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The Era Of The Drone Has Arrived

first_imgWhy You Love Online Quizzes How to Write a Welcome Email to New Employees? Skycatch’s Christian Sanz, Box’s Aaron Levie, NASA’s Parimal KopardekarDrones are transitioning from military use to big business. So says Aaron Levie, CEO of cloud storage system Box, Wednesday in San Francisco.Levie was joined by Skycatch’s Christian Sanz and NASA’s Parimal Kopardekar for a TechCrunch Disrupt panel aptly titled “Game of Drones.” The trio hit the Disrupt stage followed by a tiny drone with a video camera that panned over the crowd, broadcasting its footage on the hall’s huge screens. The big questions for the drone panel was accessibility of the flying robots, uses, and safety. Given the video feed taken from the panel’s small, mosquito-like drone, many are concerned about what a drone-filled sky means for civilian privacy, not to mention safety.Drones randomly dropping on people’s heads is a possibility that can be mechanically addressed. But the main conundrum is that domestic drone safety standards are fuzzy at best. Levie says that with no precedent to work with, we must look to the government to create specific privacy and safety laws regarding drones. “We see people like Richard Branson and Martha Stewart flying drones,” says Levie. “But these are the flashiest cases, and we’re only seeing the initial use. We’re still in the hobbyist drone phase.”Drones have the ability to collect massive amounts of geographical data, meaning that these robots can aid projects like oil spill cleanups and search and rescue missions. The future is “going to be less about Martha Stewart and more about these scenarios,” Levie says. “If you’re an entrepreneur today, that’s where you should be putting your bets in this space.” Levie also says this change is happening because the ecosystem and public understanding of drones is evolving as well.Drones first had a military connotation, like the Air Force’s unmanned aerial vehicles Predator and Reaper. The highest end use cases then transformed into hobbyist use cases, which have gained traction in the past five years. “It was in that time that cost curve dropped dramatically,” says Levie, “Now drone components make it efficient and cheap for enterprises to augment drones for their own uses and labor. We are now seeing drones in commerce use cases, in public safety, municipality. It is now the era where you will see drones in any types of business.” Images by Selena Larson 7 Types of Video that will Make a Massive Impac… Tags:#Aaron Levie#Box#drones#nasa#skycatch#TechCrunch Disrupt center_img stephanie ellen chan Related Posts Growing Phone Scams: 5 Tips To Avoidlast_img read more

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Heads Up AT&T Customers! Another Employee Accessed Your Info

first_imglauren orsini The Rise and Rise of Mobile Payment Technology AT&T said it has fired an employee who gained access to users’ personal information without permission this year. The personal information compromised may include social security numbers and drivers’ licenses. See also: AT&T Has Invented A Way To Charge You Twice For The Same InternetThe telecommunications provider sent a letter to the roughly 1,600 affected users informing them about the breach. Affected users will have any suspicious transactions reversed and will be eligible for a year of free credit monitoring, as has become customary after data breaches. “On behalf of AT&T, please accept my sincere apology for this incident,” Michael Chiarmonte, director of finance billing operations at AT&T, said in the letter. “Simply stated, this is not how we conduct business, and as a result, this individual no longer works for AT&T.” AT&T sent a letter to the Vermont attorney general indicating the company believes the breach took place sometime in August. It is the company’s second insider breach since June. Image by Shane Curcuru Related Posts Tags:#AT&T#Data Breach#security center_img Role of Mobile App Analytics In-App Engagement What it Takes to Build a Highly Secure FinTech … Why IoT Apps are Eating Device Interfaceslast_img read more

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Wearable Technology Is Sensing Technology

first_imgYou Think Your Employees WANT to Wear That Devi… 4 Ways Big Data & VR Are Changing Professi… ReadWrite Sponsors This post is sponsored by StretchSense. It reflects the views of the sponsor, not ReadWrite’s editors.Smart wearables require sensors that are small and able to move with the human body without restricting natural movement. They need to be able to receive information, process it and relay it back to the wearer in a way that is meaningful and useful. The main challenge in creating sensors that can make these measurements lies in the nature of the body itself. The human body is a soft structure, and many of the objects that people interact with everyday—such as clothing, shoes, and furniture—are also soft. The human body is mobile; it can bend, stretch, twist, and be squashed, and there is a real need for sensors that can accurately measure complex body movements in an unobtrusive way.StretchSense has solved this problem by developing wireless stretch, bend, pressure, and shear sensors that are made of soft materials. The basic StretchSense sensor is made of a soft material (such as fabric or silicone) connected to a Bluetooth circuit and a battery. As a wearer moves, the sensor stretches with the movement and transmits motion information to a Bluetooth enabled device. By providing realtime feedback on a wearer’s motion, posture, or technique, StretchSense sensors are becoming increasingly important in providing better healthcare, sports training and gaming experiences. The opportunities afforded by smart, soft sensor technologies are limitless.For more information, visit StretchSense on the Web or see our Expo Stage presentation at Wearable World Congress.This post is sponsored by StretchSense. It reflects the views of the sponsor, not ReadWrite’s editors. How Wearables Will Take Health Monitoring to th…center_img Tags:#sponsored posts#StretchSense Related Posts The Key to Mass Adoption of Wearableslast_img read more

