It's Just Business - All Comments

re: Tax Strategy Patents

PHILIP STEINER — Tue, 07 Jun 2011 19:14:27 GMT

This is one perspective. However, the question becomes where do you draw the line on what constitutes "tax strategy patents?"

For example, Intuit produces the well known software Turbotax and Quickbooks. To protect their investment, Intuit has hundreds of patents and patent applications in this field of endeavor. Both of these products include "what if" options to determine tax consequences. As is apparent, it becomes a slippery slope when attempting to define what constitutes patentable subject matter and what should not be included.

In terms of the pending legislation, there are significant changes proposed that could be detrimental to individual inventors and small businesses by changing first to invent to a type of first to file system.

My personal opinion is that the current bill should be scrapped in favor of a simpler bill which actually addresses known problems with the US patent system. As is apparent, I am not a supporter of this legislation as it currently exists.

re: Tax Strategy Patents

Thomas Lebens — Tue, 26 Apr 2011 20:43:27 GMT

We shall see if the House and Senate can agree on something. It has not happened a lot lately. Like most legislation, there is a lot of "stuff" in this bill, in addition to the words addressing patents on tax strategy.

re: SUBSTANTIATING YOUR DEDUCTIONS

Rosa Couto — Thu, 03 Feb 2011 18:18:53 GMT

Thank you for posting this article. It's very useful and important information just in time for tax season.

re: SUBSTANTIATING YOUR DEDUCTIONS

Justin Couto — Thu, 03 Feb 2011 17:56:05 GMT

Excellent! This is the kind of information everyone can use.

re: New Tax Law Summary

Justin Couto — Tue, 11 Jan 2011 05:23:24 GMT

Excellent Post! This is a great summary of what we should expect.

re: New Tax Law Summary

Thomas Lebens — Mon, 03 Jan 2011 17:11:25 GMT

Thanks Eric for this!