Excessive Salaries in a Closely Held Corporation

Excessive salaries paid by a closely held corporation create a constant debate between the owners of the entity and the Internal Revenue Service, and with other corporation members. The basic law as to the tax aspects underlying the controversy, in the Internal Revenue Code of 1954, is substantially as follows: The compensation claimed as a deduction must be reasonable in amount, and must be paid purely for services. Distributions of profits under the guise of salaries are not deductible. This crucial issue leads to the question: What does the word reasonable salary mean in the framework of a closely held corporation

Fermionization of two-component few-fermion systems in a one-dimensional harmonic trap

The nature of strongly interacting Fermi gases and magnetism is one of the most important and studied topics in condensed-matter physics. Still, there are many open questions. A central issue is under what circumstances strong short-range repulsive interactions are enough to drive magnetic correlations. Recent progress in the field of cold atomic gases allows to address this question in very clean systems where both particle numbers, interactions and dimensionality can be tuned. Here we study fermionic few-body systems in a one dimensional harmonic trap using a new rapidly converging effective-interaction technique, plus a novel analytical approach. This allows us to calculate the properties of a single spin-down atom interacting with a number of spin-up particles, a case of much recent experimental interest. Our findings indicate that, in the strongly interacting limit, spin-up and spin-down particles want to separate in the trap, which we interpret as a microscopic precursor of one-dimensional ferromagnetism in imbalanced systems. Our predictions are directly addressable in current experiments on ultracold atomic few-body systems.Comment: 12 pages, 6 figures, published version including two appendices on our new numerical and analytical approac

Bound States and Universality in Layers of Cold Polar Molecules

The recent experimental realization of cold polar molecules in the rotational and vibrational ground state opens the door to the study of a wealth of phenomena involving long-range interactions. By applying an optical lattice to a gas of cold polar molecules one can create a layered system of planar traps. Due to the long-range dipole-dipole interaction one expects a rich structure of bound complexes in this geometry. We study the bilayer case and determine the two-body bound state properties as a function of the interaction strength. The results clearly show that a least one bound state will always be present in the system. In addition, bound states at zero energy show universal behavior and extend to very large radii. These results suggest that non-trivial bound complexes of more than two particles are likely in the bilayer and in more complicated chain structures in multi-layer systems.Comment: 6 pages, 5 figures. Revised version to be publishe

Shell-Model Monte Carlo Simulations of BCS-BEC Crossover in Few-Fermion Systems

We study a trapped system of fermions with a zero-range two-body interaction using the shell-model Monte Carlo method, providing {\em ab initio} results for the low particle number limit where mean-field theory is not applicable. We present results for the $N$-body energies as function of interaction strength, particle number, and temperature. The subtle question of renormalization in a finite model space is addressed and the convergence of our method and its applicability across the BCS-BEC crossover is discussed. Our findings indicate that very good quantitative results can be obtained on the BCS side, whereas at unitarity and in the BEC regime the convergence is less clear. Comparison to N=2 analytics at zero and finite temperature, and to other calculations in the literature for $N>2$ show very good agreement.Comment: 6 pages, 5 figures, Revtex4, final versio