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Steve Jobs’ Advice To Mark Zuckerberg May Have Saved Facebook

first_imgAI Will Empower Leaders, Not Replace Them How to Cultivate the Skill of Being a Creative … This post appears courtesy of the Ferenstein Wire, a syndicated news service. Publishing partners may edit posts. For inquiries, please email author and publisher Gregory Ferenstein.During a town hall event with India’s Prime Minister Narendra Modi, Mark Zuckerberg revealed a new historical fact about one of Silicon Valley’s most valued companies: Apparently, legendary Apple cofounder Steve Jobs stepped in with a small, but potentially pivotal piece of advice, right at the moment when Zuckerberg needed it most. See also: LinkedIn Cofounder Wants To Teach You How To “Blitzscale” Your CompanyIn Facebook’s early days as a struggling company, when the young entrepreneur was fielding buyout offers amidst tough competition, Jobs shared his story about experiencing a life-changing spiritual moment of reflection. He recommended that Zuckerberg visit the same temple in India. The trip wound up shaping the Facebook leader’s vision for his social network. Mark Zuckerberg at Facebook’s F8 developers conference“Having the opportunity to feel how much better the world could be if everyone had a stronger ability to connect, reinforced for me the importance of what we were doing,” Zuckerberg explained. “That’s something I’ve always remembered as we built Facebook.” He clearly never sold his company, and today, the experience likely informs Facebook’s Internet.org initiative—which was the purpose of his recent conversation with India’s prime minister, Narendra Modi. (Although the CEO likely has numerous reasons for making sure the world’s citizens can connect and, obviously, share.) Zuckerberg’s tale is all too easy to believe. Walter Isaacson’s biography recounts Jobs’ extensive world travels and spiritual experimentation. The late tech luminary was a huge fan of creative exploration; he once said of long-time competitor Bill Gates, “He’d be a broader guy if he had dropped acid once or gone off to an ashram when he was younger.” *For more stories like this, subscribe to the Ferenstein Wire newsletter here. How Connected Communities Can Bolster Your Busi… gregory ferensteincenter_img Tags:#Facebook#India#internet.org#Mark Zuckerberg#Steve Jobs How to Meet the Demands of the Socially Conscio… Related Posts last_img read more

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Gartner warns of coming IoT data management overload

first_imgRelated Posts What it Takes to Build a Highly Secure FinTech … Follow the Puck The growth of Internet of Things (IoT) is rapidly increasing the amount of data generated, and industry experts warn that the current river of unstructured data will soon turn into a flood. Alarmingly, a recent study highlighted concerns that most proposed approaches could lead to data management overload ineffective for the coming torrent of data.Enterprise Tech cited a recent Gartner report that examined the impact IoT will have on enterprise infrastructure. The report warned that “due to a lack of information capabilities adapted for the IoT” an estimated 25% of attempts to utilize IoT data will be abandoned before deployment ever occurs.Gartner cautions that IoT specialists who are tasked with IoT strategies and managing data governance, “are not prepared for the information-related implications of the Internet of Things.”“The IoT will challenge their capabilities, skills, processes and tools with complexity and scale, as well as new governance implications,” said Gartner which predicted information management must become a core competency in the future.Capabilities to handle data management overload are keyGartner identified a key IoT requirement in the future will be data management capabilities. Specifically, it highlights the need for an ability to manage distributed data architectures that execute governance processes while simultaneously supporting analytics.With its expectation that 25% of IoT implementations will be abandoned in the early stages, the report recommends using an “information capabilities framework” as a template for enterprises struggling with the surge in data. This approach begins by assessing the information value through metadata analysis, and then data governance rules are applied. After this, the data can be sifted and integrated into the larger enterprise system.A major challenge for IoT data manages will be reconsidering organizational storage capacity, and analyzing the conditions that users will access the IoT data.The report warns that the flood of unstructured IoT information will soon overwhelm existing data storage capacity and that existing storage can only be expanded so much.“A limited ability to cost-effectively scale existing storage approaches will create a bottleneck,” said Gartner.A major data management rethink is neededThe report also urged IT managers to rethink the traditional centralized data collection approach, due to the highly dispersed nature of IoT data generation and consumption.“With the highly distributed architectures required for most IoT solutions (many things, many places where data is generated, many platforms on which data is processed, and many consumption points to which data must be delivered), the historical approach to centralized collection of data is under pressure. Organizations must support a more distributed data architecture, because IoT solutions are inherently distributed.” Why IoT Apps are Eating Device Interfacescenter_img Donal Power Tags:#data management#data security#Gartner How Myia Health’s Partnership with Mercy Virtua…last_img read more

