Last week my PayPal account was "permanently disabled" this also happened to two of my friends at the same time. Is anyone else going through this right now? When I looked it up on Reddit it seemed like a widespread error that started last week. Could it be related to this? Are there any steps I should be taking to try to get my account back? Any help here would be really appreciated.
I really didn't like this line of the article. "This stuff isn’t easy, and before we get to a world with zero traffic deaths, we’ll—briefly, I hope—have to increase the number of traffic deaths just a little. We feel really bad about that."
Reason being, while satire the rest could hold true. Mistakes will happen from cars, but mistakes happen from people anyway. Now this line quoted above is just incorrect. The average automated driver is going to cause many less deaths and the average human driver. That is the thing that is so frustrating about this type of talk putting down automated driving. Automated driving (from my understanding) is already safer than human driving, we just don't accept deaths from automated driving but we do from human driving.
The line seems more correct if it was written: "This stuff isn’t easy, and before we get to a world with zero traffic deaths, we’ll—briefly, decrease the number of traffic deaths, but not to zero and mistakes will be made. We feel really bad about that."
That is certainly a more true statement than the one in the article.
Facebook ads have brought some of the most positive products and positive changes to my life. Sometime I literally go on Facebook just for the ads to see what else is out there for me in terms of personal development and life improvement.
I started my current business originally from a program I bought through Facebook ads. I spent a half a year following Tony Robbins around, which had a huge positive impact on my life thanks to a Facebook ad.
I recently got out of a funk due to a Facebook ad for a support group of people going through what I was going through.
I would be really sad to see Facebook ads go and I don’t think there are other places I would have found these services that I did find.
I can honestly say, I don’t know where my life would be if there were not Facebook ads, but I do not think it would be in such a positive place for sure..
If we use a reasonable definition of hard, like what percentage of the population can learn a task/skill/subject. We could say the smaller percentage of people that can do a task/skill/subject the harder it is.
And the larger the percentage of the population can learn the task/skill/subject the softer it is.
With this definition we can still use the words hard and soft and I don’t think it changes too much how we use them now.
And then any social consequences that come from the use of the words would just be inherent based on a reasonable definition.
This is not good advice. If you set things up correctly you should set it up as an s-corp to maximize your tax savings.
If you have an s-corp, you won’t have to pay self employment tax, which is 15% on all of your profit and all of your salary if you just stay an LLC without an s-corp election.
With an s-corp you are advised to pay yourself a reasonable salary as a w2. That salary is the only thing you will need to pay that self employment tax on. That salary should be as low as you can justify. Here is info from the IRS about how to go about calculating that.. https://www.irs.gov/pub/irs-news/fs-08-25.pdf
I would imagine you could easily justify $50k-$75k as your salary, but you’d have to put the time in to calculate it.
If you were to do this based on $54k a month, you are saving about $90k a year on your taxes. The less you pay yourself a w2 the more you save.
If you set up like this, which is the way you will save the most on your taxes, then the amount you can contribute to your retirement account, ie solo 401k for you in this situation is approximately 50% of your w2 income because how much you can contribute is tied to your salary. For a $75,000 salary that max you can contribute is $38,250. Sure feel free to put that into your Solo 401k.
But that should be an after thought to saving the 15% self employment tax.
By putting money into a 401k it is not tax free only tax deferred, this means you will pay taxes on it eventually. If you think you may make more in retirement than you are now it makes this deal way less sweet. I know I’m planing on making more then.
Also, hiring a spouse is again a terrible idea here, because you are going to then pay 15% self employment tax between the two of you. 7.5% each.
Sure if you are an LLC and didn’t take your s-corp election then this makes sense. But if you did, hiring your spouse will be an extra 15% tax on his/her salary, since all of your profits won’t have that 15% tax on them.
And for what reason.. so you can put it into a tax deferred account you will need to pay taxes on eventually.
The very first thing you do when you start to make real profit is to take an s-corp election. There isn’t even an argument to this.
Telling the poster to do anything beyond taking a s-corp election first is doing him a huge disservice and costing him around $90k a year.
