Monthly Archives: May 2015

Is Your Out-of-State LLC “Doing Business” in California?

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“Note that the FTB’s determination of when an out-of-state LLC must file tax returns is in contrast with the California Corporations Code.  Under the California Corporations Code, any entity that ‘actively engages in any transaction in California for the purpose of financial gain or profit’ must register with the Secretary of State.  But an out-of-state corporation is not considered to be transacting business in California merely because it is a member or a manager of a domestic or out-of-state LLC [..].  Moreover, the new California Revised Uniform Limited Liability Company Act of January 1, 2014 provides that an out-of-state LLC ‘may’ register in California and does not impose penalties for failing to do so.”

http://www.corporatesecuritieslawblog.com/2014/07/is-your-out-of-state-llc-doing-business-in-california/

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The worst place in the world to start a business

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“As a thanks for conducting commerce in their state – commerce that my clients said they would have been bankrupt without – I was subjected to years of hounding by the California Franchise Tax Board.  Even after I paid their $800 annual extortion fee for running a corporation there.  I’ve long said there is no – repeat no – reason for doing business in California. It is, without a doubt, the worst place in the world to start a business.  They’ll tax you endlessly and mercilessly. They’ll subject you to nonsense regulations. They’ll send some inefficient buffoon to your office to inspect everything you’re doing and harass you. Hiring people there is a disaster.”

http://nomadcapitalist.com/2014/01/29/the-worst-place-in-the-world-to-start-a-business/

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Helpful Hackers vs. College Regulators

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“In January 2014, California’s Bureau of Private Postsecondary Education (BPPE) sent warning letters to at least a half dozen local coding programs. According to VentureBeat, which first reported on the letters, the coding academies were given two weeks to ‘start coming into compliance’ with BPPE regulations. If they didn’t, they risked $50,000 fines and forced closure.  But the supervision these agencies provide also comes with significant costs. In addition to all the paperwork the academies must complete, there will be financial obligations as well: A $5,000 application fee, plus 0.75 percent of their annual tuition revenues, capped at $25,000.”

http://reason.com/archives/2015/04/09/helpful-hackers-vs-college-reg

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LA Unions Demand Exemption from $15 Minimum Wage They Created

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“Unions want to give workers and business the option — the freedom! — to prioritize what’s important to them and negotiate their own pay! Isn’t that nice. But only if those workers are paying union dues, and only if those businesses are using union labor.  The minimum wage hike was always meant to make independent workers more expensive and make unions look better by comparison. But it’s a bold move for the unions to simply say, in one breath, ‘Everyone deserves a living wage! It’ll be good for everyone! Except us, thank you. We’ll set our own pay — and also, give a break to any businesses who agree to go back to union labor.'”

http://fee.org/anythingpeaceful/detail/la-unions-demand-exemption-from-15-minimum-wage-they-created

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Apple co-founder Wozniak: Snowden is a ‘total hero’

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“Apple co-founder Steve Wozniak gushed over former National Security Agency contractor Edward Snowden, calling him a ‘total hero’ and saying he ‘gave up his life’ to reveal the agency’s surveillance programs.  Wozniak has been complimentary about Snowden before. Two years ago, he compared Snowden to Pentagon Papers leaker Daniel Ellsberg. Last year, Wozniak also told reporters that he briefly met Snowden at a small event in Moscow, where the former NSA employee is currently living.  Wozniak has expressed some regret in the past for the role technology has played in allowing the government to expand its surveillance efforts.”

http://rt.com/usa/262297-wozniak-snowden-total-hero/

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Military technology: Laser weapons get real

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“Thanks to computerized aiming, HEL MD can operate in wholly autonomous mode, which Boeing tested successfully in May 2014 — although the trials uncovered an unexpected challenge. The weapon’s laser beam is silent and invisible, and not all targets explode as they are destroyed, so an automated battle can be over before operators have noticed anything. ‘The engagements happen quickly, and unless you’re staring at a screen 24–7 you’ll never see them,’ Blount says. ‘So we’ve built sound in for whenever we fire the laser. We plan on taking advantage of lots of Star Trek and Star Wars sound bites.'”

http://www.nature.com/news/military-technology-laser-weapons-get-real-1.17613

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Johnny Depp facing 10 years in prison for taking his dogs to Australia

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“The actor, who is currently filming Pirates of the Caribbean: Dead Men Tell No Tales, landed himself in trouble earlier this month when he brought his two Yorkshire terriers to the country on his private jet. He failed to declare them and therefore broke the country’s quarantine laws.  On 25 May, an Australian senate committee was told that if it goes to court, Depp could receive a sentence of up t0 10 years in prison or a maximum fine of AU$340,000 (£172,000). The pilot could also face up to two years behind bars for his role in the situation.  Officials have referred to the case as ‘very serious’.  The story originated when pictures of Depp taking his dogs to the local groomer surfaced on social media.”

http://www.theguardian.com/film/2015/may/26/johnny-depp-dogs-australia-prison

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US warns China not to challenge military flights over South China Sea

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“The U.S. warned China Thursday against confronting U.S. aerial patrols over the South China Sea days after a verbal dispute between a Chinese military dispatcher and a U.S. Navy surveillance aircraft.  The Los Angeles Times reported that the Navy released two videos and an audio recording of the confrontation, which took place on Wednesday when the Chinese dispatcher demanded eight times that the Navy P8-A Poseidon leave the area as it flew over Fiery Cross Reef in the Spratly Island chain, where China has conducted extensive reclamation work.  China claims virtually the entire South China Sea as its own, along with its scattered island groups.”

http://www.foxnews.com/politics/2015/05/22/us-warns-china-not-to-challenge-military-flights-over-south-china-sea/

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U.S. Mulls Military Deployment To South China Sea

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“The Pentagon is considering sending U.S. military aircraft and ships to assert freedom of navigation around rapidly growing Chinese-made artificial islands in the disputed South China Sea, a U.S. official said on Tuesday.  Defense Secretary Ash Carter requested options that include sending aircraft and ships within 12 nautical miles (22 km) of reefs that China has been building up in the Spratly island chain, the official said.  Such a move would directly challenge Chinese efforts to expand its influence in the maritime heart of Southeast Asia.  Beijing claims sovereignty over most of the South China Sea, through which $5 trillion in ship-borne trade passes every year.”

http://www.huffingtonpost.com/2015/05/12/us-military-china-sea_n_7270160.html

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It’s Very, Very Easy for Hackers to Steal Your IRS Account

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“Long story short: You should register your IRS.gov account, because it’s frightfully easy for hackers to do it for you.  The craziest thing about this saga is just how easy it apparently was to hack into the IRS system. It’s not even hacking really, since the system is protected by so-called knowledge-based authentication (KBA). The fraudsters who broke into Kasper’s account did so by guessing some basic information about his life—information that was readily available elsewhere on the web. A security researcher can do the same thing in a matter of minutes.”

http://gizmodo.com/its-very-very-easy-for-hackers-to-steal-your-irs-accou-1694572344

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