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This is the highway you will be driving on in 20 years

first_img5 Ways IoT can Help to Reduce Automatic Vehicle… IT Trends of the Future That Are Worth Paying A… Tags:#featured#Internet of Things#IoT#KAIST#solar#top Break the Mold with Real-World Logistics AI and… Related Posts center_img For Self-Driving Systems, Infrastructure and In… Imagine driving on the highway in your self-driving car. You are reading emails on your phone while your car suddenly slows down. You look out the window, and ”Warning! Rockslide in 1,000 feet” is written in LED lights on the road. The connected cars immediately change lane as the LED lane markings changes.This is the future prospect of our highways. “Smart highways” is a term for incorporating different technologies into roads for both generating electricity from solar power, and improving the operations of self-driving cars. Three key technologies for smart highways are Solar Roadways, wireless charging and intelligent transportation systems.A solar highway?The US is covered by more than 31,000 square miles of asphalt exposed to the sun. Imagine covering all of this asphalt with solar panels. One mile of highway can generate energy for 80 houses. 31,000 square miles of solar panels can generate three times the electricity of the US consumption.Solar Roadways  has developed roadways consisting of hexagonal, connected solar panels. To avoid destroying solar cells by painting highway lanes, LED road markers are fitted to the solar panels. By using LEDs, direct messages can be sent to drivers in a certain area, and the lane markings can change immediately if an accident occurs. Low energy heating implemented in the Solar Roadways can reduce the number of accidents occurred by slippery roads, as the temperature on the surface will stay above 32 °F.Missouri’s Department of Transportation has announced plans to build the first public solar powered sidewalk along Route 66.Wireless ChargingThe researchers at KAIST (Korea Advanced Institute of Science and Technology) have developed technology to charge electric vehicles while driving. Electric circuits are built into roads to generate electromagnetic fields, picked up by a coil in the vehicles and converted into electricity. The induction technology provides wireless charging, and allows the battery to be reduced by 80 percent.Solar Roadways has announced ongoing consultations with companies developing wireless charging technology. Solar Roadways has announced that at least one of their partners has tested successfully at 75 mph.Intelligent transportation systemsBy 2050, about 86 percent of people in developed countries are expected to live in urban areas, and the number of cars is expected to double. Intelligent Transportation Systems are designed to meet the future challenges of transportation. The systems will increase the efficiency on the roads by using sensors and wireless communication between the self-driving cars.Intelligent Transportation Systems increases the cooperation between self-driving cars. To optimize the traffic, cars can change line automatically, and speed limits can change simultaneously. Collision avoidance systems will prevent the cars from crashing, and emergency systems are fitted to optimize traffic if an accident occurs. Caroline Myrlandlast_img read more

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Proxy dumps office key cards for a simpler way

first_imgProxy, a San Francisco-based startup, wants to kill the key card and replace it with a mobile app that can access all sorts of devices.To start off, Proxy has launched a pilot for offices. A technician installs a maximum of two Bluetooth sensors (for the pilot), and from there an account manager can set up accounts for employees and rules.See Also: Who are the startups upgrading the auto industry?When walking towards the door, the Bluetooth sensor will automatically recognize an employee and unlock the door. An account manager can also set up guest accounts for interns or temporary staff.Most employees bring their phone to work, so it shouldn’t be hard for businesses to deploy Proxy’s sensors in the office. In the next tier stages (coming soon), Proxy will add additional security measures to the app, like two-factor authentication and private cloud services.In the future, Proxy could be used for more than office doors. Users could connect any IoT device to the sensor, removing the need to sign-in to a specific IoT device to make changes.Some IoT devices already use Bluetooth to recognize a specific person inside the house. Nest’s smart thermostat recognizes when a member of the house enters or leaves, and adjusts the temperature accordingly.Co-founders Denis Mars and Simon Ratner have been working on Proxy for over a year and have already seen a lot of interest in the Bay Area. Twenty companies have reportedly signed up, according to TechCrunch.The first also recently raised $1.6 million from Y Combinator and Blackbird Ventures. It was part of the most recent Y Combinator accelerator, which provides funding and support to tech startups. Tags:#Bluetooth#Internet of Things#IoT#key cards#mobile#Proxy David Curry Why IoT Apps are Eating Device Interfaces What it Takes to Build a Highly Secure FinTech …center_img How Myia Health’s Partnership with Mercy Virtua… Related Posts Follow the Pucklast_img read more

