Welcome to the Sexy and Funny Forums forums.

You are currently viewing our forums as a guest which gives you very limited access to what we have to offer. By joining our community you will have access to post replies/topics, communicate privately with other members (PM), respond to polls, remove some of the ads and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact contact us.

Bored? Go watch girls get naked on cam for free!

Go Back   Sexy and Funny Forums > Special Interest > The Master Debaters
User Name
Password

Latest from S&F
Random S&F
  
Reply
 
Thread Tools Display Modes 0 Attachment(s)
Old 04-19-2017, 06:30 AM   #41
billxl883
Why don't I have a Custom Title by now?
 
billxl883's Avatar
 
Join Date: Mar 2006
Posts: 2,955
Casino Cash: $5278
My Mood:
Rep Power: 10
Avg Rep Per Post: 3.94
billxl883 has a reputation beyond repute (11656 total rep)
billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)
+10
Default

Quote:
Originally Posted by 65daft
I didn't say it made me correct I just pointed out your pattern.
When we're arguing a point and you call me wrong, there is no valid interpretation other than you think that you are correct.


Quote:
Originally Posted by 65daft
So then you didn't run companies as you claim.
Never claimed to run them by myself, other than my own consultancy. Nice try at a straw man argument.

Quote:
Originally Posted by 65daft
If a company gives you a motorhome valued at 150k, you then take the AVR of the motor home and you only pay taxes on that. Rember a new vehicle drops 20% in value the second it is driven off the lot so yes items for a pay saves you a fortune in taxes.
No, the motorhome's current value is $150,000 and that's what the recipient pays taxes on. I didn't say original cost was $150,000 I said it was worth $150,000.

Quote:
Originally Posted by 65daft
My guess wasn't wrong, those are two things that defer tax, But since taxes are so complex and you were being so vague it is rather hard to guess what you were thinking.
I wasn't vague, I didn't even mention any type of compensation. I simply said you missed three items and asked you to tell us what they are. How is that vague? Do you expect me to tell you what the answer is so you can retype it and appear smart? You claim to have some boundless knowledge of tax law, I've already named one, try to find the other two.

Quote:
Originally Posted by 65daft
You don't get it both way bill. Simply I'm sure everyone knew what I menat to, that still doesn't make my typo correct. What you said means one divided by ten percent. Plain and simple what you wrote changed the meaning just the same as what I wrote changed the meaning. So either you were wrong, or you can say oh well you made a typo no big deal thanks for clarifying that.
Whether it was a typo or not, it changed the meaning. You should spend more time reading what you write. Not to mention that receiving stock in lieu of cash compensation doesn't lower a tax bill, the stock is taxed at regular rates. You never did explain what you mean by "credits", is that just another made up daft term?
__________________
Trained by experts in the art of hiding dead bodies.
billxl883 is offline  
Reply With Quote
Old 04-20-2017, 08:14 AM   #42
65dart
Why don't I have a Custom Title by now?
 
Join Date: May 2008
Posts: 6,544
Casino Cash: $10285
Rep Power: 10
Avg Rep Per Post: 2.04
65dart has a reputation beyond repute (13328 total rep)x2
65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)
Default

Quote:
Originally Posted by billxl883
When we're arguing a point and you call me wrong, there is no valid interpretation other than you think that you are correct.


Quote:
Originally Posted by 65daft
So then you didn't run companies as you claim.
Never claimed to run them by myself, other than my own consultancy. Nice try at a straw man argument.

Quote:
Originally Posted by 65daft
If a company gives you a motorhome valued at 150k, you then take the AVR of the motor home and you only pay taxes on that. Rember a new vehicle drops 20% in value the second it is driven off the lot so yes items for a pay saves you a fortune in taxes.
No, the motorhome's current value is $150,000 and that's what the recipient pays taxes on. I didn't say original cost was $150,000 I said it was worth $150,000.

Quote:
Originally Posted by 65daft
My guess wasn't wrong, those are two things that defer tax, But since taxes are so complex and you were being so vague it is rather hard to guess what you were thinking.
I wasn't vague, I didn't even mention any type of compensation. I simply said you missed three items and asked you to tell us what they are. How is that vague? Do you expect me to tell you what the answer is so you can retype it and appear smart? You claim to have some boundless knowledge of tax law, I've already named one, try to find the other two.

Quote:
Originally Posted by 65daft
You don't get it both way bill. Simply I'm sure everyone knew what I menat to, that still doesn't make my typo correct. What you said means one divided by ten percent. Plain and simple what you wrote changed the meaning just the same as what I wrote changed the meaning. So either you were wrong, or you can say oh well you made a typo no big deal thanks for clarifying that.
Whether it was a typo or not, it changed the meaning. You should spend more time reading what you write. Not to mention that receiving stock in lieu of cash compensation doesn't lower a tax bill, the stock is taxed at regular rates. You never did explain what you mean by "credits", is that just another made up daft term?

Nope that's just you making assumptions again, instead of reading what I actually wrote.

Whatever you dam liar you claimed to be in charge of three different business, which is why you claimed to know so much about how a business should be run. Now the truth comes out you were a cpa that thought he was important because you played with money.

Current value has nothing to do with the ARV. Could the reicipient of the motorhome turn around that day and sell the motor home for 150k. If not then that is not the ARV of the vehicle. Could the reciepient of the motor home get 150k worth of use out of the motor home if no then that is not the AVR of the motor home. You can say something is worth what you want. That doesn't mean that is the actual real value of it. For example I have 10k in parts into my car, the car is worth about 3k stock making the current value of the 15k. The arv of the car is about 5k.

Your being vague because is there is a hell of a lot more things than just three ways to defer taxes
for example
1. claim a capital gain reserve
2.negotiate a leave of absence or sabbatical
3. purchase a prescribed annuity
4. negotiate a notional defined contribution plan
5. cascading life insurance
6. contribute to your registered plan.

And again when you used 1/10% it changed what you said also. But you argue because every one knew what you meant it is ok. So I'm sure you knew what I meant You just wanted to be an ass about it. So again you don't get it both ways. You can either accept my typo, or you can admit what you wrote was wrong. If your seriously going to try to play both sides it makes you a bigger joke than you are now.

