The World Boxing Association (WBA), one of the leading controlling bodies in professional boxing, has a new president. He is Gilberto Mendoza Jr, a former vice-president who succeeds his father, Gilberto Mendoza Sr. The latter resigned recently because of ill health.There was a similar father-son succession two years ago with the World Boxing Council (WBC) when Maurice Sulaiman succeeded his father, JosÈ Sulaiman, as the head of the World Boxing Council (WBC).On that occasion, the older Sulaiman had died. The WBA is the oldest of the top four organisations that control professional boxing worldwide. The others are the International Boxing Federation and the World Boxing Organisation.The elder Mendoza was in Jamaica with his son in 2012 for the world featherweight title fight between Nicholas ‘The Axeman’ Walters and Dualis Prescott, a fight that Walters won by a technical knockout in Round 7 to take the then vacant WBA featherweight title. He has been ailing for some time, and because of his poor health, he decided at age 72 to “hang up his gloves”.tribute to Mendoza SrNo doubt as a tribute to Mendoza Sr, and also as a reward to his son for the hard work he has put in as a vice-president for many years, Mendoza Jr was elected unanimously by the 40 delegates who were present at a meeting of directors in Panama when Mendoza Sr made his retirement announcement by video stream.It had been generally expected that whenever Mendoza Sr decided to retire, his son, who has been by his side many years as a confidante, would succeed him.The WBA, which had its base in Venezuela for many years, relocated to Panama in 2007, and Mendoza Jr had been acting as president during the recent illness of his father.Commenting on his election, he said that he was happy to take over the leadership, and the only regret he had was that his father was not present physically when the directors made the decision to elevate him to the top spot.In accepting the position, Mendoza Jr said that the passion that he puts into his job was inherited from his father and urged the worldwide boxing fraternity to ” let us all work together for the good of the sport”.
Before humans arrived, no strata came with “Ediacaran” stamped on them. Does this human-invented name have any real meaning? Does it tell time?The so-called Ediacaran era came just before the Cambrian, when all the animal phyla exploded onto the scene. Actually, that sentence requires believing they were in a time sequence. To the observer’s eye, Cambrian strata have certain kinds of fossils in them interpreted to represent an era when the first complex animal body plans emerged. In certain places on earth below strata designated Cambrian, there are odd frond-like organisms that have been named the Ediacaran fauna, so named after a location in Australia where they were first identified. Below Cambrian implies before Cambrian, simply enough. But two papers in Geology raised new questions about these beliefs.Buatois and a team harking from Canada and South Africa, writing in Geology, consider the Ediacaran-Cambrian interface “arguably the most important in the stratigraphic column,” noted that the ichnofossil Treptichnus pedum is commonly used to indicate the interface. They went hunting for this fossil in South Africa and found it in a wide variety of environments:Our study in Fortunian units in the Vanrhynsdorp Group of South Africa shows a broad environmental tolerance for the T. pedum producer in shallow-marine clastic settings. This ichnotaxon is not only present in low-energy offshore wave-dominated marine settings, but it also occurs at considerably shallower water in intertidal and shallow-subtidal zones of tide-dominated systems. T. pedum seems to have high values of peak abundance in the upper offshore and lower intertidal sand flats. In many sections, the Ediacaran-Cambrian transition occurs in successions containing a sequence boundary due to incision of valleys that were filled with coarse-grained deposits of fluvial or estuarine origin, both representing facies that are unsuitable for T. pedum. The range offset of this ichnotaxon is typically greater above sequence boundaries and within transgressive systems tracts, providing some constrains [sic] on its use.Despite these concerns, they believe that “the broad environmental tolerance of T. pedum in shallow-marine clastic settings supports evolutionary innovations rather than facies controls as the main mechanism underlying the observed vertical pattern of distribution of this ichnospecies” in the study area. In their mind, it “supports” one interpretation over another, despite the constraints.A second paper in Geology asks a more fundamental