning spreadsheets.
This site was founded by Henry "Bud" Hebeler after his own retirement from Boeing Co. Hebeler was a top executive and corporate planner at the aerospace giant and was trained an engineer at the Massachusetts Institute of Technology.
One of the best spreadsheets at the site is the Free Social Security Planner.
This site was founded by Henry "Bud" Hebeler after his own retirement from Boeing Co. Hebeler was a top executive and corporate planner at the aerospace giant and was trained an engineer at the Massachusetts Institute of Technology.
One of the best spreadsheets at the site is the Free Social Security Planner.
Sunday, April 15, 2012
Does your employer collect your state income tax and keep it for themselves?
More than 2,700 companies collect your state income tax, and then keep it for themselves under deals they have struck with the states. GE, Goldman Sachs, P&G, Chrysler, Ford, GM Nissan, Toyota, and many others all benefit. The practice is more pervasive than thought.
Reuters has a good summary article.
Taxed by the boss
Across the United States more than 2,700 companies are collecting state income taxes from hundreds of thousands of workers – and are keeping the money with the states’ approval, says an eye-opening report published on Thursday.
The report from Good Jobs First, a nonprofit taxpayer watchdog organization funded by Ford, Surdna and other major foundations, identifies 16 states that let companies divert some or all of the state income taxes deducted from workers’ paychecks. None of the states requires notifying the workers, whose withholdings are treated as taxes they paid.
General Electric, Goldman Sachs, Procter & Gamble, Chrysler, Ford, General Motors and AMC Theatres enjoy deals to keep state taxes deducted from their workers’ paychecks, the report shows. Foreign companies also enjoy such arrangements, including Electrolux, Nissan, Toyota and a host of Canadian, Japanese and European banks, Good Jobs First says.
Why do state governments do this? Public records show that large companies often pay little or no state income tax in states where they have large operations, as this column has documented. Some companies get discounts on property, sales and other taxes. So how to provide even more subsidies without writing a check? Simple. Let corporations keep the state income taxes deducted from their workers’ paychecks for up to 25 years.
(more at url above)
Reuters has a good summary article.
Taxed by the boss
Across the United States more than 2,700 companies are collecting state income taxes from hundreds of thousands of workers – and are keeping the money with the states’ approval, says an eye-opening report published on Thursday.
The report from Good Jobs First, a nonprofit taxpayer watchdog organization funded by Ford, Surdna and other major foundations, identifies 16 states that let companies divert some or all of the state income taxes deducted from workers’ paychecks. None of the states requires notifying the workers, whose withholdings are treated as taxes they paid.
General Electric, Goldman Sachs, Procter & Gamble, Chrysler, Ford, General Motors and AMC Theatres enjoy deals to keep state taxes deducted from their workers’ paychecks, the report shows. Foreign companies also enjoy such arrangements, including Electrolux, Nissan, Toyota and a host of Canadian, Japanese and European banks, Good Jobs First says.
Why do state governments do this? Public records show that large companies often pay little or no state income tax in states where they have large operations, as this column has documented. Some companies get discounts on property, sales and other taxes. So how to provide even more subsidies without writing a check? Simple. Let corporations keep the state income taxes deducted from their workers’ paychecks for up to 25 years.
(more at url above)
Sunday, January 29, 2012
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