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What's New? — The Ill Community

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    Season 8 Premiere of The Walking Dead, Sunday, October 22 at 9/8c on AMC

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  • 07/22/14--16:11: The General Business Thread
  • Alright yall this is a spinoff from the Tax Implications thread that was started by @JonnyRoccIT‌ . I made this thread to help out anybody who has general questions about getting started or going forward, legal matters in business, financing/banks/credit, how to find information, building websites, structure, taxation, business plans/proposals, investing, motivation - anything that has to do with running a business please ask the question here and me or @pralims will answer you promptly.

    Anything that has to do with even supplying apps or anything for that matter that can help someone, anybody, somewhere do something easier or better will be greatly appreciated.

    To kick things off I have put the topics in spoilers to make the O/P organized and easier to browse for mobile users.

    Business Entity/Legal Structures

    Sole Proprietorship

    The simplest structure is the sole proprietorship, which usually involves just one individual who owns and operates the enterprise. If you intend to work alone, this structure may be the way to go. The tax aspects of a sole proprietorship are appealing because the expenses and your income from the business are included on your personal income tax return, Form 1040. Your profits and losses are recorded on a form called Schedule C, which is filed with your 1040. The "bottom-line amount" from Schedule C is then transferred to your personal tax return. This is especially attractive because business losses you suffer may offset the income you have earned from your other sources.

    As a sole proprietor, you must also file a Schedule SE with Form 1040. You use Schedule SE to calculate how much self-employment tax you owe. In addition to paying annual self-employment taxes, you must make estimated tax payments if you expect to owe at least $1,000 in federal taxes for the year after deducting your withholding and credits, and your withholding will be less than the smaller of:

    1) 90 percent of the tax to be shown on your current year tax return or

    2) 100 percent of your previous year's tax liability.

    The federal government permits you to pay estimated taxes in four equal amounts throughout the year on the 15th of April, June, September and January. With a sole proprietorship, your business earnings are taxed only once, unlike other business structures. Another big plus is that you will have complete control over your business--you make all the decisions. There are a few disadvantages to consider, however. Selecting the sole proprietorship business structure means you are personally responsible for your company's liabilities. As a result, you are placing your assets at risk, and they could be seized to satisfy a business debt or a legal claim filed against you.Raising money for a sole proprietorship can also be difficult. Banks and other financing sources may be reluctant to make business loans to sole proprietorships. In most cases, you will have to depend on your financing sources, such as savings,
    home equity or family loans.


    If your business will be owned and operated by several individuals, you'll want to take a look at structuring your business as a partnership. Partnerships come in two varieties: general partnerships and limited partnerships. In a general partnership, the partners manage the company and assume responsibility for the partnership's debts and other obligations. A limited partnership has both general and limited partners. The general partners own and operate the business and assume liability for the partnership, while the limited partners serve as investors only; they have no control over the company and are not subject to the same liabilities as the general partners.

    Unless you expect to have many passive investors, limited partnerships are generally not the best choice for a new business because of all the required filings and administrative complexities. If you have two or more partners who want to be actively involved, a general partnership would be much easier to form.

    One of the major advantages of a partnership is the tax treatment it enjoys. A partnership does not pay tax on its income but "passes through" any profits or losses to the individual partners. At tax time, the partnership must file a tax return (Form 1065) that reports its income and loss to the IRS. In addition, each partner reports his or her share of income and loss on Schedule K-1 of Form 1065.

    Personal liability is a major concern if you use a general partnership to structure your business. Like sole proprietors, general partners are personally liable for the partnership's obligations and debts. Each general partner can act on behalf of the partnership, take out loans and make decisions that will affect and be binding on all the partners (if the partnership agreement permits). Keep in mind that partnerships are also more expensive to establish than sole proprietorships because they require more legal and accounting services.

    The other portion is in the next post

    As for what state is best to incorporate in, it really depends on what type of business you're trying to build. Please PM me and I may be able to assist you.


    For motivation give these books a read:

    Rich Dad, Poor Dad by Robert Kiyosaki


    Think & Grow Rich by Napoleon Hill


    @black caesar

    Feel free to post if yall can contribute, anything is plenty.

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    Training camps are underway and preseason has begun.

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    What's the worst movie you ever seen? It could be recent or something you hated since you were young... Hilariously bad, boring... something you randomly grabbed from redbox or netflix... critically acclaimed or hyped up... universally panned... what ya'll got?

