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Translation Articles
Language and Translation Articles for Translators |
Translators and Money - 2
DEDUCTIONS
The art of paying taxes seems to be the art of paying as little as possible. Deductions are how you reduce your taxable income. The trick is to reduce your gross annual income as much as possible, without breaking any laws, of course (this section assumes that you are a law-abiding citizen).
After you get done with all the obvious deductions, including dependents, interest payments, other such common tricks, you have to ask yourself how to deduct the maximum for your business efforts.
One obvious trick is how to take the deduction. For instance, let's say you buy a new computer in 2000. First, you should consider doing it as late in the year as possible so that you don't have to wait long to get your money back. Then, you have to decide whether to take a straight deduction or depreciate the computer. Since computers lose so much of their value and utility so fast, you probably should take the straight deduction. Then, when you decide to replace it, donate it to a school, church, or other non-profit organization and take the deduction for the donation. If you sell any business equipment, you have to report it and pay taxes on it. The sale also effects your dep... • More »
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• Politeness markers and vulgarity »
Indeed, the Art of Legal Interpreting may be very helpful - How do you feel about saying four-letter words in public? When do you translate bastard as bastard and when do you replace it with a euphemism? Do you retain Yo...
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• Learning and translating English - 1 »
The aim is to minimise the amount of negotiation involved - Communication is basic to all human communities and, according to McEldowney (1990:13), can be broadly defined as the process by which information is exchanged....
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• Learning and translating English - 2 »
Working effectively in very controversial situations - The reader/translator and the text It was implicit in our description of the features of transactional and literary text above that it is the way a whole piece of te...
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• What makes a translator? »
Join the ranks of translators and help unlock the prison of language - The "prison of language is only temporary... somed
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• Life as a Translator - 1 »
When translators have lots of work, they have no time to market... - Few people have any idea what it is that translators do. Some people argue that translators don't actually do anything because they are not creating an...
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• Life as a Translator - 2 »
There are two fundamental rules in the translation profession... - For those of you that dream of translating a great novel or book and living off the royalties, doing so will be extraordinarily difficult. Authors genera...
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