Anonymous ID: 0a7da9 Sept. 19, 2020, 1:24 p.m. No.10711686   🗄️.is 🔗kun   >>1790 >>1856 >>1969 >>2095 >>2335 >>2361

Virtual Purple Digg

 

These people seem to have quite a bit of public data:

 

https://www.mcclatchydc.com/news/nation-world/national/article24749125.html?escaped_fragment=

 

An inventive San Luis Obispo County, Calif., couple now owes back taxes and penalties after losing a protracted legal fight with federal authorities.

 

In a case that illuminates a colorful lifestyle while underscoring the importance of keeping good records, a U.S. Tax Court judge largely sided this week with the Internal Revenue Service against the claims of Edmond A. Heinbockel and his wife, Lydia Rose Heinbockel.

 

“Ed and Lydia Heinbockel,” U.S. Tax Court Judge Mark V. Holmes observed, “are a happy couple possessed by entrepreneurial spirit.”

 

But the couple, Holmes concluded in the opinion issued late Monday, must also pay more taxes for the years 2005-2007 after failing to demonstrate that their “forays into plane chartering, grape farming and money lending” were actually intended to turn a profit. The question of profit-seeking becomes crucial when tax officials determine what expenses can be written off as business-related.

 

The precise total amount the couple owes the IRS is not clearly summed up in the 76-page decision. All told, though, the IRS had disputed about $156,000 in deductions for the three years, and the agency wants to assess additional interest and penalties as well.

Anonymous ID: 0a7da9 Sept. 19, 2020, 1:30 p.m. No.10711727   🗄️.is 🔗kun   >>1790 >>1856 >>1969 >>2095 >>2335 >>2361

Virtual Purple Digg

 

I don't even know what to make of this "article". It's a brief? A case summary? It reads like a fucking BIOGRAPHY. It's weird.

 

https://case-law.vlex.com/vid/Heinbockel-v-Commissioner-of-Internal-Revenue-051313-FEDTAX-12139-09-605523694

 

You have to read the whole thing. Fucking strange "article". Def NOT technical writing.

 

FINDINGS OF FACT

 

I. Entrepreneurial Ed's Eclectic Experiences

 

Before Grand Theft Auto, before World of Warcraft, before even Sonic the Hedgehog, Leisure Suit Larry left the Land of the Lounge Lizards to become the unlikely hero of an incredibly successful seven-game series (e.g., Leisure Suit Larry Goes Looking For Love (in Several Wrong Places)) that created a cultlike following.1 Larry was born and grew to immaturity at a software company called Sierra On-line, and Ed Heinbockel was Sierra's CFO. Although Ed modestly called Larry a "warped idea", Sierra's enormous success in the early days of video games clearly took some entrepreneurial skill. And this Ed showed at an early age. He graduated from Cal Poly-San Luis Obispo in 1980 with a degree in mechanized agriculture, but went back to his alma mater in the mid-80s to improve his business acumenearning his MBA from Cal Poly-SLO. After a successful five-year run at Sierraand at about the same time that Larry's colleague, Passionate Patti, was Doing a Little Undercover Work–Ed cashed out his Sierra stock and formed Tsunami Media, Inc.

 

With Ed at the helm from Tsunami's inception to its eventual sale in 1999, Tsunami produced several interactive video games. One of its most popular creations, a submarine-warfare simulation named Silent Steel, sold over four million units. One of those units landed in the hands of an FBI employee, who was so impressed that he recommended that its technology be adopted to train counterterrorism agents. The FBI called Ed sometime in 1997, and they agreed that he would provide a hundred hours' worth of counterterrorism training. To avoid the perception that the FBI was training counterterrorism agents by having them play computer games, Ed sensibly agreed to create a new entity to foster this relationship–turning the technology that had transformed computer games into technology that transformed personnel training.

Anonymous ID: 0a7da9 Sept. 19, 2020, 2:21 p.m. No.10712215   🗄️.is 🔗kun   >>2335 >>2361

Moar Visual Purple Digg

 

Apparently old Ed here has another company in quantum computing out of Santa Fe. He gets around.

 

SavantX Relocates Corporate Research Headquarters to Santa Fe, New Mexico

 

SavantX Inc., a leader in quantum computing, is relocating some operations to Santa Fe, New Mexico. The company plans to hire over 100 employees.

 

“The need to diversify our economy has never been clearer, and it’s truly happening as more and more cutting-edge businesses like SavantX realize the advantages of locating in New Mexico," Governor Michelle Lujan Grisham said."These are companies that will disrupt the status quo and reshape the future of commerce and industry for the whole country.It’s gratifying that New Mexicans will play a significant role in those changes.”

 

SavantX is using its expertise in artificial intelligence and machine learning to solve complex business problems at nuclear power plants, transportation hubs, and in health care. For example, the company is partnering with Fenix Marine Services at Pier 300 on the Port of Los Angeles to optimize logistics on the spacing and placement of shipping containers to better integrate with inbound trucks and freight trains.

 

The results are expected to yield a 50 percent increase in efficiency. SavantX has also deployed a no-cost AI-enabled web application to help medical and research professionals search andanalyze COVID-19 datasets.

 

https://www.areadevelopment.com/newsItems/6-15-2020/savantx-new-santa-fe-new-mexico.shtml