And no stocks are not taxed at a regular rate, you have not received any money, so there is no income till the stock is sold.

I was basically using credits as a vague term of anyother way a company could compensate an employee, with something other than money, and that would also not be taxed.
65dart is offline  
Reply With Quote
Old 04-21-2017, 03:46 AM   #43
billxl883
Why don't I have a Custom Title by now?
 
billxl883's Avatar
 
Join Date: Mar 2006
Posts: 2,955
Casino Cash: $5278
My Mood:
Rep Power: 10
Avg Rep Per Post: 3.94
billxl883 has a reputation beyond repute (11656 total rep)
billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)
Default

Quote:
Originally Posted by 65daft
Whatever you dam liar you claimed to be in charge of three different business, which is why you claimed to know so much about how a business should be run. Now the truth comes out you were a cpa that thought he was important because you played with money.
Show me where I said I run the businesse by myself. I've always said I was part of senior management. And for someone who still claims to squat more than 200 pounds greater than the world record you've got NO room to call anyone a liar.

Quote:
Originally Posted by 65daft
Current value has nothing to do with the ARV. Could the reicipient of the motorhome turn around that day and sell the motor home for 150k. If not then that is not the ARV of the vehicle. Could the reciepient of the motor home get 150k worth of use out of the motor home if no then that is not the AVR of the motor home. You can say something is worth what you want. That doesn't mean that is the actual real value of it. For example I have 10k in parts into my car, the car is worth about 3k stock making the current value of the 15k. The arv of the car is about 5k.
Dumbass. The current value of the make believe car is 5k if that's what you could sell it for. Value is not the same as cost or the amount invested. Value is what a buyer is willing to pay and a seller is willing to accept.

Quote:
Originally Posted by 65daft
Your being vague because is there is a hell of a lot more things than just three ways to defer taxes
for example
1. claim a capital gain reserve
2.negotiate a leave of absence or sabbatical
3. purchase a prescribed annuity
4. negotiate a notional defined contribution plan
5. cascading life insurance
6. contribute to your registered plan.
Well, you can use Google, you just can't undertand what you read.

Capital Gain Reserve has nothing to do with either compensation or US taxes. It is a Canadian tax provision that can be used when one sells a capital asset such as real estate or stock.

A leave of absence or sabbatical will do nothing to reduce your taxable income unless you don't get paid during that time. In which case it defeats your stated purpose of shifting income from higher taxed types to lower taxed types.

A Prescribed Annuity is another Canadian provision, not US. On top of that, if it were a US provision it would not reduce your taxable income since the cost of your employer purchasing it is included in your taxable income. You might as well buy it yourself with after tax income.

Notional Defined Contribution Plan? - Again - CANADA. In any rate, the closest thing we have in the US is what I already discused, a generous retirement plan.

Cascading Life Insurance, again - CANADA. In the US you could buy life insurance on succeeding generations, and any cash value can grow tax deferred. But it's an estate planning move, it does not reduce taxable income. If your employer purchases life insurance for you the premiums for the insurance in excess of $50,000 are taxable income to you. So no tax reduction.

Contribute to your registered plan. Too vague. What registered plan? Wouldn't this be just like the generous retirement plan already discussed?


Quote:
Originally Posted by 65daft
And again when you used 1/10% it changed what you said also. But you argue because every one knew what you meant it is ok. So I'm sure you knew what I meant You just wanted to be an ass about it. So again you don't get it both ways. You can either accept my typo, or you can admit what you wrote was wrong. If your seriously going to try to play both sides it makes you a bigger joke than you are now.
Once more, if you were the only one who didn't know it was a value then the problem is yours.

Quote:
Originally Posted by 65daft
And no stocks are not taxed at a regular rate, you have not received any money, so there is no income till the stock is sold.
You have received something of value, the value is established. It is taxable income. You agree that the motorhome would be taxable, just differ on the amount, yet no money was received by the guy who got the motorhome.
__________________
Trained by experts in the art of hiding dead bodies.
billxl883 is offline  
Reply With Quote
Old 04-21-2017, 08:44 AM   #44
65dart
Why don't I have a Custom Title by now?
 
Join Date: May 2008
Posts: 6,544
Casino Cash: $10285
Rep Power: 10
Avg Rep Per Post: 2.04
65dart has a reputation beyond repute (13328 total rep)x2
65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)
Default

Quote:
Originally Posted by billxl883
Show me where I said I run the businesse by myself. I've always said I was part of senior management. And for someone who still claims to squat more than 200 pounds greater than the world record you've got NO room to call anyone a liar.

Quote:
Originally Posted by 65daft
Current value has nothing to do with the ARV. Could the reicipient of the motorhome turn around that day and sell the motor home for 150k. If not then that is not the ARV of the vehicle. Could the reciepient of the motor home get 150k worth of use out of the motor home if no then that is not the AVR of the motor home. You can say something is worth what you want. That doesn't mean that is the actual real value of it. For example I have 10k in parts into my car, the car is worth about 3k stock making the current value of the 15k. The arv of the car is about 5k.
Dumbass. The current value of the make believe car is 5k if that's what you could sell it for. Value is not the same as cost or the amount invested. Value is what a buyer is willing to pay and a seller is willing to accept.

Quote:
Originally Posted by 65daft
Your being vague because is there is a hell of a lot more things than just three ways to defer taxes
for example
1. claim a capital gain reserve
2.negotiate a leave of absence or sabbatical
3. purchase a prescribed annuity
4. negotiate a notional defined contribution plan
5. cascading life insurance
6. contribute to your registered plan.
Well, you can use Google, you just can't undertand what you read.

Capital Gain Reserve has nothing to do with either compensation or US taxes. It is a Canadian tax provision that can be used when one sells a capital asset such as real estate or stock.

A leave of absence or sabbatical will do nothing to reduce your taxable income unless you don't get paid during that time. In which case it defeats your stated purpose of shifting income from higher taxed types to lower taxed types.