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    We all know the IC Talent subforums are dead so I felt it would be a good idea to have a thread on producing in the Reason. I know there's a few out there that produce or rappers looking for production so in this thread we can network, discuss, share tips etc.

    Here's a good facebook group for finding samples:

    anyone can join it^

    And to kick things off, what are your top 10 producers and why?

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  • 01/01/15--02:26: Top Tier General Discussion
  • Top 5 battles of 2014?
    1. Lux vs Hollow UW
    2. Danny Myers vs KG The Poet KOTD
    3. Daylyt vs Chilla KOTD
    4. Charlie Clips vs Daylyt KOTD
    KOTD - Rap Battle - Pat Stay vs Dizaster (Title Match)
    KOTD - Rap Battle - Dizaster vs Math Hoffa
    RBE -O-Red vs Ooops
    Worst bodybag?
    Battler of the year (Male and Female)?
    Male: Charlie Clips.
    Runner Up Bigg K
    Runner Up Charron
    Was only wack vs Tori Doe.
    Comeback Battler of the year?
    Chilla Jones is a closesecond though
    Fell df off battler of the year?
    Big T,
    At least Swave got debatables vs Rosenberg, and Aye verb has debatables vs Daylyt, beat Danny Myers and so on.. has Big T beat anyone? Big Kannon? Bmagic choked twice against him and he still beat Big t. Shit he lost to Bender. Arsonal also 3-od him worse than Ars 3-od Swave. Big T wnet from top 5 to not mentioned at all since his Ored battle.
    Remy D is someone almost no one mentions but lats time I seen him he got 3-Od by Lotta Zay.
    Rookie of The year:
    Xcel & Brizz Rawstween
    Fuck Nigga Of the Year:
    Worse Battler of the Year:
    T-Rex, you know how I know Total Slaughter was a sham of a scam? T-rex won that.. went to lose to Cortez at a URL event, body bagged by Shotgun Suge at a UW event than bodybagged forever vs Clips at another URL event. He's pretty much disposal.
    Upset of the Year:
    Mook over Lux

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    Until recently, Andrea Ramirez, 43, thought she was part Mexican.
    But the results from an at-home genetic test from 23andMe revealed that she is a mix of Northern European, North African and a little Native American. And not at all hispanic.
    Ramirez, who hails from the Bay Area and works in marketing, bought the $199 genetic test in 2013 for a lark after her brother Danny's own test came back with some curious results. She and Danny are both fair-skinned and freckled, and don't closely resemble their half-siblings from their father's first marriage, but they never questioned their heritage.
    As expected, Danny showed up on a list of Andrea's DNA relatives on 23andMe. But his DNA was only about a 25 percent match with hers, meaning that he wasn't a full sibling as she had expected.
    More strangely, a mysterious woman also appeared on that list as a potential relative. This woman's profile stated that she was donor-conceived.

    More people than ever before are expected to buy a DNA-test this Christmas from sites like AncestryDNA or 23andMe, as well as on Millions have already gotten tested. And for many of these people, the results are unexpected, shocking, and occasionally even life-changing.
    The direct-to-consumer genetic testing market, which includes both health and genealogy tests, is expected to grow from about $70 million in 2015 to $340 million by 2022, according to a report from Credence Research.
    CNBC spoke to a dozen people who took a DNA test to find out fun facts about their ethnic roots, then were surprised to learned they were donor-conceived. That means the men who had raised them were not their biological fathers -- instead, their parents had faced fertility problems, and their mothers had used sperm from donors at a fertility clinic.
    Research from 2005 found that so-called paternity discrepancy, when a person is identified as being biologically fathered by someone other than the person they believe is the father, occurs between 0.8% to 30% in the population.

    Most of them don't regret learning the truth, but needed to have some tough conversations with their parents and were left with many unanswered questions. In some cases, they did find likely family members but that didn't always lead to a reunion.
    Some bio-ethicists say that 23andMe, Ancestry and the rest should do more to educate their users about the risks and potential outcomes. Making matters more complex is that a donor who wants to stay anonymous might decline to send in their DNA, but can still be traced through their family members.
    To its credit, 23andMe does warn its users in its terms of service that the information "has the potential to alter your life and worldview." AncestryDNA's website doesn't make that quite as clear, although it does stress that users might find unknown relatives.
    Others believe that fertility clinics should take additional steps to alert donors that anonymity is a thing of the past. Donors should know that if any of their family members get a genetic test, they could be found

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    Here it is, boys.

