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...deductions including those for business expenses ranging from travel and entertainment to home-office and computer costs. But many have no clue what is permitted and what will bring the IRS knocking at their doors. "There are many misconceptions about the tax laws, where people say, 'My neighbor told me I could do this,'" says Jackie Perlman, a tax analyst at H&R Block's Tax Institute. And a wrong or uninformed decision can affect the ultimate success or failure of the new business...

Author: /time Magazine | Title: Jobless Entrepreneurs Face Tax Minefields | 10/16/2009 | See Source »

...various GM vehicles, will have the same capacity as the old V8-engine plant. It will also produce machined block heads and crankshafts. But it will have fewer than 600 production employees. "The productivity improvements have been just tremendous. But that part of the story doesn't get told," says Zuckschwerdt. Instead, Flint has become a symbol of American decline routinely visited by journalists from all over the world. "It's very frustrating," he says. "Our members are proud of what they do. Every one of us [in the union] wants General Motors to thrive," Zuckschwerdt says...

Author: /time Magazine | Title: Flint, Michigan: Electric Cars Bring Revival Hopes | 10/16/2009 | See Source »

...host of health problems, including Type 2 diabetes, which until recently was primarily a problem seen in adults. Overweight children can also develop insulin resistance, hypertension, high cholesterol, sleep apnea and orthopedic problems and go into early puberty. "Children are vulnerable. If they're given food and told to finish what's on the plate, they'll eat it, and without exercise get bigger and bigger," says Tam Fry, chairman of Britain's Child Growth Foundation, who is lobbying obesity experts to consider overnutrition a form of child abuse. (Read "Mother's Obesity Raises Risk of Birth Defects...

Author: /time Magazine | Title: Should Parents of Obese Kids Lose Custody? | 10/16/2009 | See Source »

...Gray's son, had difficulty finding a weight-loss program for which he wasn't over the cutoff weight. Gray's lawyer, Grant Varner, says she had been unable to find any programs in South Carolina that could handle her son. Even programs dealing with morbidly obese kids reportedly told her that he was beyond their maximum weight. (See the video "Heavy Mexico...

Author: /time Magazine | Title: Should Parents of Obese Kids Lose Custody? | 10/16/2009 | See Source »

...influence of Brussels; many Conservatives also feel personal animus toward the politician whose success consigned them to the wilderness for so long. "Having President Blair would put us in a state of permanent warfare if we won the election. I cannot stress how serious this is," a Tory source told Britain's Daily Telegraph newspaper...

Author: /time Magazine | Title: Opposition Grows to Tony Blair's Bid for E.U. President | 10/15/2009 | See Source »

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