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Xerox beacon technology brings retail to commuters

first_imgCate Lawrence Follow the Puck Tags:#Beacons#Go Denver#Go LA#Internet of Things#IoT#PARC#Xerox How Myia Health’s Partnership with Mercy Virtua… What it Takes to Build a Highly Secure FinTech …center_img Related Posts Why IoT Apps are Eating Device Interfaces The Shop and Ride beacon and app system, powered by Xerox, is promising to deliver personalized, hyperlocal, mobile offers to transit riders based on their preferences and travel patterns. Beacon technology placed in local bus shelters and at merchant sites communicates with the app so users are notified of existing offers in the area or at a particular store. With a single touch, riders can save a coupon to redeem it immediately or at a later time.See also: Freckle beacons want you to get your ESPN onMerchants also benefit from the app. They share two mobile offers per week with Shop and Ride app users. Xerox provides the merchants with real-time tracking of deal conversions and anonymized data – such as the number of users who save, open and redeem the coupons. This allows merchants to make data-driven decisions based on which offers resonate most with consumers.The app grew out of research conducted at Xerox’s storied R&D facility PARC, working in concert with other Xerox innovation efforts helping transportation customers integrate mobile technology into their offerings. Shop and Ride joins other Xerox urban mobility projects being deployed around the world. Earlier this year, Xerox launched Go LA, Go Denver and recently Go Bangalore to encourage multimodal transportation. These apps capture all available transportation options in the city and compute the shortest, cheapest and most sustainable ways to reach a commuter’s destination. Belying their office product and photocopying history, Xerox is also a leading provider of transportation technology services worldwide, including tolling, parking, mass transit and photo enforcement services, supporting governments in more than 30 countries.Beacons are becoming routine for retailGerman lottery operator Westdeutsche Lotterie (WestLotto) is piloting a Bluetooth Low Energy (BLE) beacon solution to attract consumers into 60 outlets at which they can buy lottery tickets. The system, provided by Berlin-based technology company Sensorberg, delivers coupons and other location-based content to WestLotto app users, and then tracks whether those individuals enter stores and make purchases based on those offers.As well, South Korea’s YAP is looking westward to expand after conquering Vietnam and China, with a beacon network aimed at storefront retailers.last_img read more

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Ways and Means Committee Examines Rising Premiums, Tax Consequences Under PPACA

first_imgCCH Tax Day ReportThe House Ways and Means Committee held a hearing on July 12 examining the increase in premiums for health insurance plans offered in the Health Insurance Marketplace. The Patient Protection and Affordable Care Act (PPACA) (P.L. 111-148) created the Marketplace (sometimes called an “Exchange”). Individuals who obtain coverage through the Marketplace may qualify for the Code Sec. 36B premium assistance tax credit to help offset the cost of premiums.PPACA “taxes and fees cost more than inpatient spending,” Joel C. White, president, Council for Affordable Health Coverage (CAHC), testified. According to White, healthcare premiums are increasing about three times faster than wages. Health insurance taxes should be repealed because the costs pass on to the consumer by way of higher premiums, he added.Objective analysts have found that the individual mandate tax penalty is not achieving its intended result of having younger, healthier individuals purchase a health plan through the Marketplace, according to Christopher E. Condeluci, principal, CC Law & Polich PLLC, and former counsel to the Senate Finance Committee. Rather than buying a healthcare plan that an individual cannot afford, “instead, they are choosing to pay a stiff tax penalty,” Ways and Means Chairman Kevin Brady, R-Tex., said during opening statements.“Congress has enacted 24 changes to the Affordable Care Act since its enactment, most of them in a bipartisan manner,” White testified. Among those changes, “Congress enacted a moratorium on collection of the health insurance tax, which is expected to lower premiums by 1-to3-percent in 2017,” White said.“It is absolutely an imperfect market today, but it is a vastly improved one, yet it still needs to be improved upon,” Peter Lee, executive director of Covered California, said. Neither of the four expert witnesses advocated repealing the PPACA when asked by lawmakers, but all agreed adjustments and improvement are needed.By Jessica Jeane, Wolters Kluwer News StaffWays and Means Press Release: Brady Opening Statement: Rising Health Insurance Premiums Under the Affordable Care ActTestimony of Joel C. White, President, Council for Affordable Health CoverageTestimony of Christopher E. Condeluci, Esq., Principal and Sole Shareholder, CC Law & Policy PLLCWritten Statement for the Record of Thomas M. Harte, President of Landmark Benefits, Representing the National Association of Health UnderwritersWritten Testimony Submitted by: Peter V. Lee, Executive Director, Covered Californialast_img read more

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Arkansas ~ Corporate, Personal Income Taxes: Bill Would Update IRC Conformity for Depreciation

first_imgCCH Tax Day ReportThe Arkansas State Legislature has passed a bill that would, if enacted, update the Internal Revenue Code conformity for corporate and personal income tax purposes for depreciation. The bill would adopt IRC §§167 and 168(a)-(j) as in effect on January 1, 2017 (currently, January 1, 2015), for property purchased in tax years beginning after 2014. The bill would be effective for tax years beginning on or after January 1, 2015. Also, the bill would update the IRC conformity date for other code sections.hb1390introducedH.B. 1390, as introduced by the Arkansas House of Representatives on January 30, 2017.last_img read more