question: “How well do fossil assemblages of the Ediacara Biota tell time?” Notice the frequent use of the word interpret in their opening sentences:Patterns of origination, evolution, and extinction of early animal life on this planet are largely interpreted from the fossils of the Precambrian soft-bodied Ediacara Biota, spanning nearly 40 m.y. of the terminal Ediacaran period. Localities containing these fossils are loosely considered as part of either the Avalon, White Sea, or Nama Associations. These associations have been interpreted to have temporal, paleobiogeographic, preservational, and/or paleoenvironmental significance. Surprisingly, elements of all three associations occur within the Ediacara Member of the Rawnsley Quartzite of South Australia.What does it mean to have three associations in one location? It means serious questions are in order about the interpretation of observed strata as markers of time and evolution:An analysis of over 5000 specimens demonstrates that fossil distribution is strongly controlled by facies and taphonomy rather than time or biogeography and that individual taxa vary considerably in their environmental tolerance and taphonomic integrity. The recognition that these taxa represent organisms living in various distinct environments, both juxtaposed and shared, holds strong implications for our interpretation of the record of early animal life on this planet and questions the biostratigraphic utility of the three associations. Furthermore, although in situ soft-bodied preservation provides a unique perspective on composition of benthic fossil assemblages, the record should not be interpreted as a simple “snapshot”. Fossil beds represent a range of preservational modifications varying from current winnowed census samples of benthic communities at different depths and ecological maturity, to entirely transported assemblages. Unless the appropriate environments and taphonomic conditions are present for certain taxa, the absence of a particular taxon may or may not indicate its extinction in space or time.There’s a lot in that paragraph for doubt. Geologists cannot simply count fossils. Unseen geological processes can scramble the mix, winnowing the census, transporting whole assemblages elsewhere. They ask their fellow geologists to identify “appropriate” environments and taphonomic (fossil-creating) conditions, but they don’t identify who decides what is appropriate. Eyebrows should rise at their statement that the considerable variation in the environment and “taphonomic integrity” at Ediacaran sites has not just implications, but “strong implications for interpretation of the record of early animal life on this planet”. That warning could just as well be sounded for the remainder of the fossil record.Notice how they ended by saying that “the absence of a particular taxon may or may not indicate its extinction in space or time.” The absence of evidence for the notorious Precambrian Rabbit is not evidence of absence. Who knows without an eyewitness? Precambrian rabbits may have been hopping in another country at the same time Ediacarans were fossilizing under the sea. Remember? You need appropriate taphonomic conditions. You can’t look at a stratum, they said, as a simple “snapshot” and decide there were no rabbits in this era. Unseen processes may have been at work winnowing the census or transporting entire assemblages.The key point is that strata designations and their interpretations are highly theory-laden. It doesn’t matter that most geologists accept the current theory. The consensus has been wrong many times before. When you look at evidence, learn to scrape off the labels humans attach to them, and especially the canned interpretations. Science progresses by perceptive observers who see the anomalies those within the paradigm have been trained to ignore. (Visited 34 times, 1 visits today)FacebookTwitterPinterestSave分享0
Share Facebook Twitter Google + LinkedIn Pinterest Brian E. Ravencraft, CPA, CGMA is a Principal with Holbrook & Manter, CPAsBy Brian E. Ravencraft, CPA, CGMA, Partner at Holbrook & Manter, CPAsAs you prepare for the upcoming tax season, now is a good time to review the lessons learned from last year’s first exposure to the provisions of the Tax Cuts and Jobs Act (TCJA). Here are seven end-of-year steps that agricultural owners in closely held businesses should take now to prepare. Maximize pass through deductionsOne of the most significant provisions of tax reform for sole proprietorships, partnerships, and S corporations is the qualified business income (QBI) deduction, also known as the section 199A deduction. This allows business owners to deduct up