A Prescribed Annuity is another Canadian provision, not US. On top of that, if it were a US provision it would not reduce your taxable income since the cost of your employer purchasing it is included in your taxable income. You might as well buy it yourself with after tax income.

Notional Defined Contribution Plan? - Again - CANADA. In any rate, the closest thing we have in the US is what I already discused, a generous retirement plan.

Cascading Life Insurance, again - CANADA. In the US you could buy life insurance on succeeding generations, and any cash value can grow tax deferred. But it's an estate planning move, it does not reduce taxable income. If your employer purchases life insurance for you the premiums for the insurance in excess of $50,000 are taxable income to you. So no tax reduction.

Contribute to your registered plan. Too vague. What registered plan? Wouldn't this be just like the generous retirement plan already discussed?


Quote:
Originally Posted by 65daft
And again when you used 1/10% it changed what you said also. But you argue because every one knew what you meant it is ok. So I'm sure you knew what I meant You just wanted to be an ass about it. So again you don't get it both ways. You can either accept my typo, or you can admit what you wrote was wrong. If your seriously going to try to play both sides it makes you a bigger joke than you are now.
Once more, if you were the only one who didn't know it was a value then the problem is yours.

Quote:
Originally Posted by 65daft
And no stocks are not taxed at a regular rate, you have not received any money, so there is no income till the stock is sold.
You have received something of value, the value is established. It is taxable income. You agree that the motorhome would be taxable, just differ on the amount, yet no money was received by the guy who got the motorhome.

Where did I say you ran it by yourself, I said you were in charge, your minicing words in an attempt to avoid what you have said.

Dumbass you just reiterated what I said Arv of the car is 5k. The car would be appraised for 15K because of what has been done to it. So you would have to go in show the ARV and in turn get the lower tax rate. And you just described what ARV just because someone said the motor home you dealt with was 150k doesn't mean you could sell it 150k.

I did use google and I didn't really even read what I put up there, it was just to prove a point of your vagueness, or how dense you are. You seem to think there is only three way to defer taxes so since I don't read minds I don't have clue as too what you are shooting for.

And again no, You can't go after someone for a typo when you yourself put up something that was inccorect. Making it even worse is you defend your mistake by saying well everyone knew what I meant. You sound like a complete idiot right. Your basically coming off as" Its ok for me to sound dumb because people understand my idiocy".


What the hell. How the fuck do you even operate in life. The person received the motor home in exchange for money. Did you catch that he received something. With a stock you get nothing. Just a piece of paper of money you could have. The person received nothing that they can use.
65dart is offline  
Reply With Quote
Old 04-22-2017, 05:41 AM   #45
billxl883
Why don't I have a Custom Title by now?
 
billxl883's Avatar
 
Join Date: Mar 2006
Posts: 2,955
Casino Cash: $5278
My Mood:
Rep Power: 10
Avg Rep Per Post: 3.94
billxl883 has a reputation beyond repute (11656 total rep)
billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)
Default

Quote:
Originally Posted by 65daft
Where did I say you ran it by yourself, I said you were in charge, your minicing words in an attempt to avoid what you have said.
What a weird way to try to deny what you said. Trying to say "in charge" is not the same as running it.

Quote:
Originally Posted by 65daft
Dumbass you just reiterated what I said Arv of the car is 5k. The car would be appraised for 15K because of what has been done to it. So you would have to go in show the ARV and in turn get the lower tax rate. And you just described what ARV just because someone said the motor home you dealt with was 150k doesn't mean you could sell it 150k.
When someone says something is "worth" $x dollars, that is what it would sell for. I don't see how you can define it any differently, unless you're using dartlogic.


Quote:
Originally Posted by 65daft
I did use google and I didn't really even read what I put up there, it was just to prove a point of your vagueness, or how dense you are. You seem to think there is only three way to defer taxes so since I don't read minds I don't have clue as too what you are shooting for.
So you failed, and then try to excuse it by saying you didn't read it, nice. Also nice to see that even with the "extensive" knowledge of taxes that you claim, you can't come up with a couple of ways to defer taxes. I guess your knowledge isn't so extensive after all, yet you still continue to argue as if you're the authority.

Quote:
Originally Posted by 65daft
And again no, You can't go after someone for a typo when you yourself put up something that was inccorect. Making it even worse is you defend your mistake by saying well everyone knew what I meant. You sound like a complete idiot right. Your basically coming off as" Its ok for me to sound dumb because people understand my idiocy".
What mistake? The mistake is yours in not knowing how to read it. Only you made that mistake.


Quote:
Originally Posted by 65daft
What the hell. How the fuck do you even operate in life. The person received the motor home in exchange for money. Did you catch that he received something. With a stock you get nothing. Just a piece of paper of money you could have. The person received nothing that they can use.
The person received stock that they could sell. That has value just like the motor home. If you think stock has no value because it's "just a piece of paper" you can't be helped. You're making a pathetic attempt at justifying your errors and looking worse each time you do it.
__________________
Trained by experts in the art of hiding dead bodies.
billxl883 is offline  
Reply With Quote
Old 04-22-2017, 08:47 AM   #46
65dart
Why don't I have a Custom Title by now?
 
Join Date: May 2008
Posts: 6,544
Casino Cash: $10285
Rep Power: 10
Avg Rep Per Post: 2.04
65dart has a reputation beyond repute (13328 total rep)x2
65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)
Default

Quote:
Originally Posted by billxl883
What a weird way to try to deny what you said. Trying to say "in charge" is not the same as running it.

Quote:
Originally Posted by 65daft
Dumbass you just reiterated what I said Arv of the car is 5k. The car would be appraised for 15K because of what has been done to it. So you would have to go in show the ARV and in turn get the lower tax rate. And you just described what ARV just because someone said the motor home you dealt with was 150k doesn't mean you could sell it 150k.
When someone says something is "worth" $x dollars, that is what it would sell for. I don't see how you can define it any differently, unless you're using dartlogic.


