Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/12/84; site desint.UUCP Path: utzoo!utcs!lsuc!pesnta!pertec!scgvaxd!trwrb!desint!geoff From: geoff@desint.UUCP (Geoff Kuenning) Newsgroups: net.legal,net.philosophy Subject: Re: Abuse of social contracts. Message-ID: <339@desint.UUCP> Date: Thu, 14-Feb-85 04:36:24 EST Article-I.D.: desint.339 Posted: Thu Feb 14 04:36:24 1985 Date-Received: Sat, 16-Feb-85 01:39:43 EST References: <2748@dartvax.UUCP> Distribution: net Organization: his home computer, Manhattan Beach, CA Lines: 67 Xref: utcs net.legal:1413 net.philosophy:1410 In article <2748@dartvax.UUCP> karl@dartvax.UUCP (Karl Berry.) writes: >I recently found a strange advertisement in my mailbox, from an outfit >called Boardroom Books. They wanted to sell me The Book of Inside >Information, for a substantial [in their eyes] discount. The advertisement >starts: > >WHAT CREDIT CARD COMPANIES DON'T TELL YOU. PAGE 10. [etc] Boardroom Books is an offshoot of a newsletter called Boardroom Reports, which I have subscribed to for years. Basically, it is a series of one-paragraph tidbits mixed with a few two-page articles, all on the basic subject of business (though they divert to anything that might interest the executive, including medicine and tennis). ALL of their books, as far as I can tell, are simply collections of the tidbit parts of their newsletters. I find their information to be useful in the newsletter, though you have to take it with a bit of a grain of salt and possibly some moral filtering. I have quit buying their books because I don't read them and don't refer to them. Most of their "secrets" are not very earthshaking, and are not not necessarily as immoral as they sound when you find them out. For instance: "How to deduct...medical bills paid for non-dependent." Well, it turns out that there are IRS rules for handling such things as splitting Mom's medical bills with your siblings, none of whom pays 50% of Mom's medical bills or support (the normal IRS test). The IRS allows you to shuffle your finances so that one of the siblings gets to deduct all of the bills and split the take with the rest. Not very exciting, and not at all immoral -- it's precisely what the IRS set that particular rule for. "Legal ways to take tax deduction for full cost of trip mixing business and pleasure." The IRS allows you to deduct the full cost of transportation if more than 50% of the time was spent on business (you can never deduct the cost of the pleasure days). The loophole is that travel time is considered as business time. So, if you are going to a European conference, you can take the boat one way (which takes 5 days or so), spend 3 days at a conference, fly back in 1 day, and still be able to spend up to 8 days gallivanting around Europe without losing your expensive travel deduction. This is an example of some of the shadier morality of Boardroom. It's perfectly legal within the IRS rules, but it's obviously circumventing their intent. I have posted a few sample excerpts from "The Book of Business Knowledge" (another Boardroom Book) below so you can get a flavor of what these books are like: "MAKING A GOOD TELEPHONE IMPRESSION: Tape some telephone conversations and note how many "ahs," "ers," and "ya knows" are said. Try to eliminate these verbal pauses. Speak in sentences or complete phrases. Then be silent when pausing or thinking. IN conversations without these hesitations and sounds, callers will receive a more positive image." (p. 64) HOW TO BUY CAVIAR [about 30 lines]...BUYING A PIANO [about 15 lines] (p. 234) "SETTING PRICE OF A HOME: Don't rely too heavily on a real estate broker's advice. A broker makes more on quick sales than big ones. A fast commission of $5,000 on a $90,000 sale is much more attractive than $6,000 on a $100,000 sale that takes months to make. Check out brokers carefully before giving an exclusive. Look into prices of recent sales in the community." (p. 315) -- Geoff Kuenning Unix Consultant ...!ihnp4!trwrb!desint!geoff