The Katie Holmes - Tom Cruise story inspired me to look into the tax history of Scientology. All I knew to start was that there was enough Scientology tax litigation to scatter numerous references throughout current tax cases. The volume of recorded decisions, which are the result of a "thirty years war" between IRS and Scientology is impressive. What is most intriguing is how the war ended. There were two major issues. One was whether Scientology organizations qualified for exempt status. [...]
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We all know that leadership is one of the most valuable assets in a business. Yahoo has been struggling to find the right CEO for five years, and the stock has languished as a result.
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This last couple of weeks has been interesting. First there was a Vanity Fair article on Microsoft which pointed to the company’s lost decade and largely blamed Forced Ranking for the firm’s inability to compete. Forced Ranking appears to have come from a practice Jack Welch used to save General Electric and CEOs, like lemmings, implemented this practice widely and that probably contributed more to U.S. industry decline post Ronald Reagan than any other single practice.
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Some 78 million baby boomers are poised to make one of their most important financial decisions of their lives, namely when to take Social Security benefits. Deciding is no picnic. As my recent column indicated, Social Security’s provisions are unbelievably complicated. So, this morning, I said to myself, “Gee, I have a [...]
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Accelerator 500 Startups held its demo day for its fourth batch of companies to pitch to investors Tuesday.
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It’s been a good month for synthetic biology. A few weeks ago, in a great talk (on the concept of “singularities”) given to METal International in Los Angeles, biophysicist Reese Jones showed footage of the world’s first DNA laser printer at work.
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It’s hard enough for any female executive to announce her pregnancy. Will her company be supportive? Will she be viewed as up to the job? It’s that much more difficult, then, when you’ve just been named the surprise CEO pick for a legendary multibillion-dollar company. That’s why new Yahoo CEO Marissa Mayer’s announcement that she’s expecting a baby boy in October will become an instant case study in how to share the news in a classy, professional way. If you’re pregnant, here are three tips you[...]
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With the title of being the “Happiest Place on Earth” it amazing to think that it only took one year to conceptualize and create
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