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Come on Down, Then Sell Your Hosting Company

Tue, 20 May 2008 10:55:00 -0500

This is a no-brainer that can be hard to do. Family, friends, schools, pets all figure into the situation. But is should be on your plate.

Here are some of the top rates for state income taxes; Vermont 9.5%, Oregon 9% and New Jersey 8.97%.

Now there are many other states with high state income taxes. The California State Motto is Eureka "I have found it!" is aptly stated. After all California has a 9.3% state income tax rate plus a 1% kicker imposed on taxable income over $1 million. If I read the tax codes right that equals 10.3%.

Since it makes my case, let’s look at the worst case. You net $500k from your hosting business. In California you pay about $45k in state income taxes and another $155k in Federal Income Tax. So 40% goes to the government. Not to mention FICA, 8.5% sales tax etc.

So you decide to sell the business, it sells for $5 million. In California that adds about $500,000 of your money to the state coffers. You get $500k less. Your retirement fund just dropped $500k. That Ivy League school for the kids is a bit tougher to handle.

Do some family planning. Move to Florida, it has zero, nada, and no state income tax. So does Alaska, Nevada, South Dakota, Texas, Washington and Wyoming.

Now the M&A Part – Buyers don’t make up for the sellers shortfall. It is just as easy to buy a company in Texas as in California. Think this one over for a while.

So talk to your attorney and accountant, make sure everything’s legal and makes sense. Then come on down to Florida a couple years before you sell. You could add some $600k to the retirement fund. Oh yes, real estate is a bargain since the bubble burst.

Written from Cape Coral, Florida - Rather than our old Milwaukee diggs (6.75%)

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So if you need a friend to start with, feel free to use me.� One more link I really love is HostingBookmarks.com.� This site allows you to share your hosting news and bookmarks with the rest of the hosting industry.

Do I Need Managed Web Hosting Or Shared Web Hosting?

Tue, 13 May 2008 13:46:22 GMT
There are many different choices to make when it comes to selecting the best type of web hosting for your particular needs. Shared web hosting is by far the most popular type of web hosting, and is ideal for most websites. However, many websites, such as those with very high traffic or form whom security of sensitive information is of utmost concern, managed web hosting just might be a better choice.

HostICan Secret Offer - You Can Save More!!

Tue, 08 Apr 2008 02:13:01 +0000
Earlier this month, HostICan started a spring web hosting special offering you 20% off any web hosting plan when you order hosting for 12 months or more.
But did you know our special coupon will save you much more?
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The Web Site Reality Check: Taking a Site Inventory

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Is your site outdated or in need of a refresher? Here are just a few top signs that your website could be brought into the new century.

Virtualization with Microsoft (Virtual Server 2005 R2 SP1)

Thu, 08 May 2008 17:48:03 -0400
Talk about server virtualization, you go on talking about Virtuozzo, Xen, VMWare Server etc. This article aims to present another virtualization application offered by Microsoft - Microsoft Virtual Server 2005 R2 SP1.

A couple of attractive features about Microsoft Virtual Server 2005 R2 SP1 are: it is available free of cost and also it supports the usage of Microsoft Windows as well as Linux distributions as guest operating systems.


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