About Stefan | Blog Tag

What was I doing 10 years ago?

... Working 90 hours a week June - Septmber
... Surfing Australia and Hawaii all winter

Things On My To Do list

... plant more fruit trees
... organize office paper work and book keeping
... play poker at 7:00pm
... work on taxes
... get ARPE paperwork done
... Surf
... water plants

Bad Habits

... trying too hard
... french fries
... loosing at poker

Places I have Lived

... Vermont (Brattleboro)
... Jersey (Ocean City)
... North Carolina (Wrightsville Beach)
... Kauai (Kapaa)
... San Diego (La Jolla, Encinitas Carlsbad)
... New South Whales (Newcastle AUS)
... Rincon Puerto Rico

Things Most People Don't Know About Me

... Ayn Rand is my idol
... I get sea sick
... I'm afraid of flying (just turbulence)

US AIRWAYS Baggage Policy

I just got an email from US Airways regarding their baggage policy. According to the email, in order to offset rising fuel costs, they will now be charging $25 for your second bag. They explain it by saying;

We’re making these changes to offset record fuel prices and rising airline related expenses. We simply must make changes to the way we do business to provide all of you with the high level of service that you’ve come to expect from US Airways. Also, we’re doing all we can to keep fares low. With this policy change, we’re able to give you the choice to avoid the fee and pack fewer items. With fewer bags to process, we save both money and fuel and can pass that savings on to you.

I guess that is cooler than raising the fares...especially since if I ever travel with a second bag, it is a surfboard and I get charged for that no matter what. Hopefully that won't apply to new parents that are lugging around all the 'kid gear' that is required to raise a child in this modern world.

2007 Tax Information good for me to know

I posted a few things I found online while researching my tax liabilities as a sole owner LLC. Pretty interesting stuff that could help you out too...I'll keep posting tidbits here and do my best to keep it organized.

Single-Owner LLCs and Taxes

The IRS treats one-member LLCs as sole proprietorships for tax purposes. This means that the LLC itself does not pay taxes and does not have to file a return with the IRS.

As the sole owner of your LLC, you must report all profits (or losses) of the LLC on Schedule C and submit it with your 1040 tax return. Even if you leave profits in the company's bank account at the end of the year -- for instance, to cover future expenses or expand the business -- you must pay income tax on that money.


If your California LLC will regularly need to retain a significant amount of profits in the company, you (and your co-owners, if you have any) may be able to save money by electing to have your LLC taxed as a corporation.

The self-employment tax rate for 2006 for business owners is 15.3% of the first $94,200 of income and 2.9% of everything over $94,200.

Expenses and Deductions - Taxes and California

As you no doubt already know, you don't have to pay taxes -- income taxes or self-employment taxes -- on most of the money that your business spends in pursuit of profit. You can deduct ("write off") your legitimate business expenses from your business income, which can greatly lower the profits you must report to the IRS. Deductible expenses include start-up costs, automobile and travel expenses, equipment costs, and advertising and promotion costs.

California exacts a hefty $800 "minimum franchise tax" per year from LLCs

Can Corporate Taxation Cut Your LLC Tax Bill?

If you will regularly need to keep a substantial amount of profits in your LLC (called "retained earnings"), you might benefit from electing corporate taxation (which you can do as an LLC). Any LLC can choose to be treated like a corporation for tax purposes by filing IRS Form 8832 and checking the corporate tax treatment box on the form.

Because the corporate income tax rates for the first $75,000 of corporate taxable income are lower than the individual income tax rates that apply to most LLC owners, this can save you and your co-owners money in overall taxes.

US Congress Voting - Important American Issue

I highly recommend you watch this video carefully...even if you don't live in America...this issue can effect you.


Live From Congress: The Skull Fucking Bill Of 2007

Easy on My Balls

I flew out of San Juan two days ago to go to Oklahoma City on business and made a horrible mistake, I wore flip flops and a t-shirt on the plane. It was a 5 hour flight to Houston and within the first five minutes of taking off the temperature in the cabin went down to about 65 degrees. Now, this isn't my first time flying so I should have remembered a sweatshirt or maybe even a 'triple fat goose' jacket because flights are always cold...but I didn't. For the entire 5 hour flight I was freezing...Summer and I stayed up hanging out playing poker and blackjack in the casino, went swimming around 4:00am and went to bed around 5:00am...I woke up at 9:00 to explore San Juan's bath stores for a new vessell sink for our guest bathroom so by the time I got on the plane...I was tired...real tired, but I was too cold to sleep.

I had about a 20 minute layover in Houston and grabbed a sweatshirt at a kiosk while running across the giant Houston Airport. The sweatshirt had the words "Texas" on it and a picture of a longhorn bull on it. I didn't think much of it besides it was something to keep me warm...but I should have known better.



Apparently, the Texas Longhorns are a football team and they are arch rivals with the Oklahoma Sooners (also a football team). Well, in this part of the US football is a religion...and me wearing this sweatshirt around Oklahoma City is kin to wearing a 'Muslim's Rule' shirt to a private meeting with the Pope in Vatican City. This morning I wore this shirt out of the Skirkin Hilton in Oklahoma City to go get some coffee and from the point of leaving my room to walking one block to "The Buzz" cafe I had 4 people tell me I had some guts wearing that sweatshirt in Oklahoma City. I laughed it off when 2 of the four people in the elevator gave me a hard time...I thought twice about it when a full size Ford pickup with a bunch of plaid button down mustached cowboys yelled about me from their truck while driving by me and I all but turned it inside out when I hear this story from the barista in the coffee shop.

Last night on the news, he heard that there is a man in Oklahoma City being charged with aggravated assault after he got into an altercation with a man in an Oklahoma City bar for wearing a Texas Longhorns t-shirt. Now, this 'altercation' was pretty gnarly. The Sooners (University of Oklahoma Football Team) fan was heckling the guys wearing the Longhorns shirt...the Longhorns fan went up to close out his tab and go somewhere he would be more comfortable drinking when the Sooners fan grabbed the Longhorns fan balls (testicles) and would not let go . The Sooner fan unloaded a bunch of left and right hooks on the guys face, but he still would not let go of his balls. Well, he didn't let go until he heard them rip off of his body. Yes, the Longhorn fan ripped the balls off of this guy requiring him to receive 60 stitches to reattach his testicles.

I have two things to say.

1. Hey sports fans, it's only a game.
2. "Easy on my balls, they're fragile as eggs" Old Dirty Bastard

Lingerie and Sexy Girlfriend

I know what you are thinking, so get your mind out of the gutter. I am not going to post any pictures of my sexy girlfriend in lingerie here. What I am going to do is brag for her..because she won't do it.

Summer works her ass off. She works a minimum of 10 hours a day 6 days a week running her company and is constantly exploring new ways of running her team and business more efficiently as well as researching new products her customers will like. One of the very important things she does for all of her Vicious Enterprises stores is Search Engine Optimization. It is a very time consuming part of her business but it is also fun because you always get to explore new ways of generating traffic to your site.

Here is the fruit of Summers labor...her LaLaLingerie.com store is number 1 on Google out of over 60 million results for the term "Lingerie". Great work Summer!

Mystery Shirt

When Summer got down to our house in Puerto Rico last week she had a gift for me...but it wasn't from her. She said it came in the mail addressed to her but C/O me. Hmmm...we have a few ideas who may have sent the mystery shirt...but we want to know for sure. Claim it so we can thank you properly.



The Mystery Shirt Gift in question