to 20% of pass-through business income, and it also provides for a 20% reduction of certain types of rental income.But, as many taxpayers discovered last year, the deduction is subject to some complex limitations. If you have not done so already, you should review how your business is structured and how profits are distributed to see if there are changes you could make that would apply this deduction more effectively.The limitations included in the TCJA definitely require discussion and analysis. However, here is a high level explanation. Taxpayers that have taxable income less than the income threshold limit have a simpler computation than those that do not — these taxpayers multiply their QBI by 20%. As long as that amount does not exceed 20% of their ordinary income on their tax return, that is their deduction. The New Section 199A Deduction is claimed above taxable income.The taxable income threshold begins at $157,500 for individuals ($315,000 for married filing jointly taxpayers) with the deduction vanishing at $207,500 for individuals ($415,000 for married filing jointly taxpayers).When taxpayers exceed the income thresholds or their ordinary income amount, and have potentially other complicated activities, additional limitations apply relating to wages, co-op sales, and qualified property. Re-evaluate depreciation strategiesAnother important year-end review involves how the depreciation of capital assets is handled, particularly in view of the new tax law’s changes to Section 179 of the tax code and its expansion of bonus depreciation. Deciding which approach to take is not always a simple decision.In addition to different caps and general limitations, the two approaches also impose different limits on vehicles and certain types of equipment, as well as on rental properties and property improvements. Also note that bonus depreciation can be used to create a net loss for the year, while Section 179 deductions cannot. Because of these complexities — and many others — you should consider longer-term impact to the P&L when evaluating which method is the most beneficial to your farming business. Review entertainment and meal expensesNew limits on the deductibility of business entertainment expenses and meals caused considerable confusion during the 2018 tax cycle. With the benefit of hindsight, now is the time to review your company’s handling of these expenses.Crop insurance deferral considerationsTypically, most farmers are cash basis taxpayers and proceeds from the destruction or damage of crops is included in income in the year of receipt; however, federal law allows certain insurance proceeds to be deferred one year, if certain requirement are met.Under a special provision, a farmer may elect to include crop insurance and disaster in income in the taxable year after the year of the crop loss if it’s the farmer’s practice to report income from the sale of the crop in a later year. When the claim is related to crop loss, then the claim can be deferred if:The farmer uses cash method of accounting,The claim is received in the year of loss (if received in the next year, you cannot defer),The loss is from damage/destruction to crops or the inability to plant crops, andThe farmer’s normal business practice is to sell more than 50%of the crop in the year following the harvest. (The possible crop insurance deferral is the aggregate of all crops, even if one crop such as soybeans is normally sold at harvest, and corn is usually sold the following year).The fourth rule is the one that trips up most farmers. If this is the case, you will want to work with your crop insurance company and make sure the claim is paid after the end of the year (assuming from a tax planning perspective the maneuver makes sense). Check for state and local tax conformityState and local compliance can be especially challenging if your farm operations expanded into a new jurisdiction during the year. Some states’ tax codes mirror the federal code while others differ drastically. Update employment recordsThe end of the year is a good time to make sure employment records are up to date. Verify you have current addresses and other information for Forms 1099 and W-2. And keep in mind a new Form W-4 will be coming out soon. Review independent contractors’ statusImproperly categorizing workers as independent contractors rather than employees is a hot button issue for the IRS. So it’s wise to review the status of all workers annually.As always, reach out if you have questions. I am always happy to help. Brian E. Ravencraft, CPA, CGMA is a Principal with Holbrook & Manter, CPAs. Brian has been with Holbrook & Manter since 1995, primarily focusing on the areas of Tax Consulting and Management Advisory Services within several firm service areas, focusing on agri-business and closely held businesses and their owners. Holbrook & Manter is a professional services firm founded in 1919 and we are unique in that we offer the resources of a large firm without compromising the focused and responsive personal attention that each client deserves. You can reach Brian through www.HolbrookManter.com