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Administration Posts Unified Agenda of Regulatory and Deregulatory Actions

first_imgThe White House has posted online an updated Unified Agenda of Regulatory and Deregulatory Actions. The Unified Agenda identifies various actions that federal agencies intend to take on regulations, the administration explained. A number of tax regulations appear on the long-range list and inactive list.Shortly after taking office, President Trump signed Executive Order 13771, Reducing Regulation and Controlling Regulatory Costs (TAXDAY, 2017/02/01, W.1). In April, Trump signed Executive Order 13789, Identifying and Reducing Tax Regulatory Burdens (TAXDAY, 2017/04/24, W.1).According to the White House Office of Management and Budget (OMB), federal agencies have reconsidered 391 active actions. Overall, federal agencies have reclassified 282 active actions as long-term, and 109 as inactive, OMB reported.On the long-term list are Treasury and IRS guidance projects addressing exchange of property for an annuity, prepaid forward contracts, low-income taxpayer clinics, guidance for tax-exempt organizations on political campaign intervention, and definition of political subdivision.Some Treasury and IRS guidance projects also appear on the inactive list. These include guidance projects on the recomputation of life insurance reserves, coordination of United States and certain possessions income taxes, contingent fees under Circular 230, and infrastructure improvements.“When the president came into office, he gave me some pretty specific instructions,” OMB Director Mick Mulvaney told reporters at a press conference in Washington, D.C. “You cannot put out a new reg until you get two old regs off the books. That is our two-for-one policy.”By George L. Yaksick, Jr., Wolters Kluwer News StaffInactive RINs 2017 Agenda Updatelast_img read more

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Senate, House Unified GOP Tax Reform Bill Expected Friday

first_imgThe House and Senate conference committee is expected to finalize its committee report for signatures by Friday morning, December 15. Bipartisan conferees will have the choice to sign the committee report between 10 a.m. and noon, committee conference chair Kevin Brady, R-Tex., told reporters on December 14. The text of the unified GOP tax reform bill is expected to be released after the conference report is signed.GOP SupportThe 29-member bipartisan conference committee requires only a majority of Senate and House signatures to finalize the committee report. Republicans alone have enough signatures to approve the committee report without Democratic support. Thus, floor votes are expected next week in the Senate and House.However, Sen. Marco Rubio, R-Fla., may throw an unexpected curve ball toward GOP leadership’s plans. He announced on December 14 that he will not support the tax bill without a larger increase to the child tax credit. Other key votes that remain uncertain include Sens. Bob Corker, R-Tenn., and Mike Lee, R-Utah. Senate Republicans, holding a slim majority, can only afford to lose two GOP votes.“Tax negotiators didn’t have much trouble finding a way to lower the top tax bracket and to start the corporate tax cut a year early. Adding at least a few hundred dollars in refundable cuts for working families that seem to always be forgotten isn’t hard to do either,” Rubio said in a tweet.White HouseAccording to White House Press Secretary Sarah Huckabee Sanders, Rubio should be pleased with the progress already made on the child tax credit front. “We’re really proud of the work that we’ve done already up until this point with Senator Rubio, already doubling the Child Tax Credit, taking it to $2,000 per child,” Sanders told reporters in a December 14 press briefing. “We’re going to continue working with the senator. But we think we’ve made great strides and, frankly, pretty historic movement in terms of the child tax credit.”HighlightsCertain provisions of the tax bill expected to be unveiled on December 15 looked even more likely on the evening of December 14. However, any of these may be revised until the final conference committee report is signed. The provisions most likely to be in the unified GOP tax bill include:The corporate rate would be cut to 21 percent, beginning in 2018;The top individual tax rate is expected to fall to 37 percent;A 20 percent deduction would be available for passthrough income;A $750,000 cap, lowered from the current $1 million, would be applicable to the mortgage interest deduction;The state and local tax (SALT) deduction would be repealed, except for property taxes, which would be allowed up to $10,000.By Jessica Jeane, Wolters Kluwer News StaffLogin to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more

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Ohio Nexus Guidance Updated

first_imgOhio has updated the income tax information release discussing nexus standards and filing safe harbors for individuals. Specifically, it contains updated law citations and links to Ohio websites.Nexus Guidance CoverageThe information release covers:nexus;safe harbor provisions; andthe voluntary disclosure program for nonresidents.Income Tax – Information Release IT 2001-01 – Nexus Standards & Filing Safe Harbors for Individuals, Ohio Department of Taxation, February 15, 2018, ¶404-700Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more

