Feral Jundi

Thursday, December 20, 2012

Cool Stuff: Taxes For Contractors 2012

Filed under: Cool Stuff,Finance — Tags: , , , , — Matt @ 10:00 PM

Here it is folks. Every year Luke Fairfield puts out these excellent letters that detail all the specific tax issues related to our profession for that tax year. So read through it and contact him or his partner Chris if you have any questions.

The stuff to watch out for this year are audits. Like Luke mentioned below, I have heard of more and more audits happening in our industry. The government is looking for any ‘loose change’ and taxes owed, so it pays to get prepared with this stuff. If you do get audited, contact Luke immediately and let him work the problem. I will keep this letter posted in my Taxes For Contractors page up top in the blue bar. –Matt

 

Greetings!

For all you ex-teams, ex-pats, ex special forces, security contractors and operators out there I hope this letter finds you well. In an attempt to keep you current with your tax filings I am sending out this letter as a year-end reminder that 2012 is almost over. There are some very important changes this year that could impact many of you as it relates to the IRS’s new audit interest in the foreign income exclusion. If you read nothing else, read the section below updating you on this topic. As always feel free to pass this email on to anyone in your situation who could use the help or anyone that I missed on this email. As always, I will do my best to minimize your tax bill and provide relevant advice for your situation.

Important Updates for 2012:
1) Audits on the foreign income exclusion have greatly increased. If you worked for Blackwater in 2009 chances are you were audited. Count yourself lucky if you were not as you are in the minority. If you have not heard of a teammate or fellow employee who has been through an audit I would be surprised. These audits have spread from ex-Blackwater employees to nearly anyone filing for the foreign income exclusion. As a result, I would recommend being more cautious in claiming the Foreign Income Exclusion in 2012. After a year of dealing with these audits, the below points stand out as noteworthy and important.
a.It is EXTREMELY important that you contact me in the event that you receive an audit notice. Do not make contact with the auditor for the same reason that you do not file your own tax return. Leave it to professionals with experience dealing with these situations; the results will almost certainly be better with less risk to you.
b.If you filed for the foreign income exclusion under the bona fide residency method and your location was Iraq or Afghanistan, under audit, the IRS will likely take the position that you were not a bona fide resident for tax purposes and will disallow the claim. A residency VISA from your host country is not enough to qualify. Yes, I am quite aware that everyone around you tells you they file as bona fide residents and have never had a problem. To that I can only ask if you have ever been fishing and if you have, did you catch all the fish?

(more…)

Wednesday, December 19, 2012

Industry Talk: Afghanistan Seeks Taxes From Contractors To US

These guys kill me. What part of this bilateral agreement do the Afghans not understand? Here it is again, just to emphasize how stupid this is.

A 2003 bilateral agreement states the U.S. government, “its military and civilian personnel, contractors, and contractor personnel shall not be liable to pay any tax or similar fees assessed within Afghanistan.” A subsequent 2004 Military Technical Agreement also carved out a tax-free status for contractors to the U.S., a view that has been reinforced by U.S. officials in correspondence with Afghan officials.

Not only that, but because of this dumb APPF force, these companies are forced to used government security. I don’t know if the APPF was protecting Contrack International or not during this latest attack, but I do know that according to the business folks in that area, they have been screaming for more security in that area for awhile. It is a logistics hub, and attacks on such sites are part of the Taliban goal of inflicting economic damage.

We will see if the US can press back and protect these companies that are essential to the war effort. I think this quote says it all, if the US cannot square this away.

A person involved in logistics issues said the matter could come to a head if the Afghan government imposes fees or restrictions on cargo that slows the delivery of goods to forward operating bases, or FOBs.
“We’ve been told [by the coalition] to reduce stocks. So they’ll run out of fuel and they’ll go on MREs on some of these FOBs,” the person said, referring to the military’s packaged rations. “And little Johnny’s going to call Mom, and that’s now going to be all over the press.”

We will see how it goes? –Matt

 

 

Afghanistan Seeks Taxes From Contractors to U.S.
By NATHAN HODGE
Afghanistan has launched tax audits of major contractors to the U.S. military, government officials say, in a bid to shore up the country’s finances as the international military presence winds down and reconstruction funds dry up.
In particular, Kabul is focusing on the U.S. military’s main food supplier in Afghanistan, Supreme Foodservice GmbH, alleging that the company and similar logistics firms are abusing their status to illegally bring taxable goods into the country for resale.
Supreme says it isn’t engaging in any commercial activity in Afghanistan that should make it liable for taxes.
Kabul’s move potentially puts the Afghan government at odds with Washington, which has viewed, with limited caveats, materials imported to support the 66,000 U.S. forces here as exempt from taxation and customs fees. Since 2005, the Pentagon spent more than $7.9 billion on its food-supply contract with Supreme alone, awarding the company an additional $1.5 billion extension contract this past summer.

(more…)

Sunday, December 16, 2012

Funny Stuff: A Petition To Build A Death Star By 2016

Filed under: Funny Stuff — Tags: , , , , , — Matt @ 10:25 PM

Now this is funny. But the real kicker is that this petition has the required signatures for the Whitehouse to actually acknowledge the concept (29,341 at this time). So expect some statement in the future from the US government about this proposed Death Star construction. lol I say we better do this quick, or China will steal the idea and get a Death Sun of their own. –Matt

 

Secure resources and funding, and begin construction of a Death Star by 2016.

