OK, I KNOW WHAT IS GOING TO HAPPEN HERE. DON'T GO THERE GUYS. START A NEW SALARY THREAD IF YOU WANT. PLEASE DO NOT RESPOND TO THIS ONE.
Rick Harnish President OnlyInternet Broadband & Wireless, Inc. 260-827-2482 Founding Member of WISPA -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Lonnie Nunweiler Sent: Tuesday, December 19, 2006 2:32 AM To: WISPA General List Subject: Re: [WISPA] salary Mac, and Matt..... This is an easy question to answer. You stop doing it when it stops being fun and becomes a job. I built five 100' towers this Summer. Lonnie On 12/18/06, Mac Dearman <[EMAIL PROTECTED]> wrote: > Gino, > > > That's a question that Larsen and I have been hunting an answer to for a > couple years. We both said we were going to sit back and collect some of our > initial investments back over a year ago. I know Larsen is still hanging > gear in every town along the 3 States he borders (get 'em son) and also > created one of the longest "production" wireless backhaul links (60+ miles) > of anybody anywhere that I am aware of. I too have built 7 new towers in the > last few months and built out about a dozen new towns and gone to all fiber. > > > My point is this - - - it's a vicious circle! When is enough - enough? We > get a new tower up and swear "this is the last", but from that tower there > is another community that is yet without internet connectivity and just one > more little hop will get them caught! It's a never ending story - - - looks > like we need a "wireless anonymous" group to help us break the cycle!! > > If you find the cure - - send Larsen and myself a double dose. > > > Mac > > > > > -----Original Message----- > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On > Behalf Of Gino A. Villarini > Sent: Monday, December 18, 2006 12:51 PM > To: 'WISPA General List' > Subject: RE: [WISPA] salary > > The question I always ask myself is when to stop upgrading and expanding.. > > Gino A. Villarini > [EMAIL PROTECTED] > Aeronet Wireless Broadband Corp. > tel 787.273.4143 fax 787.273.4145 > > -----Original Message----- > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On > Behalf Of George Rogato > Sent: Monday, December 18, 2006 12:08 PM > To: WISPA General List > Subject: Re: [WISPA] salary > > Ditto, and we make enough profit to roll the profit back into our > business in network upgrades, etc. > > If I stopped my upgrades and just collected money, I could lay someone > off and make a very handsome roi. > > George > > John Scrivner wrote: > > Yes. We earn salary and profits. It is not as much as I would like but > > our company is profitable and has been for 9 years. > > Scriv > > > > > > Brian Rohrbacher wrote: > > > >> Is this all such a big deal? You guys actually have profits!? > >> > >> Brian > >> > >> John Scrivner wrote: > >> > >>> I do not think any WISPs here really know the answer to this. What is > >>> needed is an answer from an accountant. If anyone on here is a CPA > >>> and can share what the rules are I would be glad to see them. I do > >>> not believe that simply drawing profits from a S corp WISP as opposed > >>> to taking a salary is tax evasion. In a S corp you pay taxes for > >>> profits same as you do for payroll. Where you might have a problem is > >>> with unemployment insurance, social security, workmans comp, etc. > >>> Those are based on payroll. Profits are not in the calculation. > >>> Essentially you are dodging those when you do not take a salary. > >>> Scriv > >>> > >>> > >>> > >>> Charles Wu wrote: > >>> > >>>> <snip> > >>>> Zero. When the CEO is also the primary investor, and the company is > >>>> an S-corp or LLC, why pay payroll tax, when you can just take a > >>>> repayment of loan? > >>>> The salary of the CEO can be meaningless unless also disclosed > >>>> wether they have an equity position or not, and of what caliber. > >>>> </snip> > >>>> > >>>> B/c when you get audited by the IRS (which for any small business, > >>>> is just a > >>>> matter of time), you will FINED for tax evasion... > >>>> > >>>> -Charles > >>>> > >>>> ------------------------------------------- > >>>> WiNOG Wireless Roadshows > >>>> Coming to a City Near You > >>>> http://www.winog.com > >>>> > >>>> > >>>> -----Original Message----- > >>>> From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On > >>>> Behalf Of Tom DeReggi > >>>> Sent: Friday, December 15, 2006 1:51 AM > >>>> To: WISPA General List > >>>> Subject: Re: [WISPA] salary > >>>> > >>>> > >>>> > >>>> Tom DeReggi > >>>> RapidDSL & Wireless, Inc > >>>> IntAirNet- Fixed Wireless Broadband > >>>> > >>>> > >>>> ----- Original Message ----- From: "Travis Johnson" <[EMAIL PROTECTED]> > >>>> To: "WISPA General List" <[email protected]> > >>>> Sent: Thursday, December 14, 2006 8:55 PM > >>>> Subject: [WISPA] salary > >>>> > >>>> > >>>> > >>>> > >>>>> Hi, > >>>>> > >>>>> Just taking a quick survey... answer if you can, but be honest... ;) > >>>>> > >>>>> What is the salary of the CEO of your ISP? Even if you can share the > >>>>> percentage of that salary compared to annual gross revenue... > >>>>> > >>>>> Travis > >>>>> Microserv > >>>>> -- > >>>>> WISPA Wireless List: [email protected] > >>>>> > >>>>> Subscribe/Unsubscribe: > >>>>> http://lists.wispa.org/mailman/listinfo/wireless > >>>>> > >>>>> Archives: http://lists.wispa.org/pipermail/wireless/ > >>>>> > >>>> > >>>> > >>>> > >>>> > > -- > George Rogato > > Welcome to WISPA > > www.wispa.org > > http://signup.wispa.org/ > -- > WISPA Wireless List: [email protected] > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ > > -- > WISPA Wireless List: [email protected] > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ > > -- > WISPA Wireless List: [email protected] > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ > -- Lonnie Nunweiler Valemount Networks Corporation http://www.star-os.com/ -- WISPA Wireless List: [email protected] Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: [email protected] Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