Quote:
Originally Posted by 65daft
I did use google and I didn't really even read what I put up there, it was just to prove a point of your vagueness, or how dense you are. You seem to think there is only three way to defer taxes so since I don't read minds I don't have clue as too what you are shooting for.
So you failed, and then try to excuse it by saying you didn't read it, nice. Also nice to see that even with the "extensive" knowledge of taxes that you claim, you can't come up with a couple of ways to defer taxes. I guess your knowledge isn't so extensive after all, yet you still continue to argue as if you're the authority.

Quote:
Originally Posted by 65daft
And again no, You can't go after someone for a typo when you yourself put up something that was inccorect. Making it even worse is you defend your mistake by saying well everyone knew what I meant. You sound like a complete idiot right. Your basically coming off as" Its ok for me to sound dumb because people understand my idiocy".
What mistake? The mistake is yours in not knowing how to read it. Only you made that mistake.


Quote:
Originally Posted by 65daft
What the hell. How the fuck do you even operate in life. The person received the motor home in exchange for money. Did you catch that he received something. With a stock you get nothing. Just a piece of paper of money you could have. The person received nothing that they can use.
The person received stock that they could sell. That has value just like the motor home. If you think stock has no value because it's "just a piece of paper" you can't be helped. You're making a pathetic attempt at justifying your errors and looking worse each time you do it.


Gee imagine that your just going to keep twisting things in attempt to deflect from what you have said.

No I'm using logic of every sensible person out their. An item has many different values depending what the value is being used for. Take a house for example you have the appraised value, you have the tax value, you what it would sell for value, and you have replacement value. Or take promotional coupons, the whole good for one hamburger, actual cash value .01. So we will go back to your motorhome example. I'm going to assume the motorhome was new on a lot for 150k. So the company gives it to an employee, well the second it is off the car lot value drops 20% so the motor home is now worth 120k Say it is a year old model, the value has now dropped to 100k. Say the employee is trying to sell it in the winter months when prices drop, so it is now worth 80k. So the company gave the employee a motor home valued at 150k which is correct value, but by the time employee has it he only able to sell it for 80k which is also correct value. So no there is not just one value for things.

Or another example that is very closely related I piece of equipment brand new for 1k. Tools instantly drop 50% once they are used so I could only resale it for 500. So for property tax I list its value at 500, even though it was a 1k tool because the ARV is 500.

No its called your dense, Your trying to claim there is three ways to defer taxes. But don't in any manner indicate what you mean by defer or what types of taxes, I gave a random example of how vague your being. Has nothing to do with my knowledge, I was showing how idiotic you sound, when you think your coming off smug.

I know exactely how to read it. 1/10% is one divided by ten percent. Plain and simple it was written wrong, you don't get to claim its right because people overlooked your idiocy. Mine was a simple error I admitted to, you continuing to claim your stamen was was correct just makes you an idiot. And again you don't get to have it both ways, you can't insult me about what being an adult is because I made a typo, and in the same breath say evertone understood my idiot statement so that makes it ok.

You fucking idiot if they sold the stock they would pay taxes on it. If they just receive a stock and don't cash in it they have not received anything of value in their hand. They have basically been handed an IOU. You keep calling me an idiot when its you that either can't understand what you have read, or your changing the wording in an attempt to make your self right, and hope I won't notice. Which I'm guess the latter is the correct one since you love to twist shit.
65dart is offline  
Reply With Quote
Old 04-23-2017, 05:33 AM   #47
billxl883
Why don't I have a Custom Title by now?
 
billxl883's Avatar
 
Join Date: Mar 2006
Posts: 2,955
Casino Cash: $5278
My Mood:
Rep Power: 10
Avg Rep Per Post: 3.94
billxl883 has a reputation beyond repute (11656 total rep)
billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)
Default

Quote:
Originally Posted by 65daft
Gee imagine that your just going to keep twisting things in attempt to deflect from what you have said.
That's your normal response when you've been shown to be wrong. "Whaa, Whaa, Whaa, you're twisting my words."

Quote:
Originally Posted by 65daft
No I'm using logic of every sensible person out their. An item has many different values depending what the value is being used for. Take a house for example you have the appraised value, you have the tax value, you what it would sell for value, and you have replacement value. Or take promotional coupons, the whole good for one hamburger, actual cash value .01. So we will go back to your motorhome example. I'm going to assume the motorhome was new on a lot for 150k. So the company gives it to an employee, well the second it is off the car lot value drops 20% so the motor home is now worth 120k Say it is a year old model, the value has now dropped to 100k. Say the employee is trying to sell it in the winter months when prices drop, so it is now worth 80k. So the company gave the employee a motor home valued at 150k which is correct value, but by the time employee has it he only able to sell it for 80k which is also correct value. So no there is not just one value for things.
Who's twisting? I clearly said the "current value". Not appraised value, not original cost, not MSRP. You may be trying to confuse others with your argument, but only you so easily confused to believe it.

Quote:
Originally Posted by 65daft
No its called your dense, Your trying to claim there is three ways to defer taxes. But don't in any manner indicate what you mean by defer or what types of taxes, I gave a random example of how vague your being. Has nothing to do with my knowledge, I was showing how idiotic you sound, when you think your coming off smug.
If you don't know what the word "defer" means there are free dictionaries on line that you can use. And you call me dense?

Quote:
Originally Posted by 65daft
You fucking idiot if they sold the stock they would pay taxes on it. If they just receive a stock and don't cash in it they have not received anything of value in their hand. They have basically been handed an IOU. You keep calling me an idiot when its you that either can't understand what you have read, or your changing the wording in an attempt to make your self right, and hope I won't notice. Which I'm guess the latter is the correct one since you love to twist shit.
You're just flat out wrong on that. But with all your "expertise" I'm sure you think you're right.

Try reading these:
https://bklawyers.com/docs/publicati...all%202007.pdf
http://fairmark.com/execcomp/grants.htm
__________________
Trained by experts in the art of hiding dead bodies.
billxl883 is offline  
Reply With Quote
Old 04-23-2017, 07:03 AM   #48
65dart
Why don't I have a Custom Title by now?
 