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U.S. Citizen Was Bona Fide U.S. Virgin Islands Resident for Two of Three Years (Sanders Est., TCM)

first_imgA U.S. citizen was a bona fide U.S. Virgin Islands resident for two of three tax years at issue. For those two years, the individual had the intent, physical presence, social relationships, and personal representations to show that he was a bona fide resident.Activities in the U.S. Virgin IslandsThe individual built his own company to manufacture and distribute surge suppression devices. The company was located in Florida. His attorney and other individuals formed a company in the Virgin Islands to take advantage of certain economic incentives offered by the Virgin Islands. Then, they asked the taxpayer to join their business as a consultant and limited partner. The individual’s employment agreement required that he become a Virgin Islands resident. For the three years at issue, on the advice of his accountant and his attorney, the individual filed tax returns with the Virgin Islands Bureau of Internal Revenue (VIBIR). But, he did not file any returns with the IRS.The IRS prepared substitute returns for the individual. Then, it issued him a notice of deficiency for the years at issue. The IRS determined that:the individual was not a Virgin Islands resident;all transactions between the individual and the Virgin Islands company lacked economic substance;the individual could not exclude his gross income; andthe individual had to file returns with the IRS andhe was liable for penalties.Bona Fide U.S. Virgin Islands ResidentA bona fide resident of the U.S. Virgin Islands must file income tax returns with the U.S. Virgin Islands tax authorities. A bona fide resident does not report gross income to the IRS as long as:he properly reports all income;he identifies the source of the income; andhe pays the tax.The tax code generally defines a “bona fide resident” as a person who:is present for at least 183 days during the tax year in the Virgin Islands;does not have a tax home outside the Virgin Islands during the tax year anddoes not have a closer connection to the U.S. or a foreign country than to the possession.However, this definition of “bona fide resident” did not apply to the tax years at issue in this case. Instead, the court analyzed four broad categories to determine whether the taxpayer was a bona fide resident:the taxpayer’s intent;his physical presence;his social, family, and professional relationships; andthe taxpayer’s own representations.Bona Fide Resident for Two of Three YearsFor the first of the three tax years, the individual was not a bona fide resident of the Virgin Islands. He was in the Virgin Islands for eight days over the course of three visits. He did not have a permanent residence at the end of the tax year. In addition, he did not spend enough time in the Virgin Islands to establish social connections.For the second tax year, the individual intended to be a resident at the close of the year. His credit card and bank transaction history placed him in the Virgin Islands for 50 days, and in Florida for 149 days. At the end of the year he was present in the Virgin Islands for 11 days and in Florida for seven days.However, the individual had a Virgin Islands driver’s license and a residence to which he financially contributed. In addition, he worked for his businesses while he was in the Virgin Islands. He had a consistent physical presence in the Virgin Islands during the year. And, his family was a part of his life there.For the third tax year, the individual’s credit card and bank transaction history placed him in the Virgin Islands for 77 days, but in Florida for 99 days. However, he was in the Virgin Islands for a part of each of 10 of the 12 months of the year.Also, the individual spent more time in the Virgin Islands and less time in Florida during that year than the previous year. Therefore, based on the totality of the circumstances, the individual was more than a “transient” or a “sojourner” for the third tax year.T.L. Sanders Est., TC Memo. 2018-104, Dec. 61,215(M) Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more

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Vermont Governor Proposes Tax Cuts, Increased Credits

first_imgIn his budget address, Vermont Gov. Phil Scott proposed to:– eliminate the personal income tax on military retirement pensions by the end of the 2020 legislative session;– increase the downtown and historic credits against corporate and personal income taxes;– eliminate the land gains tax; and– impose a tobacco products tax on e-cigarettes and vape products.Tax System ModernizationGov. Scott also proposed to modernize Vermont’s tax system in response to the U.S. Supreme Court’s Wayfair decision. This would improve sales and use tax compliance and avoid property tax increases to fund certain investments.Carbon TaxThe governor noted that he does not support a carbon tax.Budget Address, Vermont Gov. Phil Scott, January 24, 2019Login to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative.last_img read more

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Gaming commission warns about illegal slot machines