Kammuri turning to super typhoon less likely but possible — Pagasa Stronger peso trims PH debt value to P7.9 trillion Showing that he’s no longer feeling the effects of his wrist injury earlier in the season, the 20-year-old scored the putback off Rey Nambatac’s miss and gave the Knights a slim 69-68 lead with 3.3 seconds to play.Levi dela Cruz botched the Chiefs’ inbounds play on the other end as he threw the ball to the side of the board, allowing JP Calvo to split his freebies with 0.2 ticks remaining.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“Like what I said, we really needed to play our A-game against Arellano even if they don’t have (Kent) Salado. They really played like a team until the end and that’s why it was a war of attrition until the end,” said coach Jeff Napa, who remained wary of Arellano, which played without Salado, who is nursing an slight MCL tear on his right knee.Nambatac scattered 25 points on a 4-of-7 clip from three on top of nine rebounds and three assists to keep his collegiate career alive. CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA Japan ex-PM Nakasone who boosted ties with US dies at 101 Aquino to Filipinos: Stand up vs abuses before you suffer De Lima’s ordeal PLAY LIST 02:07Aquino to Filipinos: Stand up vs abuses before you suffer De Lima’s ordeal00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Photo by Tristan Tamayo/ INQUIRER.netJeo Ambohot saved the day for Letran as the Knights escaped the clutches of Arellano, 70-68, to advance to the second phase of the fourth-place playoff in the NCAA Season 93 men’s basketball tournament Friday at Filoil Flying V Centre in San Juan.Letran arranged a knockout duel against San Sebastian for the fourth spot on Tuesday at Mall of Asia Arena, while also halting Arellano’s four-game winning streak to end the second round.ADVERTISEMENT Quarters: 24-16, 38-36, 54-49, 70-68. Brace for potentially devastating typhoon approaching PH – NDRRMC JP Calvo added 11 markers, five boards, and two dimes, while Bong Quinto unloaded nine points despite shooting 4-of-14 from the field.“We need to be disciplined,” said Napa of the impending duel between the Knights and the Golden Stags. “We need to correct a lot in practice because we still had lapses, but we will do our job and the boys will give it their all, their hearts in that game.”Levi dela Cruz paced the Chiefs with 18 points and three assists, while Rence Alcoriza played the game of his life as he poured 13 of his 16 markers, alongside five boards in the losing effort.The Scores:LETRAN 70 – Nambatac 25, Calvo 11, Quinto 9, Balanza 8, Vacaro 6, Balagasay 5, Ambohot 4, Gedaria 2, Taladua 0.ARELLANO 68 – Dela Cruz 18, Alcoriza 16, Canete 12, Flores 7, Enriquez 5, Taywan 4, Nicholls 3, Abanes 3, Concepcion 0, Villoria 0, Ongolo Ongolo 0, Meca 0.ADVERTISEMENT #KicksStalker: Pop-up store for Filipino sneakerheads Don’t miss out on the latest news and information. Typhoon Kammuri accelerates, gains strength en route to PH For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. LATEST STORIES MOST READ Read Next Kin of Misamis Oriental hero cop to get death benefits, award — PNP QC cops nab robbery gang leader, cohort View comments
Amidst high drama that took place in the heart of the capital on Monday, Baba Ramdev while leading a big march to Parliament to push his demand for bringing back black money stashed abroad gave a clarion call to oppose the Congress in the 2014 polls.Although Ramdev was arrested and let off later, he announced his decision to stay put at the detention venue to continue his peaceful agitation against the government. His campaign also got a big fillip with various political parties, including many supporting the government, coming out in open support.Proceeding to parliament, Ramdev hitting out at the Congress said it was the only party not supporting his fight for bringing back black money and it should not get support of people. “I will tell (before 2014 polls) whom to elect and whom to defeat,” Ramdev said.Before Ramdev’s march, a host of political leaders joined him at Ramlila Maidan – including Bharatiya Janata Party (BJP) president Nitin Gadkari, Janata Dal-United (JD-U) chief Sharad Yadav, Janata Party chief Subramanian Swamy