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Kings New York online Form 5500 - Schedule I: What You Should Know
Now Arthur's job is to prove to the IRS that he has been wronged. A New Journey A young software engineer finds himself in an interesting situation. After working for many years on an application for Amazon.com that was built and maintained, the application is suddenly closed, and all the employees are let go. The program that was designed in Microsoft Excel was written for a Windows platform that no longer exists on computers and can't be supported. The product was very popular and had over two million downloads and has been used by companies all over the world for years. The developer knew this would happen, and he had built multiple versions of the program in Excel to meet the varying requirements of each platform from version to version. The man, who prefers to be called “Joe,” was very unhappy and felt that he had worked his entire life to become a Microsoft programmer. After a lot of digging and research, Joe learned that there is an independent third party company which continues to maintain the program used by its customers with Windows, Excel and the software's legacy format that can only be used for that platform. The legacy format is a proprietary file format developed by that company as a way to make sure that the information in the software is stored logically and can be read by any computer or data storage system. The software Joe had tried to keep up with the changes in Microsoft's platform was now obsolete. “I really, really hate the thought of being forced by the IRS to take this,” says Joe In the end, Joe's personal situation was that his old employer didn't care about him, let alone help him out when he needed it. The company could still use the software, and he didn't want to move to a new company with a new development team who might not be as tech-savvy. Joe's old employer would still want to retain his software as a bargaining chip when negotiating a severance package later on. Joe wanted to move on, but was stuck with the job and the legacy file format. He decided to start his own company for the next software version. He called his original company “Troy” and started his new company in January 2012. Since the software used in the new company is also proprietary, he felt that the company did not have to be taxed as an S Corporation for tax purposes.
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