    @Stew @infamous114

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    The trilogy of horror books that kicked off with Scary Stories to Tell in the Dark is getting the big screen treatment from director André Øvredal. The filmmaker previously director TrollHunter and The Autopsy of Jane Doe, with Guillermo del Toro attached to this adaptation as a producer.

    According to Deadline, "The thriller follows a group of young teens who must solve the mystery surrounding sudden and macabre deaths in their small town. Kevin Hageman and Dan Hageman (The LEGO Movie) wrote the most recent draft based on the books."

    Del Toro had previously been attached as a director but, possibly due to his busy scheduled, has stepped aside to have Øvredal take the reins.

    The trilogy of books were comprised of short horror stories aimed at children, written by Alvin Schwartz. Originally published in 1984, the books have sold more than 7 million copies. In addition to Schwartz's stories causing nightmares, the iconic series also frightened and fascinated young readers with Steven Gammell's macabre and grotesque illustrations.

    The Norwegian TrollHunter was a mockumentary film about a man who was tasked with locating and eradicating various trolls that roamed the countryside in a discrete manner so the public was kept in the dark about the fantastical creatures.

    In The Autopsy of Jane Doe, two employees of a morgue attempt to determine the cause of death for an anonymous body, leading them down a dangerous and deadly rabbit hole.

    Scary Stories to Tell in the Dark is only the latest project featuring horror stories aimed at younger audiences to get the live-action treatment.

    In 2015, Goosebumps featured multiple villains from the book series of the same name coming to life to terrorize author R.L. Stine, played by Jack Black in the film. A sequel will hit theaters in 2018.

    Last month, a film adaptation of the TV series Are You Afraid of the Dark? was announced with IT writer Gary Dauberman attached. The Nickelodeon series featured teens meeting every week by a campfire to tell each other horrifying tales. That film will land in theaters in 2019.

    The Scary Stories to Tell in the Dark adaptation is headed into production next summer.

    [H/T Deadline]

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    10 GOAT reactions to whoever can name the logical fallacy used here.

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    dont forget ,

    Doug Jones or Roy Moore.

    get your shit together.

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    Lets say she looks amazing at the club where you meet her. Fuck it, let's say you meet her in church.

    You go out on a date and bring her home and you realize her titties and ass are fake. You kiss her and realize her lips are fake.

    If she's educated, comes from a good family, has similar taste in music and is a freak in the bedroom,

    What do you do?

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  • 11/08/15--23:46: The 2017 MLB Thread
  • Ight so the Kansas City Royals officially won the 2015 World Series so we continue on

    Free Agency started November 7th so lets get it poppin....

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    In a sec, I throw the tec to your fucking neck
    Everybody hit the deck, Biggie bout to get some rec
    Quick to leave you in a coffin, for slick talking
    You better act like CeCe and keep on walking
    When I hit ya, I split ya to the white meat
    You swung a left, you swung a right, you fell to the concrete
    Your face, my feet, they meet, with stompin'
    I'm rippin MC's from Tallahassee, to Compton
    Biggie Smalls on a higher plane
    Niggas say I'm strange deranged because I put the 12 gauge to your brain
    Make your shit splatter
    Mix the blood like batter then my pocket gets fatter
    After the hit, leave you on the street with your neck split
    Down your backbone to where your motherfucking cheek drip
    The shit I kick, ripping through the vest
    Biggie Smalls passing any test, I'm ready to die!

    Probably my favorite track off the album


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  • 03/03/14--19:49: DC: Rebirth
  • Well we got one for Marvel NOW! figured we should do one for DC as well. Ive been a bit behind as of late, but what are yalls favorite books atm? favorite arcs so far?

    Green Lantern was my favorite book. I havent gotten any comics at all since Geoff Johns left. Made sure i picked up the last issue he did and went on a hiatus from book shopping, now im gonna start copping the Paperback trades to catch up.

    Animal Man has had a dope book from what i have (think im up to issue 17) Loved the arcane Arc.

    New Guardians is a dope book, probably my 2nd favorite behind Green Lantern.

    Johns has been doing great with Aquaman. I was a Aquaman hater before i decided to check out the new 52 book that johns is doing and i love it.

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  • 12/15/15--17:04: Grand Theft Auto V
  • Trying to fix this thread.

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  • 12/02/17--14:13: Them Massage Joints
  • Anybody ever stop by one of them shits? They any good?

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  • 12/13/17--06:20: U God ft. Method Man - Fire
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