Are you a solo owner? You need to take an s-corp election and you do not need to pay yourself that type of salary. At most you should pay yourself $54,000 a year.
The reason is money that goes through an s-corp you don’t pay self employment taxes on. Salary you do. That is 15%.
You wouldn’t need to pay yourself more than $54,000 without the government getting upset.
Right now, based on $54,000 a month you are losing about $90,000 a year not being structured like this.
The rest of the money, you can just transfer to your personal account and do whatever you want with. It is all your money as a solo owner, so if you want it just send it to yourself.
I’ve been through this exact situation before and I’m currently a tax strategist and help people with this type of stuff everyday.
When we had all that extra money, I moved to Asepn Colorado and had a bunch of fun skiing and living it up.
You can do whatever you want with the money, but please get your s-corp election set and stop paying yourself $14k a month.
If you want help reach out. I think my email is still in my profile.
In the US you can do "plumbing service" without a license. So that is any repair basically. You just can't do installation, so no new construction. However, there is plenty of business in service and I like the work better than installations.
It's funny it feels like a 'downgrade' as it is more lucrative. It is also really fun. You feel like a superhero when you show up at peoples house and rescue them from their problem (which if you are a plumber is often serious). I also noticed that we did a fair bit of almost counseling when we showed up at peoples houses, which also felt great. It got me out of the house and meeting people. To me it seems like a good noble career.
And let's not forget what Einstein said.. "If I would be a young man again and had to decide how to make my living, I would not try to become a scientist or scholar or teacher. I would rather choose to be a plumber or a peddler in the hope to find that modest degree of independence still available under present circumstances."
I’m trying to find a job right now and it isn’t going well. I have my PhD in computer science and I’ve run my own bootstraped company before and took it to over a million in profit for a couple years. I want to find a job as a engineering manager or something similar, but the feedback I’m getting is I don’t have enough corporate experience for that type of job, because I’ve just been doing my own thing for so long. I could find a job as a programmer, but I really don’t want to. After running my own company, I just like management better. And I know I wouldn’t enjoy programming for someone else for 8 hours a day.
So, I’m currently starting a tech business, but it is just going to take a bit to get started and it may not work. So in the mean time, I’m going to work on starting a plumbing company. I live in an affluent community and I think I can get the plumbing business to $400k-$500 a year, with just myself and a van. I’m going to just hire a plumber to take calls with me until I get comfortable going on calls on my own. I apprenticed this fall with a plumber; I like the work way more than programming and got an idea of how much I could expect to make. Which is way more than I could make programming for someone.
Thinking back on it, as my PhD was finishing up, I was having trouble finding a job, which was one of the things that pushed me to start my own thing anyway.
So I guess not being able to find a job and starting my own thing is something I have done a few times now. It is way more motivating to start something when you have no other good choice.
Hey! It sounds like both your consulting and budding start-up are very interesting. I'm looking to get into consulting. Python and SQL and my specialties.
If you want to cut back on your consulting perhaps I can try to take some of the work off of you. I could work under you at half your price $140/h, so you could spend more time on your start-up and still be making money from your consulting and keep your clients. It makes sense for me as it would be a quick way for me to get into consulting and it seems like you already have the workflow, etc down.
Or perhaps you would want to work with someone on your startup. I have had a few successful start-ups over the years.
You can check my LinkedIn and my email is in my HN profile. Get in touch if you are interested!
These will be artists who are already famous and have fans and distribution channels and will be able to sell there art for lots of money, probably helping pay for the trip. Also their art will be viewed by many people, so it will impact many people that way. So it is significant in that way.
Well it got me to click on it. Which in the end I’m pretty happy about; it was a very interesting article. Can clickbait be justifiable if the end product is good?
A stop with an arrow is not sufficient as it puts the decision of when to turn on the driver of the car, instead of being dictated by the light as is the desired behavior...
Whether or not there is a sign, you still need the light.. A sign is not sufficient as it puts the decision of when to turn on the driver of the car, instead of being dictated by the light as is the desired behavior...