Join Date: May 2008
Posts: 6,544
Casino Cash: $10285
Rep Power: 10
Avg Rep Per Post: 2.04
65dart has a reputation beyond repute (13328 total rep)x2
65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)
Default

Quote:
Originally Posted by billxl883
That's your normal response when you've been shown to be wrong. "Whaa, Whaa, Whaa, you're twisting my words."

Quote:
Originally Posted by 65daft
No I'm using logic of every sensible person out their. An item has many different values depending what the value is being used for. Take a house for example you have the appraised value, you have the tax value, you what it would sell for value, and you have replacement value. Or take promotional coupons, the whole good for one hamburger, actual cash value .01. So we will go back to your motorhome example. I'm going to assume the motorhome was new on a lot for 150k. So the company gives it to an employee, well the second it is off the car lot value drops 20% so the motor home is now worth 120k Say it is a year old model, the value has now dropped to 100k. Say the employee is trying to sell it in the winter months when prices drop, so it is now worth 80k. So the company gave the employee a motor home valued at 150k which is correct value, but by the time employee has it he only able to sell it for 80k which is also correct value. So no there is not just one value for things.
Who's twisting? I clearly said the "current value". Not appraised value, not original cost, not MSRP. You may be trying to confuse others with your argument, but only you so easily confused to believe it.

Quote:
Originally Posted by 65daft
No its called your dense, Your trying to claim there is three ways to defer taxes. But don't in any manner indicate what you mean by defer or what types of taxes, I gave a random example of how vague your being. Has nothing to do with my knowledge, I was showing how idiotic you sound, when you think your coming off smug.
If you don't know what the word "defer" means there are free dictionaries on line that you can use. And you call me dense?

Quote:
Originally Posted by 65daft
You fucking idiot if they sold the stock they would pay taxes on it. If they just receive a stock and don't cash in it they have not received anything of value in their hand. They have basically been handed an IOU. You keep calling me an idiot when its you that either can't understand what you have read, or your changing the wording in an attempt to make your self right, and hope I won't notice. Which I'm guess the latter is the correct one since you love to twist shit.
You're just flat out wrong on that. But with all your "expertise" I'm sure you think you're right.

Try reading these:
https://bklawyers.com/docs/publicati...all%202007.pdf
http://fairmark.com/execcomp/grants.htm


That my normal response for when you start twisting shit. You know you have lost so you twist the words in order to make yourself right then hope no one notices. When someone does notice you whine about get called out for your BS.

What is current value.
http://www.investorwords.com/13147/current_value.html
Definition
The financial worth at the appraisal time.
Yep you dealt with that stuff so much you don't even know the lingo, thanks again for proving your full of shit.
And again I will point out current value is determined by who ever values it. Hence why you can use items to reduce your tax. The company is going to give you a high price on what ever they give you, then you get to claim ARV on it when you pay taxes.

And what the hell kind of response is that. Your answer to me is to look up defer. Uh ok you got nothing so that was your attempt at an insult I guess, more illogical bill bull shit.

Wow and now you have gone full retard. You posted two articles that agree with what I said. Yep it clearly said on stocks it is possible to not pay taxes on them. Dur Dur bill is on a roll tonight.
65dart is offline  
Reply With Quote
Old 04-24-2017, 06:01 AM   #49
billxl883
Why don't I have a Custom Title by now?
 
billxl883's Avatar
 
Join Date: Mar 2006
Posts: 2,955
Casino Cash: $5278
My Mood:
Rep Power: 10
Avg Rep Per Post: 3.94
billxl883 has a reputation beyond repute (11656 total rep)
billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)
Default

Quote:
Originally Posted by 65daft
What is current value.
http://www.investorwords.com/13147/current_value.html
Definition
The financial worth at the appraisal time.
Yep you dealt with that stuff so much you don't even know the lingo, thanks again for proving your full of shit.
How long did it take you to find a definition with the word appraisal in it? Does the fact that the word appraisal is in your definition make you think you are right? News flash: An appraisal is not necessary for everything. Sure, some things like art works or fine jewelry need an appraisal. For others, like vehicles, current value can be established by many other means, such as comparables.

Definition: The present fair market value. Here


Quote:
Originally Posted by 65daft
And what the hell kind of response is that. Your answer to me is to look up defer. Uh ok you got nothing so that was your attempt at an insult I guess, more illogical bill bull shit.
No, what that is is showing that you have no clue about the subject if you don't even know what it means to defer taxes.


Quote:
Originally Posted by 65daft
Wow and now you have gone full retard. You posted two articles that agree with what I said. Yep it clearly said on stocks it is possible to not pay taxes on them. Dur Dur bill is on a roll tonight.
You really should learn to read. The articles said that tax is due when the stock is vested.
Quote:
Originally Posted by Faimark link
If your stock is vested when you receive it, you have to report compensation income equal to the value of the stock on the date of the grant or award. That's true even if you don't sell the stock, so you haven't received any cash.
That one line proves two of your statements wrong, that stock is not taxable until you sell it, and you don't pay tax until you receive cash.

You didn't say it "is possible to not pay taxes on them", you said no tax is due until the stock is sold. Two entirely different things, so please stop lieing about what you say so that you can appear smart.

Dur dur yourself.
__________________
Trained by experts in the art of hiding dead bodies.
billxl883 is offline  
Reply With Quote
Old 04-24-2017, 06:38 AM   #50
65dart
Why don't I have a Custom Title by now?
 
Join Date: May 2008
Posts: 6,544
Casino Cash: $10285
Rep Power: 10
Avg Rep Per Post: 2.04
65dart has a reputation beyond repute (13328 total rep)x2
65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)
Default

Quote:
Originally Posted by billxl883
How long did it take you to find a definition with the word appraisal in it? Does the fact that the word appraisal is in your definition make you think you are right? News flash: An appraisal is not necessary for everything. Sure, some things like art works or fine jewelry need an appraisal. For others, like vehicles, current value can be established by many other means, such as comparables.