first_img(Missourinet) The Missouri Gaming Commission testified Thursday in Jefferson City that the state needs a coordinated effort to stop illegal slot machines.Missouri House Special Interim Committee on Gaming Chairman Rep. Dan Shaul, R-Imperial, speaks on August 22, 2019 in Jefferson City (photo courtesy of Tim Bommel at House Communications)Gaming Commission Executive Director David Grothaus testified before the House Special Interim Committee on Gaming. The issue of illegal slot machines dominated most of the two-hour hearing.“We’re trying to coordinate efforts among law enforcement and prosecutors, trying to educate prosecutors on how to prosecute those cases,” Grothaus says.Illegal slot machines are found in places like bars, restaurants, gas stations and convenience stores. Grothaus tells lawmakers that there’s one pending criminal case in western Missouri’s Platte County, in the Kansas City area.Grothaus tells lawmakers that the Gaming Commission is providing assistance to law enforcement. He says what the state needs “is a very focused effort” on the illegal slot machines.Mr. Grothaus testifies that any illegal gaming machines used in Missouri negatively impact casinos and the state Lottery, reducing taxes and funding for education and veterans. That grabbed the attention of committee chairman State Rep. Dan Shaul, R-Imperial.“These illegal (slot) machines, they’re everywhere,” Shaul tells Grothaus. “And I think it is probably hard to put a number on it, because they continue to grow everyday. I have several of them in my district.”Shaul says the illegal machines “are everywhere” in the state and in his district in eastern Missouri’s Jefferson County. Chairman Shaul tells Grothaus it’s a problem.“Because the people are very clear that they want regulated gaming,” says Shaul. “And they want to make sure when they go to take part in these games that they’re fair.”Shaul tells Missourinet that he doesn’t want to hurt fraternal organizations, emphasizing that he’s a veteran.Chairman Shaul emphasizes that no decisions have been made by the committee, and he describes the hearing as an “educational process.”Meantime, a representative from Missouri’s 13 riverboat casinos also testified, urging the Gaming Commission to shut down all of the illegal slot machines in Missouri. That representative is also calling for criminal prosecutions.The state’s 13 licensed riverboat casinos have a combined total of about 16,000 slot machines, Grothaus testifies.Grothaus also testifies that the Gaming Commission has a memorandum of understanding with the Missouri State Highway Patrol. He says state troopers are stationed on the 13 casinos, and perform duties such as regulatory investigations.last_img read more

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Uber reports more than 3,000 sexual assaults on 2018 rides

first_img(AP) – In a long anticipated safety report, ride-sharing giant Uber says more than 3,000 sexual assaults were reported during its U.S. rides in 2018. That figure includes 235 rapes.The company hailed the report released Thursday as the first of its kind. The company said it provides a look into the traffic deaths, murders and reported sexual assaults that took place during more than one billion annual rides arranged in the U.S. using Uber’s service.Uber and its ride-hailing competitor Lyft have long faced criticism for not doing enough to protect the safety of their riders and drivers.last_img read more

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Provisioning: Hopefully more answers than questions

first_imgFirst, lets cover the different types of provisioning and a brief overview how each of them work. PSK provisioning uses a Pre Shared Key to encrypt the provisioning process. In order for an AMT client to use a Pre Shared Key, however, the MEBx must first be programed with the correct key. This can be done in either one of two ways, manual entry or via a setup.bin file located on a USB thumb drive. Manual entry is just that, a user must access the MEBx and manually type in the characters for the PID and PPS and any other settings that are required in order to get provisioning to work (system name, password change, etc). Once the user saves the changes to the MEBx, AMT starts sending out ‘hello’ packets to the provisioning server to start the provisioning process. This method is the most straight forward but is also the most time consuming, especially when attempting to deploy many systems at the same time. USB thumb drive provisioning shortens the PSK entry process by using a formatted setup.bin file located on a USB thumb drive that can hold many PID/PPS pairs as well as password change information for MEBx. This key is then used on each system as it boots up to load the PSK information into MEBx. When the system boots, ME detects that a setup.bin file is located on the USB key and, if AMT isn’t provisioned already, will prompt the user if they would like to load the provisioning information from the USB key. If the user confirms the request, then ME loads the first available PID/PPS entry into the PSK settings as well as changes the password for MEBx to the password set in the file. ME then marks that entry in the setup.bin file as used and reboots the system. Once rebooted, AMT starts sending out ‘hello’ packets using the PID/PPS pair. This method is better than manual entry, but only barely. This still requires a user to be at the system and to interact with the process. PKI provisioning is split into two different types of provisioning as well, Bare Metal and Agent Based/Delayed provisioning. Bare metal provisioning is where the factory settings in AMT are set at the OEM/System Integrator so that as soon as power and a network connection are applied to the system, then AMT will send out ‘hello’ packets and provisioning starts. If provisioning doesn’t happen right away the provisioning period will continue for 24 hours, sending out ‘hello’ packets at a decreasing rate, after which AMT goes into delayed provisioning mode. This method of provisioning greatly improves the time savings from a deployment aspect by enabling many systems to be provisioned with minimal interaction from deployment personnel. This method works well when using a 3rd party trusted certificate that is natively supported in AMT (Verisign, GoDaddy, etc). Agent based/delayed provisoining is where either the 24 hour provisioning period has expired without a successful provisioning transaction or, due to the AMT version, AMT requires an in-band agent or tool to start the PKI provisioning process. In order to start agent based/delayed provisioning the agent or tool sends a command down through the HECI driver in the host OS and tells AMT to start sending out ‘hello’ packets to the provisioning server. In addition, some basic configuration settings can also be sent to AMT in order to get it ready for provisioning (enable AMT, set PKI provisoining, etc). This method of provisioning tends to be the most reliable. Again this works best when using a 3rd party trusted certificate that is natively supported in AMT but in addition you gain the benefits of having an in-band agent that is able to assist the provisioning process by providing the provision server in-band information that helps keep the out of band aspects of AMT synced with the in-band host OS. Configured correctly, provisioning AMT with the assistance of an in-band agent can make the entire provisioning process hands free for deployment personnel. Lastly, I want to touch on how each of these provisioning processes relates to the different AMT versions. Different versions of AMT support different types of provisioning. AMT 2.0, 2.1, 2.5 only support PSK provisioning. AMT 2.2 and 2.6 support PKI provisioning (as well as PSK) but only agent based PKI provisioning. AMT 3.0 and higher versions of AMT support bare metal PKI provisioning (as well as agent based/delayed PKI and PSK provisioning). A common utility used to accomplish agent based provisioning is the RCT (Remote Configuration Tool).Provisioning is a very complex topic and what I’ve touched on here is really just the tip of the iceburg when it comes to understanding the intricacies involved. I hope I’ve provided more answers than questions, but if there is something you still don’t understand, feel free to comment and I’ll try to clear it up! Thanks,Matt Primrose I’ve been getting quite a few questions recenly regarding provisioning. Many folks are confused when it comes to what type of provisioning works with which versions of AMT and I’m hoping that this post will help to clear up some of that confusion.Currently, there are two types of provisioning, PKI (Protected Key Infrastructure) and PSK (Pre Shared Key). For those who are not familiar with what is involved with these two types of provisioning, PKI involves using a formatted provisioning certificate in order to establish a trust relationship between the AMT client and provisioning server where PSK uses a PID/PPS key pair to establish the trust for provisioning. There is quite a bit of documentation regarding how to setup PKI and PSK provisioning in the deployment documents for AMT, so I won’t go into that detail here. What I’d like to cover here is what are the differences between these types of provisioning and which versions of AMT use which types of provisioning. last_img read more

