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Tomorrows Tax Day, Don't Pay, I'm Certain
Mon, 14 Apr 2008 11:50:00 -0400
“Certainty? In this world nothing is certain but death and taxes.” Except for not patenting electricity Benjamin Franklin is usually correct.
In regards to the life cycle of your web hosting company his timing is impeccable.
Your company should do everything possible not to pay taxes. You can either give it to the government, great benefit there, or grow your business and hence the economy. Hire more employees (let them pay taxes), spend money on capital equipment and that whole channel line pays taxes. But remember you don’t want your company to pay taxes. Not on April 15th.
Smart and profitable industrialists, hopefully like you, avoid taxes. That is one of the commanding reasons for acquiring a business. Most web host firms have lousy balance sheets. They have depreciated the assets and have nothing to shield profits, they pay taxes.
I always find it sort of magical that you can acquire an asset (buy a company) that was fully depreciated yesterday, put it on your balance sheet today (stepping up the assets as accounts say) and voila! you have a complete new depreciation schedule protecting your cash. Sort of like asparagus cropping up in the spring, where did that come from?
So you say…“I am profitable but don’t have any money to make an acquisition Tom”. Even a better reason to take out a government loan. That is exactly what not paying taxes is, a differed no interest loan from the government. And if you screw up sort of risk free.
Now Ben was correct…nothing is certain but death and taxes. In your case the death of your company. Don’t frown, this is just the end of the investment period…maybe the buyer of your company will keep the name, who cares?…your out. Now you want to pay a lot of taxes, big time taxes. You have taken those government loans and parlayed them into your success. As Franklin said taxes were certain, he just did not state when.
Why upgrade? Looks like they are mainly wanting to provide VPS hosting clients the same feature rich functionality of cPanel and WHM while helping to reduce memory usage by up to 60 percent for VPS accounts. Another nice perk about this newest version of cPanel is it will lower the costs hopefully for cPanel powered VPS hosting as right now most VPS customers have to pay the dedicated hosting license fees to use it. Also due to the earlier mentioned cut in memory usage, web hosts should be able to reach a higher account density per machine. So how can you lay your hands on it right now?
Most internet connections are very fast but it still matters where the physical server is hosted in terms of speed. If I was starting an online store focusing on customers in Texas the site is going to server faster to people from Texas if it is in Texas. Similarly if you are building a site aimed at United Kingdom residents you don’t want the server to be in the United States or even Europe in some cases. By hosting in a location near your customer base you are speeding up their access time to the server. This might not seem like a big deal but in a number of studies the importance of a quick loading page can mean a big difference in the number of conversions. Or if you are hosting a game server ping time will obviously matter when you are shooting your next zombie.
We had put all our efforts to produce some respectable reading matter on earth from space. We sure do wish it's respectable enough for you.
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free web server
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free web site hosting
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Monish Sood (Microsoft) & Clayton (HostMySite)
Tue, 20 May 2008 07:10:50 -0800
theWHIR.com posted a photo:
Monish hams it up with past co-worker, Clayton from HostMySite on the Monday night boat cruise at the Parallels Summit.
Tomorrows Tax Day, Don't Pay, I'm Certain
Mon, 14 Apr 2008 11:50:00 -0400
“Certainty? In this world nothing is certain but death and taxes.” Except for not patenting electricity Benjamin Franklin is usually correct.
In regards to the life cycle of your web hosting company his timing is impeccable.
Your company should do everything possible not to pay taxes. You can either give it to the government, great benefit there, or grow your business and hence the economy. Hire more employees (let them pay taxes), spend money on capital equipment and that whole channel line pays taxes. But remember you don’t want your company to pay taxes. Not on April 15th.
Smart and profitable industrialists, hopefully like you, avoid taxes. That is one of the commanding reasons for acquiring a business. Most web host firms have lousy balance sheets. They have depreciated the assets and have nothing to shield profits, they pay taxes.
I always find it sort of magical that you can acquire an asset (buy a company) that was fully depreciated yesterday, put it on your balance sheet today (stepping up the assets as accounts say) and voila! you have a complete new depreciation schedule protecting your cash. Sort of like asparagus cropping up in the spring, where did that come from?
So you say…“I am profitable but don’t have any money to make an acquisition Tom”. Even a better reason to take out a government loan. That is exactly what not paying taxes is, a differed no interest loan from the government. And if you screw up sort of risk free.
Now Ben was correct…nothing is certain but death and taxes. In your case the death of your company. Don’t frown, this is just the end of the investment period…maybe the buyer of your company will keep the name, who cares?…your out. Now you want to pay a lot of taxes, big time taxes. You have taken those government loans and parlayed them into your success. As Franklin said taxes were certain, he just did not state when.
More about Tom:
Why upgrade? Looks like they are mainly wanting to provide VPS hosting clients the same feature rich functionality of cPanel and WHM while helping to reduce memory usage by up to 60 percent for VPS accounts. Another nice perk about this newest version of cPanel is it will lower the costs hopefully for cPanel powered VPS hosting as right now most VPS customers have to pay the dedicated hosting license fees to use it. Also due to the earlier mentioned cut in memory usage, web hosts should be able to reach a higher account density per machine. So how can you lay your hands on it right now?
Most internet connections are very fast but it still matters where the physical server is hosted in terms of speed. If I was starting an online store focusing on customers in Texas the site is going to server faster to people from Texas if it is in Texas. Similarly if you are building a site aimed at United Kingdom residents you don’t want the server to be in the United States or even Europe in some cases. By hosting in a location near your customer base you are speeding up their access time to the server. This might not seem like a big deal but in a number of studies the importance of a quick loading page can mean a big difference in the number of conversions. Or if you are hosting a game server ping time will obviously matter when you are shooting your next zombie.
We had put all our efforts to produce some respectable reading matter on earth from space. We sure do wish it's respectable enough for you.
#
free web page hosting
free web server
free web site
free web site hosting
hosting companies | hosting company | hosting services
Labels: singapore web hosting | site hosting | small business web hosting | storage space
posted by Austin Smithson23 @ 8:01 AM
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