Definition: The present fair market value. Here


Quote:
Originally Posted by 65daft
And what the hell kind of response is that. Your answer to me is to look up defer. Uh ok you got nothing so that was your attempt at an insult I guess, more illogical bill bull shit.
No, what that is is showing that you have no clue about the subject if you don't even know what it means to defer taxes.


Quote:
Originally Posted by 65daft
Wow and now you have gone full retard. You posted two articles that agree with what I said. Yep it clearly said on stocks it is possible to not pay taxes on them. Dur Dur bill is on a roll tonight.
You really should learn to read. The articles said that tax is due when the stock is vested.
Quote:
Originally Posted by Faimark link
If your stock is vested when you receive it, you have to report compensation income equal to the value of the stock on the date of the grant or award. That's true even if you don't sell the stock, so you haven't received any cash.
That one line proves two of your statements wrong, that stock is not taxable until you sell it, and you don't pay tax until you receive cash.

You didn't say it "is possible to not pay taxes on them", you said no tax is due until the stock is sold. Two entirely different things, so please stop lieing about what you say so that you can appear smart.

Dur dur yourself.


Again your just backing up what I'm saying. Did you not look up what ARV means. You once again prove you have no clue. You once again back up what I say and then you think you have defeated my argument. You go around in so many circles in an attempt to not be wrong you end up proving me right.

And again where did I show that I didn't know what it meant to defer taxes, are you making shit up in your head again.

Whats your point bill. I never claimed to be an expert, I just know the basics. And my initial point was that you can receive stocks in exchange for a wage and defer taxes on them. You said that was not true. Your article proved I was correct. I may have been wrong on that exact inner workings of it., but hey easy mistake as most of the research I have done releated vested interest to cashing out. But my initial point which you said was incorrect you proved correct for me. So its a little scary you do consulting, when me who doesn't have anything to do with accounting knows more than the guy claiming to do consulting.
65dart is offline  
Reply With Quote
Old 04-25-2017, 05:01 AM   #51
billxl883
Why don't I have a Custom Title by now?
 
billxl883's Avatar
 
Join Date: Mar 2006
Posts: 2,955
Casino Cash: $5278
My Mood:
Rep Power: 10
Avg Rep Per Post: 3.94
billxl883 has a reputation beyond repute (11656 total rep)
billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)
Default

Quote:
Originally Posted by 65daft
Again your just backing up what I'm saying. Did you not look up what ARV means. You once again prove you have no clue. You once again back up what I say and then you think you have defeated my argument. You go around in so many circles in an attempt to not be wrong you end up proving me right.
I doubt you looked up "ARV" because Google has it as After Repair Value or Antiretroviral drug. I took you to mean Appraised (or Approximate) Retail Value. Funny thing - that's the same as current value, you just want to argue. The Urban Dictionary has it as "Average Restroom Visits" but I don't think that's what you meant.



Quote:
Originally Posted by 65daft
And again where did I show that I didn't know what it meant to defer taxes, are you making shit up in your head again.
Here:
Quote:
Originally Posted by 65daft
...Your trying to claim there is three ways to defer taxes. But don't in any manner indicate what you mean by defer or what types of taxes ...
It only has one meaning and we are talking about only one type of tax. Once again, you're trying to deny that you said something. Too bad.



Quote:
Originally Posted by 65daft
Whats your point bill. I never claimed to be an expert, I just know the basics. And my initial point was that you can receive stocks in exchange for a wage and defer taxes on them. You said that was not true. Your article proved I was correct.
Sorry dude, but you obviously have trouble understanding the links. The link from bklawyers was written for someone educated in business, but the link from Fairmark is written for the average Joe. I figured the bklawyers link was way over your head so quoted the appropriate section of the Fairmark link, you couldn't even understand that. If your employer gives you stock in lieu of salary it is taxable when recieved, both links confirm that.
__________________
Trained by experts in the art of hiding dead bodies.
billxl883 is offline  
Reply With Quote
Old 04-25-2017, 06:39 AM   #52
65dart
Why don't I have a Custom Title by now?
 
Join Date: May 2008
Posts: 6,544
Casino Cash: $10285
Rep Power: 10
Avg Rep Per Post: 2.04
65dart has a reputation beyond repute (13328 total rep)x2
65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)
Default

Quote:
Originally Posted by billxl883
I doubt you looked up "ARV" because Google has it as After Repair Value or Antiretroviral drug. I took you to mean Appraised (or Approximate) Retail Value. Funny thing - that's the same as current value, you just want to argue. The Urban Dictionary has it as "Average Restroom Visits" but I don't think that's what you meant.



Quote:
Originally Posted by 65daft
And again where did I show that I didn't know what it meant to defer taxes, are you making shit up in your head again.
Here:
Quote:
Originally Posted by 65daft
...Your trying to claim there is three ways to defer taxes. But don't in any manner indicate what you mean by defer or what types of taxes ...
It only has one meaning and we are talking about only one type of tax. Once again, you're trying to deny that you said something. Too bad.



Quote:
Originally Posted by 65daft
Whats your point bill. I never claimed to be an expert, I just know the basics. And my initial point was that you can receive stocks in exchange for a wage and defer taxes on them. You said that was not true. Your article proved I was correct.
Sorry dude, but you obviously have trouble understanding the links. The link from bklawyers was written for someone educated in business, but the link from Fairmark is written for the average Joe. I figured the bklawyers link was way over your head so quoted the appropriate section of the Fairmark link, you couldn't even understand that. If your employer gives you stock in lieu of salary it is taxable when recieved, both links confirm that.

Appraised retail value works also still backs up what I said.

I'm not denying anything I said what type of tax are we talking about I know your going to say something along the line of payroll tax, but if we are talking about alternate forms of payment then there will be alternate forms of taxing, such as being taxed on receiving a motor home is much different than the manner in which a retirement fund would be taxed. There is also mutiplw ways to defer taxes such as on a retirement fund you can defer taxes now and then pay when you remove money, or you can pay taxes now and not pay taxes on it later. So again it is you that doesn't know what their talking about.

