Word: travel
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...Many budding business owners grow wide-eyed at the prospect of generous tax 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...
...Volt is scheduled to start production in late 2010 as GM's first extended-range electric vehicle, which can travel up to 40 miles on electricity from a single battery charge, while the Flint-built engine will serve as a backup generator that extends the car's range to about 300 miles. (See 10 milestones on the road to GM's bankruptcy...
...before returning to earth some 50 miles (80 km) from his home. Thankfully, Falcon was discovered hours later, reportedly hiding in a box in the family's attic. While his ill-advised adventure never really got off the ground, there is a rich history of do-it-yourself balloon travel - and many of these voyages do have tragic endings. (Read a Tuned In post about the "Balloon Boy" reality TV connection...
...essential travel tips...
...under a growing shadow of possible prosecution by advocacy groups using the courts in a number of Western countries to press for legal action over the Gaza war - so much so that some senior Israeli figures have reportedly had to factor the prospect of facing arrest into their travel plans. Some reports suggest that nearly 1,000 such lawsuits are pending, making it dangerous for prominent Israelis to travel abroad. Two weeks ago, Barak narrowly avoided arrest on a trip to the U.K. after a court ruled that he was protected by diplomatic immunity...