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IT Managers Refuse to Play in the Playground

first_imgIn the spirit of continuous improvement and site optimization, Intel has decided to begin consolidating communities here within Open Port.  The IT Playground was launched about a year and a half ago and was designed to be a fun zone dedicated to games and funny videos and other entertaining content.There were some really cool rock videos posted for the Hard Rock Soft Rock campaign featuring Christopher Guest of Spinal Tap.  I think this was the only time I ever saw people rocking out to value propositions like “hardware based remote manageability” and “even while the OS sleeps you can make your updates”.  Those songs were really catchy and I found that I couldn’t get them out of my head for a couple of weeks.There were promotions for games like Robobrawl and IT Manager 2 online games.  There were funny PEBKAC (problem exists between keyboard and chair) videos showing typical problems that IT managers face on a daily basis and how those could be resolved with Intel technology.But at the end of the day, there just wasn’t any value created for you – our users.  What have we done?  Well, we still have all that content, but it was merged in with the vPro Expert Center.  The message that we got was that the community just wasn’t being cared for the way it needed to be, so we consolidated so that we can continue to focus on what matters.last_img read more

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What does server refresh and a Boeing 747 have in common?

first_imgIf you’re like me, the impact of any data point in a given new article, business report etc is much greater when it’s put in relative terms – items that we come across in everyday life.Take IT spending trends and how many server refresh plans were delayed due to economic conditions in 2009, and some of the operating cost reduction opportunities left on the table.In a Gartner Research press release last October. “…approximately 1 million servers have had their replacement delayed by a year. That is 3 percent of the global installed base. In 2010, it will be at least 2 million.” (http://www.gartner.com/it/page.jsp?id=1209913)So let’s look at how much power could have been saved in 2009, using the Xeon® ROI Estimator:On March 30th, 2009, we launched the Xeon® 5500 processor, which enables up to a 9:1 refresh consolidation ratio over single-core servers purchased in 2005.  If those 1 million servers were refreshed on day of launch and consolidated on Xeon® 5500 servers (again, at a 9:1 ratio), then the industry could have collectively saved a total of 6.2 BILLION kWh of electricity annually – or the average power output of five (5) Boeing 747s!2009 is behind us, but the business value and power reduction opportunities get even more interesting in 2010.  With the recently-launched Xeon® 5600 processors, the operational cost reduction opportunities are even more compelling, as the performance and energy efficiency improvements enable up to a 15:1 consolidation ratio over single-core servers.  There’s a lot more Boeing 747s out there…What’s your 2010 opportunity?  Check it out for yourself using the updated Xeon® ROI Estimator tool.last_img read more

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