Whats your point, it still backed what I said. Your just now playing the word game of when you received the stock. Your predictable, so no I'm not even going to play that game with you. Your articles backed my initial statement, and proved you wrong plain and simple, don't even try to back out of what you said now.
65dart is offline  
Reply With Quote
Old 04-26-2017, 06:30 AM   #53
billxl883
Why don't I have a Custom Title by now?
 
billxl883's Avatar
 
Join Date: Mar 2006
Posts: 2,955
Casino Cash: $5278
My Mood:
Rep Power: 10
Avg Rep Per Post: 3.94
billxl883 has a reputation beyond repute (11656 total rep)
billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)
Default

Quote:
Originally Posted by 65daft
I'm not denying anything I said what type of tax are we talking about I know your going to say something along the line of payroll tax, but if we are talking about alternate forms of payment then there will be alternate forms of taxing, such as being taxed on receiving a motor home is much different than the manner in which a retirement fund would be taxed.
You're losing your sanity buddy. The only tax we're talking about is income tax, that's been obvious from the start. You started this with the example of a CEO making $1,000,000/year. At that income level all the other tax obligations have been met and the only incremental tax he would have is income tax. We've already agreed that a generous retirement plan is a way to defer taxes, an employer/employee could reduce current year income in exchange for a pension. But that pension, when received, is taxed at ordinary income rates, as would a motor home received now.



Quote:
Originally Posted by 65daft
There is also mutiplw ways to defer taxes such as on a retirement fund you can defer taxes now and then pay when you remove money, or you can pay taxes now and not pay taxes on it later. So again it is you that doesn't know what their talking about.
When did I ever say anything different than that? Nice try at creating a straw man.




Quote:
Originally Posted by 65daft
Whats your point, it still backed what I said. Your just now playing the word game of when you received the stock. Your predictable, so no I'm not even going to play that game with you. Your articles backed my initial statement, and proved you wrong plain and simple, don't even try to back out of what you said now.
Here's the quote from the Fairmark link again, But this time I've included the example that they also gave. It is written so simply that even you should be able to understand it. If you don't then you can't be helped.
Quote:
Originally Posted by Fairmark link
If your stock is vested when you receive it, you have to report compensation income equal to the value of the stock on the date of the grant or award. That's true even if you don't sell the stock, so you haven't received any cash.

Example: Your employer awards you 250 shares of stock worth $40 each. On your income tax return for that year you must report $10,000 of compensation income because of this award.
__________________
Trained by experts in the art of hiding dead bodies.
billxl883 is offline  
Reply With Quote
Old 04-26-2017, 07:14 AM   #54
65dart
Why don't I have a Custom Title by now?
 
Join Date: May 2008
Posts: 6,544
Casino Cash: $10285
Rep Power: 10
Avg Rep Per Post: 2.04
65dart has a reputation beyond repute (13328 total rep)x2
65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)
Default

Quote:
Originally Posted by billxl883
You're losing your sanity buddy. The only tax we're talking about is income tax, that's been obvious from the start. You started this with the example of a CEO making $1,000,000/year. At that income level all the other tax obligations have been met and the only incremental tax he would have is income tax. We've already agreed that a generous retirement plan is a way to defer taxes, an employer/employee could reduce current year income in exchange for a pension. But that pension, when received, is taxed at ordinary income rates, as would a motor home received now.



Quote:
Originally Posted by 65daft
There is also mutiplw ways to defer taxes such as on a retirement fund you can defer taxes now and then pay when you remove money, or you can pay taxes now and not pay taxes on it later. So again it is you that doesn't know what their talking about.
When did I ever say anything different than that? Nice try at creating a straw man.




Quote:
Originally Posted by 65daft
Whats your point, it still backed what I said. Your just now playing the word game of when you received the stock. Your predictable, so no I'm not even going to play that game with you. Your articles backed my initial statement, and proved you wrong plain and simple, don't even try to back out of what you said now.
Here's the quote from the Fairmark link again, But this time I've included the example that they also gave. It is written so simply that even you should be able to understand it. If you don't then you can't be helped.
Quote:
Originally Posted by Fairmark link
If your stock is vested when you receive it, you have to report compensation income equal to the value of the stock on the date of the grant or award. That's true even if you don't sell the stock, so you haven't received any cash.

Example: Your employer awards you 250 shares of stock worth $40 each. On your income tax return for that year you must report $10,000 of compensation income because of this award.


You say I'm losing my sanity, but then agree with me in your next statement. So your contradicting yourself. By the way yes we are talking about income tax, but not all income is taxed in the same manner, so again your wrong.

Good try, take one excerpt from the article in no way makes you correct. There is much more to that article. The other parts of that article show my initial statement was true. So after you got done calling me liar, you then post an article that shows me to be correct, then you got the nerve to cherry pick the article in attempt to back out on your BS. What a joke.
65dart is offline  
Reply With Quote
Old 04-27-2017, 05:17 AM   #55
billxl883
Why don't I have a Custom Title by now?
 
billxl883's Avatar
 
Join Date: Mar 2006
Posts: 2,955
Casino Cash: $5278
My Mood:
Rep Power: 10
Avg Rep Per Post: 3.94
billxl883 has a reputation beyond repute (11656 total rep)
billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)
Default

Quote:
Originally Posted by 65daft
You say I'm losing my sanity, but then agree with me in your next statement. So your contradicting yourself. By the way yes we are talking about income tax, but not all income is taxed in the same manner, so again your wrong.
You said "I know your (sic) going to say something along the line of payroll tax" and I replied "The only tax we're talking about is income tax". How is that agreeing with you? Yup, your sanity's gone.

Quote:
Originally Posted by 65daft
Good try, take one excerpt from the article in no way makes you correct. There is much more to that article. The other parts of that article show my initial statement was true. So after you got done calling me liar, you then post an article that shows me to be correct, then you got the nerve to cherry pick the article in attempt to back out on your BS. What a joke.
Nope, the article does not support what you say. If there is a vesting schedule where not all the stock is immediately vested then tax is not due until it is vested. But that's not the case here. You said the employee could receive stock now and the tax would not be due until the stock was sold. That's not true. What part of "If your stock is vested when you receive it, you have to report compensation income equal to the value of the stock on the date of the grant or award. That's true even if you don't sell the stock, so you haven't received any cash." do you not understand?
__________________
Trained by experts in the art of hiding dead bodies.
billxl883 is offline  
Reply With Quote
Old 04-27-2017, 07:15 AM   #56
65dart
Why don't I have a Custom Title by now?
 