Those who sign here petition the United States government to secure funding and resources, and begin construction on a Death Star by 2016.

By focusing our defense resources into a space-superiority platform and weapon system such as a Death Star, the government can spur job creation in the fields of construction, engineering, space exploration, and more, and strengthen our national defense.

Sign the petition here.

———————————————————–
Step By Step Guide For The ‘We The People’

1. You Create a Petition

Before you start a petition, take some time to think about your goal. What you want President Obama or the White House to do? Why others should support your cause? This will help you clearly articulate your position and make your petition more effective. You should also check to be sure there isn’t already a petition with the same goal on the site.

Here’s how to create a new petition:

Enter Basic Information Start by entering a short (120 characters or less) headline for the petition by completing the sentence “We believe the Obama Administration should….” Your headline should be clear and compelling and describe the goal of your petition. Next you’ll select up to three issue categories. If you want to add additional information about the topic of your petition, you can do that later by adding tags.

(more…)

Saturday, December 15, 2012

Connecticut: The Sandy Hook Massacre And The Defense

Filed under: Connecticut,Law Enforcement — Tags: , , , , — Matt @ 10:58 PM

My heart goes out to the friends and family of the victims of this horrible incident. These tragedies are just unimaginable and it angers and saddens everyone….everyone.
With that said, my viewpoint on how to stop such incidents or at the least, to minimize the amount of death and destruction that happens during these types of incidents is to not ‘depend’ on someone else for the defense, but to be ready to ‘receive’ the assault. To be prepared.

To have the proper mindset about school or mall or whatever facility defense, I think the words of Sun Tzu ring true.

“The art of war teaches us to rely not on the likelihood of the enemy’s not coming, but on our own readiness to receive him; not on the chance of his not attacking, but rather on the fact that we have made our position unassailable.”

So for the defense, any administrator whom is tasked with evaluating their security protocols should be asking two questions–are we ready for an attack by an active shooter(s) and have we made our position unassailable? And once a plan is in place, that administrator should test the plan and apply Kaizen or continuous improvement to it–to constantly improve their defense.

My other commentary here is that humans are a better defense against active shooters.  A machine can fail–from cameras to ‘security glass’ to alarms. If it is made by a human, it can fail and it can also be defeated by a thinking human intent on destroying that in which you love. Your best defense is a well trained and thinking human, that is ‘backed up’ by all of those security gadgets.

The other point to bring up here is how fast this happened. The shooter in this attack was able to accomplish his goal within several minutes. The only people that could have stopped him would have been the teachers themselves. Because police could not have reached the scene in time. If there was a guard on the campus, he could have stopped the shooter at the entrance–because the security glass certainly did not stop the shooter.

But what if that guard is killed in the initial assault? It will be your teachers and others to step in to do what is right. It is about survival at that point, and a prepared staff is key. Having guards as a stop gap will definitely be optimum. An armed guard can also be intimidating to potential attackers and their plans–which might cause them to go elsewhere.

So hire guards, create an effective plan, and do not allow your facility and people to be victims. RUN/HIDE/FIGHT. Empower your teachers or employees with the knowledge necessary to survive and even defeat this type of attack. Get prepared and protect the most precious resources this country has–it’s people. –Matt

 

 

Sandy Hook massacre: New details, but few answers
By Steve Vogel, Sari Horwitz and David A. Fahrenthold,
December 16, 2012
The gunman who killed 27 people, including 20 children, on Friday targeted a school to which he had no apparent connection — forcing his way in and spraying classrooms with a weapon designed to kill across a battlefield, authorities said.
On Saturday, law enforcement officials gave new details about the rampage of Adam Lanza, which ended with Lanza’s suicide. Their new narrative partially contradicted previous ones and made a baffling act seem more so.
Lanza’s mother, for instance, was not a teacher at Sandy Hook Elementary, after all. She apparently was unemployed. So it was still a mystery why her 20-year-old son — after dressing in black, killing his mother and taking at least three guns from her collection — then drove the five miles to a school where he was a stranger.
The part of the story that remained grimly, awfully unchanged was what Lanza did when he got there.
Authorities on Saturday released the names of those Lanza killed at the school, who ranged in age from 6 to 56. And the state’s medical examiner — speaking in sanitized, clinical terms — described the results of something deeply obscene: a semiautomatic rifle fired inside an elementary classroom.
“I’ve been at this for a third of a century. And my sensibilities may not be the average man’s. But this probably is the worst I have seen,” said H. Wayne Carver II. Carver described the children’s injuries, which he said ranged from at least two to 11 bullet wounds apiece.
He had performed seven of the autopsies himself. A reporter asked what the children had been wearing.
“They’re wearing cute kid stuff,” Carver said. “I mean, they’re first-graders.”
On Saturday, this small New England town and the country played out what is now a familiar ritual: the dumbstruck aftermath of a young gunman’s massacre. Word came that President Obama would arrive Sunday for an evening interfaith service, repeating his role from Fort Hood, Tex.; Aurora, Colo.; and Tucson, Ariz. He would again be chief mourner. (more…)

Thursday, December 13, 2012

Publications: Stability Operations Magazine, November-December 2012

Filed under: Publications — Tags: , , , — Matt @ 10:56 PM

« Newer PostsOlder Posts »

Powered by WordPress