and some Akali Dal leaders.After speeches slamming the government’s “inaction” on black money, Ramdev, asserting the protest was peaceful, led his tricolour-waving and black bandana-sporting supporters on a march to Parliament House.Security personnel, including paramilitary force personnel, were however present in strength to stop him at Ranjit Singh flyover that leads to Connaught Place in central Delhi.A police official gingerly held Ramdev’s hand to show he was being detained, perhaps keeping in mind the controversy over Delhi Police’s brutal action on his sleeping supporters a year ago in which a woman lost her life.Ramdev had appealed to the government to heed his demands, failing which he would lead a march to Parliament. However, the government remained unmoved and no emissary went to him unlike last year when three senior ministers were sent to the airport to talk to to him.The Congress on Monday hit out at Ramdev and accused him of fighting a “political battle” in the name of campaigning against black money. The issue of black money also echoed in Parliament with the BJP creating a ruckus in the Lok Sabha on the issue, leading to an adjournment of the house.Samajwadi Party chief Mulayam Singh Yadav and BSP supremo Mayawati, addressing reporters outside Parliament, said they would support anyone raising their voice against black money. Biju Janata Dal chief and Odisha Chief Minister Naveen Patnaik too supported Ramdev’s campaign.Ramdev began a three-day symbolic fast on Aug 9 for the return of black money, a strong Lokpal Bill, and a transparent process in naming heads of the Central Bureau of Investigation and the Election Commission. On Saturday evening, he extended his fast and threatened a “revolution” after the government failed to react.With IANS inputsadvertisement
TORONTO – A tie purported to be the one late Toronto mayor Rob Ford wore on Nov. 5, 2013, when he admitted smoking crack cocaine, is up for sale on eBay again.There were 111 bids on the tie over a seven-day auction in 2015, with the winner putting in a bid of $16,100 for the neckwear featuring logos from NFL teams past and present.The tie is currently listed on eBay with a buy-it-now price of $9,999.The listing says the tie is “professionally framed” and comes with a certificate of authenticity signed by Ford as well as the actual box he shipped it in.Ford’s assistant said at the time that he sold the tie and other items on eBay as part of a spring cleaning.Ford became internationally notorious when he admitted having smoked crack cocaine, “probably in one of my drunken stupors,” while apologizing and insisting he was not an addict.
Pop music legend Barry Manilow will perform at the Columbus Citizens Foundation 73rd Annual Gala on Saturday, October 7 at the New York Hilton.The Gala will honor Leonard Riggio, the Founder and Chairman of Barnes & Noble, and will benefit the Foundation’s Italian-American Student Scholarship Fund.The theme of this year’s Columbus Day Celebration and parade is “A Celebration of Italian-American Authors.” Mr. Riggio, the parade Grand Marshal, created the theme to recognize the achievements of Italian-American writers. The black-tie Gala will incorporate this theme and feature Mr. Manilow as the guest performer.All proceeds from the Gala will be used to support the Foundation’s mission of providing quality education to students of Italian descent who have academic ability but need financial assistance.Having sold more than 85 million albums worldwide, Barry Manilow is one of the world’s all-time bestselling recording artists. He’s had an astonishing 50 Top 40 singles including 12 #1s and 27 Top 10 hits and is ranked as the #1 Adult Contemporary Artist of all-time, according to Billboard and R&R magazines. He has been nominated for a Grammy Award in every decade since the 1970s and, in addition to winning the Best Pop Male Vocal Performance Grammy in 1979 (for “Copacabana”), is an Emmy, Tony and American Music Award winner three years in a row.“It is an honor to have renowned performer Barry Manilow as this year’s Gala entertainment,” said Foundation President Angelo Vivolo. “The Gala holds high significance in the celebration leading up to the Columbus Day Parade, and to have legendary singer Barry Manilow perform shows the importance of the Foundation and its goals.”Mr. Manilow will be a part of a program that pays tribute to Grand Marshal Riggio, Italian-American authors, and this year’s honorees, Tom Iovino, CEO of OHL America, and Dr. Laura Forese, Executive Vice President and COO of New York-Presbyterian.Tickets are still available for this exceptional evening. Please email [email protected] for further details.
