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FAQ

How do I fill out a 1120 tax report?
If you are not sophisticated with taxes, DON'T try this form. You can get yourself in a lot of trouble.  Get a good CPA or EA.  The time and effort it will take you to figure this thing out is not worth it. If you value your time at more than the minimum wage, you will save time and money by hiring a professional.
What are the good ways to fill out 1120 form if my business is inactive?
While you might not have been “active” throughout the year, by filing a “no activity” return you may be throwing away potential deductions!  Most businesses (even unprofitable ones) will have some form of expenses ‡ think tax prep fees, taxes, filing fees, home office, phone, etc.  Don’t miss out on your chance to preserve these valuable deductions.  You can carry these forward to more profitable years by using the Net Operating Loss Carry-forward rules.  But you must report them to take advantage of this break. If you honestly did not have any expenses or income during the tax year, simply file form 1120 by the due date (no later than 2 and one half months after the close of the business tax year ‡ March 15 for calendar year businesses).  Complete sections A-E on the front page of the return and make sure you sign the bottom ‡ that’s it!
How should one fill out Form 1120 for a company with no activity and no income and that has not issued shares?
You put all zeros in for revenue and expenses.  Even though the corporation has not formally issued shares, someone or several individuals or entities own the common stock of the corporation and you need to report anyone who owns more than 20% of the corporation.
How would the SF Bay Area be different today if they'd used some of the gold-rush money to build a dike, reroute the rivers, pump out the water and fill it with dirt up to ground level?
So many problems with this question.First: Scale. Do you have any idea HOW LARGE the SF Bay is? 1,600 Square Miles! How on earth do you fill all that in?Second: Flooding. The bay is there because three major rivers (Sacramento, American and San Joaquin) come together here. That plus innumerable other smaller waterways means that you have millions of gallons of water coming into the bay every day. Where would all that water go?Third: The port. The real reason why San Francisco exists is because of the bay. There is really nothing terribly interesting about San Francisco during the gold rush. Except for the fact that it was on the way to the gold fields. The Bay made this possible. In this time period, water was the major transportation mode. Filling in the bay would have been a disaster for them economically.Fourth: Environmental impact. There are several major ecosystems represented by the bay. We did huge damage to them during the first part of the 20th century and are just starting to set them right again.Fifth: Aesthetics. The bay is beautiful and our lives revolve around it. Why on earth would we fill it in?You get the idea.Filling in the bay would have pretty much ended San Francisco as we know it. Perhaps the city would not be there at all.BTW, the opposite of what you ask actually happened. During the ice age you could walk to the Farallons because the sea level was so much lower:
If I get a 2bd apartment by myself in SF, how hard is it to find roommates to fill the spots?
This is a great way to find an apartment as long as you factor in at least a couple weeks to find a good roommate.  Although you're going to get a lot of interest, dealing with logistics and compatible personalities is easier said than done.  Another potential obstacle is that you'll be the only one on the lease-- meaning you have to sublease everyone and be on the hook if anything goes wrong.  That said, it's by far the best way to make sure you get an apartment you like.A great alternative to the Craigslist-roommate-search is to attend an A-List Happy Hour, hosted by Apartment List.  It's a weekly open bar in SF with 30+ roommate/apartment seekers all hanging out, having fun, and meeting new people.  Check out The Best Way to Find Roommates for more info on the events and the mobile app!
How does one get invited to the Quora Partner Program? What criteria do they use, or is it completely random?
I live in Germany. I got an invite to the Quora partner program the day I landed in USA for a business trip. So from what I understand, irrespective of the number of views on your answers, there is some additional eligibility criteria for you to even get an email invite.If you read the terms of service, point 1 states:Eligibility. You must be located in the United States to participate in this Program. If you are a Quora employee, you are eligible to participate and earn up to a maximum of $200 USD a month. You also agree to be bound by the Platform Terms (https://www.quora.com/about/tos) as a condition of participation.Again, if you check the FAQ section:How can other people I know .participate?The program is invite-only at this time, but we intend to open it up to more people as time goes on.So my guess is that Quora is currently targeting people based out of USA, who are active on Quora, may or may not be answering questions frequently ( I have not answered questions frequently in the past year or so) and have a certain number of consistent answer views.Edit 1: Thanks to @Anita Scotch, I got to know that the Quora partner program is now available for other countries too. Copying Anuta’s comment here:If you reside in one of the Countries, The Quora Partner Program is active in, you are eligible to participate in the program.” ( I read more will be added, at some point, but here are the countries, currently eligible at this writing,) U.S., Japan, Germany, Spain, France, United Kingdom, Italy and Australia.11/14/2018Edit 2 : Here is the latest list of countries with 3 new additions eligible for the Quora Partner program:U.S., Japan, Germany, Spain, France, United Kingdom, Italy, Canada, Australia, Indonesia, India and Brazil.Thanks to Monoswita Rez for informing me about this update.
As a developer in SF, how do I figure out the best place to be employed at?
Great Question. My advice is always to follow what you feel you are most passionate about, and in that you will succeed (yes cliche, but I truly believe it)For me personally, the most rewarding things are:1. Working with smart individuals2. Potential to Learn New Technologies3. Responsibility and Potential for Accomplishment (and sense of accomplishment)4. Proper leadership and visionNow, take an honest second and decide what your motivations are, what your desires are, and use these as guides for your search.The best thing you can do is talk to people.Why don't you take the most straightforward step, and email or linkedin friend/message some of the CTO's / CEOs of the companies, asking them these questions directly? Even better, why don't you meet with them for 20 minutes for coffee before work, and see if you are impressed? Why don't you ask former employees what the company was like, why they left, and what they thought?Don't rush the process, find somewhere you can flourish, but don't be afraid to take a position if it feels great.Going through the interview process is often a terrible way to find out about the company, because its a sell both ways, and often pretty tense, and before you get time to make a decision you either have an offer or not and the game is up.As far as salary and equity go, by being proactive and meeting with CTOs / CEOs you drive demand for yourself moreso than jumping in line in the interview process, so it doesn't hurt in that department.Also, take a look at angel.co and see what different startups are offering as far as compensation / equity, its not exact but may give you an idea.Good luck.
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