Join Date: May 2008
Posts: 6,544
Casino Cash: $10285
Rep Power: 10
Avg Rep Per Post: 2.04
65dart has a reputation beyond repute (13328 total rep)x2
65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)
Default

Quote:
Originally Posted by billxl883
You said "I know your (sic) going to say something along the line of payroll tax" and I replied "The only tax we're talking about is income tax". How is that agreeing with you? Yup, your sanity's gone.

Quote:
Originally Posted by 65daft
Good try, take one excerpt from the article in no way makes you correct. There is much more to that article. The other parts of that article show my initial statement was true. So after you got done calling me liar, you then post an article that shows me to be correct, then you got the nerve to cherry pick the article in attempt to back out on your BS. What a joke.
Nope, the article does not support what you say. If there is a vesting schedule where not all the stock is immediately vested then tax is not due until it is vested. But that's not the case here. You said the employee could receive stock now and the tax would not be due until the stock was sold. That's not true. What part of "If your stock is vested when you receive it, you have to report compensation income equal to the value of the stock on the date of the grant or award. That's true even if you don't sell the stock, so you haven't received any cash." do you not understand?

Yep your right you can't argue with crazy. Only problem is that it is you bill. You fully agreed with me. But yet some how rationalize it in your head you haven't. So I'll just let you win this one. Because either way your saying what I said so I win either way.

Do you not understand initial statement. I didn't give any details in my initial statement, I just said stocks could be used to defer taxes. I already admitted I misunderstood the details of how it was done. Your going to once again try to cherry pick the part of the story that works for you. If you had known what you were talking about, you would have known stocks could be used to defer taxes, so the rest of the statements I made after my initial statement are null and void, simply because you were wrong right of the gate. So whoopty do I got the deatails wrong. You were completely wrong about the whole thing and that's all that really matters.
65dart is offline  
Reply With Quote
Old 04-28-2017, 03:40 AM   #57
billxl883
Why don't I have a Custom Title by now?
 
billxl883's Avatar
 
Join Date: Mar 2006
Posts: 2,955
Casino Cash: $5278
My Mood:
Rep Power: 10
Avg Rep Per Post: 3.94
billxl883 has a reputation beyond repute (11656 total rep)
billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)billxl883 has a reputation beyond repute (11656 total rep)
Default

Quote:
Originally Posted by 65daft
Yep your right you can't argue with crazy. Only problem is that it is you bill. You fully agreed with me. But yet some how rationalize it in your head you haven't. So I'll just let you win this one. Because either way your saying what I said so I win either way.

Do you not understand initial statement. I didn't give any details in my initial statement, I just said stocks could be used to defer taxes. I already admitted I misunderstood the details of how it was done. Your going to once again try to cherry pick the part of the story that works for you. If you had known what you were talking about, you would have known stocks could be used to defer taxes, so the rest of the statements I made after my initial statement are null and void, simply because you were wrong right of the gate. So whoopty do I got the deatails wrong. You were completely wrong about the whole thing and that's all that really matters.
Well, if you think I agreed with you then you need reading lessons.

And, you're twisting your words to now say that you didn't mean granting an award of stock without a vesting schedule. Typical of you, say something, be shown to be wrong, deny what you said.

We're done here so just post your last "I won" and go away.
__________________
Trained by experts in the art of hiding dead bodies.
billxl883 is offline  
Reply With Quote
Old 04-28-2017, 06:51 AM   #58
65dart
Why don't I have a Custom Title by now?
 
Join Date: May 2008
Posts: 6,544
Casino Cash: $10285
Rep Power: 10
Avg Rep Per Post: 2.04
65dart has a reputation beyond repute (13328 total rep)x2
65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)65dart has a reputation beyond repute (13328 total rep)
Default

Quote:
Originally Posted by billxl883
Quote:
Originally Posted by 65daft
Yep your right you can't argue with crazy. Only problem is that it is you bill. You fully agreed with me. But yet some how rationalize it in your head you haven't. So I'll just let you win this one. Because either way your saying what I said so I win either way.

Do you not understand initial statement. I didn't give any details in my initial statement, I just said stocks could be used to defer taxes. I already admitted I misunderstood the details of how it was done. Your going to once again try to cherry pick the part of the story that works for you. If you had known what you were talking about, you would have known stocks could be used to defer taxes, so the rest of the statements I made after my initial statement are null and void, simply because you were wrong right of the gate. So whoopty do I got the deatails wrong. You were completely wrong about the whole thing and that's all that really matters.
Well, if you think I agreed with you then you need reading lessons.

And, you're twisting your words to now say that you didn't mean granting an award of stock without a vesting schedule. Typical of you, say something, be shown to be wrong, deny what you said.

We're done here so just post your last "I won" and go away.


Sad bill you got so twisted around trying to prove me wrong you didn't even notice you were agreeing with me.

I'm not twisting anything bill. My initial statement didn't give details on any of things I listed on how they defer tax. You said I was wrong about stocks. I wasn't wrong, you are the one now twisting things an attempt to make yourself right, by saying I was referring to a specified stock. But I didn't you know I didn't, so the details are really here nor there, plain and simple I was right you were wrong, and you posted the article to prove yourself wrong, so thank you.

Its ok to admit your wrong bill, it doesn't hurt. So you may be done here because I know I will never hear that admission from you. But hey good luck on that whole tax consulting thing you do.
65dart is offline  
Reply With Quote
Reply
Tags: ,



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Users Who Have Viewed This Thread In The Last 7 Days: 0
There are no names to display.

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump



All times are GMT. The time now is 12:36 PM.

Powered by vBulletin
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.