Two days after missing out on the opportunity to earn a share of the Big Ten title, Purdue senior forward JaJuan Johnson learned that he won’t walk away from this season without any hardware in hand, as he was named the Big Ten Player of the Year for the 2010-11 season on Monday night. The senior forward beat out Ohio State freshman forward Jared Sullinger, who appeared to have a lock on the award for the first three months of the season, before seeing stat lines decline in February. Sullinger won four Big Ten Player of the Week awards this season. Johnson finished the regular season as the Big Ten’s leader in scoring and blocks, with averages of 20.5 points and 2.4 blocks per game. He was also the conferences’ No. 4 leading rebounder, pulling down 8.1 rebounds per game. A native of Indianapolis, Ind., Johnson’s top scoring performance came in Purdue’s Dec. 18 win over Indiana State, however his best all-around performance came in the Boilermakers’ Feb. 27 win over Michigan State, when he scored 20 points, and posted season-highs in rebounding and blocks, with 17 and seven, respectively. In winning the award, which has been given out annually since the 1984-85 season, Johnson becomes the third Boilermaker to be named the Big Ten’s top player, joining past award winners from Purdue in Steve Scheffler (1989-90), and Glenn Robinson (1993-94). In addition to winning the Big Ten’s Player of the Year award, Johnson was an all-conference first team selection, and was named the Big Ten’s Player of the Week on Feb. 28. After finishing the regular season with a record of 25-6 (14-4 Big Ten), good for second place in the conference behind OSU, the Boilermakers will attempt to win the Big Ten Tournament in Johnson’s hometown of Indianapolis. Purdue has a bye in the first round of the tournament, and will face the winner of Thursday’s match-up between Michigan State and Iowa on Friday.
The Ohio State men’s soccer team needed more than 90 minutes to defeat Bowling Green, but the Buckeyes eventually got the job done. Ten days after defeating Michigan in overtime, OSU took the Falcons to an extra session on Wednesday night and won, 1-0 on freshman midfielder Brady Wahl’s first career goal. Wahl took a long throw-in from freshman midfielder Adam Gorski and buried it in the back of the net in the fourth minute of overtime to pull out the victory. “We had that trailing run all night,” Wahl said. “We were bound to get one and we did. It was a good ball by Gorski.” “Everytime we get one of those long throw-ins with Gorski you think we’re gonna get an opportunity out of it,” said head coach John Bluem. “It’s just dangerous. It doesn’t surprise me that, finally, a chance fell to one of our guys.” The match showcased stellar performances by both teams’ goalkeepers. OSU (7-4-1) junior keeper Matt Lampson had 5 saves, including a big stop with 20 seconds left in regulation. BGSU (7-3-1) redshirt senior keeper Miguel Roasales had 8 saves after replacing an injured Michael Wiest early in the first half. The Buckeyes had two near misses in the first half of action, with the first coming in the 27th minute when a header into the net by junior midfielder Sebastian Rivas was disallowed by an offsides call. Nine minutes later, a Gorski throw-in was headed by junior defender Ben Killian toward the goal but was defended by a BGSU player who appeared to be standing inside the goal when he knocked the ball away. “I looked over at the linesman and he was just standing there,” Killian said. “It looked like it was a goal to me, but maybe he saw something I didn’t. At the end of the day, it is what it is.” Bluem said he hasn’t seen the video yet, but it looked like a goal to him as well. “We thought we had two goals in the first half,” Bluem said. “Didn’t get either one of them. But the guys at least kept after it.” The Falcons had two big scoring opportunities, but were turned away each time by a Lampson punch at the ball that sent it over the crossbar. “I think we did phenomenal,” Killian said. “We stayed tight, Lampson did a very good job back there communicating with us and overall it was just a good performance.” Wahl said the team is looking forward and hopes to keep the victories coming for OSU. “We needed to keep things going in the right direction, keep the wins going,” Wahl said. “So you can have a shot at that ring.” Bluem said he was impressed by the Falcons’ performance and that his squad beat a quality team. “Bowling Green is a good team, and the record that they have is no fluke,” he said. “They’ve got some good players and they’re very well organized and disciplined.” The Buckeyes will look to remain unbeaten in conference play as they face Northwestern (4-4-3) Sunday, Oct. 9, at 2 p.m. at Jesse Owens Memorial Stadium.
The Ohio State Men’s Volleyball team took on George Mason University on Jan. 18 at St. John Arena. Ohio State lost 1-3. Photos by Ethan Clewell. Ohio State sophomore Kyle Skinner (22) gets ready to spike the ball at the game against George Mason on Jan. 18. at St. John Arena in Columbus. Photo Credit: Ethan Clewell | Senior Reporter