https://blog.tonsmann.netBright celeb buzz with polished internet shine.en-usSun, 16 Aug 2026 09:24:14 -0400https://blog.tonsmann.net/how-does-a-trustee-resign-from-a-trust.htmlhttps://blog.tonsmann.net/how-does-a-trustee-resign-from-a-trust.htmlIn that case, the trustee may resign either by obtaining consent from the appropriate parties or by filing a petition to resign with the probate court. California Probate Code §17200 allows a trustee to petition the court to accept their resignation as trustee. What happens if a trustee wants to res...Sun, 16 Aug 2026 13:08:18 -0400https://blog.tonsmann.net/how-do-you-write-up-a-land-contract.htmlhttps://blog.tonsmann.net/how-do-you-write-up-a-land-contract.htmlHow to Write a Land Contract Agreement Negotiate the basic terms. State the purpose of the contract and the identity of the parties on the first page. Identify the property using its legal description. State the amount of the down payment if any. Can you use a land contract in California? Realtor...Sun, 16 Aug 2026 12:40:57 -0400https://blog.tonsmann.net/how-much-does-a-business-pay-in-payroll-taxes.htmlhttps://blog.tonsmann.net/how-much-does-a-business-pay-in-payroll-taxes.htmlSocial Security and Medicare taxes are imposed on both the employee at a flat rate of 6.2% for social security and 1.45% for Medicare and the employer ‘s single flat rate of 6.2% and 1.45%, respectively, creating a combined FICA tax rate of 15.3% (12.4% for Social Security and 2.9% for Medicare). Wh...Sun, 16 Aug 2026 12:40:07 -0400https://blog.tonsmann.net/what-percentage-of-debt-is-acceptable.htmlhttps://blog.tonsmann.net/what-percentage-of-debt-is-acceptable.htmlMost lenders say a DTI of 36% is acceptable, but they want to loan you money so they’re willing to cut some slack. Many financial advisors say a DTI higher than 35% means you are carrying too much debt. Others stretch the boundaries to the 36%-49% mark. What percentage of balance is minimum payment?...Sun, 16 Aug 2026 11:54:54 -0400https://blog.tonsmann.net/what-companies-sell-board-games.htmlhttps://blog.tonsmann.net/what-companies-sell-board-games.htmlMajor Vendors in the Global Board Games Market Asmodee Editions (Group) Hasbro. Mattel. Ravensburger. Can you sell a board game idea to a company? Decide if you want to publish your game, or license it to another company. At this point you can reach out to established game companies and see if they ...Sun, 16 Aug 2026 11:42:19 -0400https://blog.tonsmann.net/are-payroll-taxes-eftps.htmlhttps://blog.tonsmann.net/are-payroll-taxes-eftps.htmlWhich Taxes Can I Pay with EFTPS? EFTPS can be used to make many kinds of tax payments, including: Federal payroll taxes, including FICA tax and withholding for employee federal income tax (Form 941 Employer’s Quarterly Federal Tax Return) and Form 944 – Employer’s Annual Federal Tax Return. Do payr...Sun, 16 Aug 2026 11:33:49 -0400https://blog.tonsmann.net/how-do-i-find-out-where-a-soldier-served-in-ww2.htmlhttps://blog.tonsmann.net/how-do-i-find-out-where-a-soldier-served-in-ww2.htmlTo find out if they have any information on your veteran, call them at 800-827-1000. If the Department of Veteran Affairs does not have any information you can try contacting the Veteran Affairs Insurance Center at 800-669-8477. How do I find out if someone served in the Australian Army? Ex-ADF memb...Sun, 16 Aug 2026 11:30:17 -0400https://blog.tonsmann.net/is-domestic-partner-considered-spouse.htmlhttps://blog.tonsmann.net/is-domestic-partner-considered-spouse.htmlFederal law treats benefits for spouses, children and certain dependents the same way. However, a domestic partner is not considered a spouse under federal law. To qualify as a dependent, your partner must receive more than half of his or her support from you. Can I deduct health insurance premiums ...Sun, 16 Aug 2026 11:28:23 -0400https://blog.tonsmann.net/is-fuel-allowance-exempt-from-tax.htmlhttps://blog.tonsmann.net/is-fuel-allowance-exempt-from-tax.htmlCar is used exclusively for official purposes When an employee uses a car exclusively in the performance of official duties, all of the amount spent on fuel, car maintenance and driver’s salary is fully tax-exempt. This happens irrespective of who owns the car, i.e. the employer or employee. How do ...Sun, 16 Aug 2026 10:35:18 -0400https://blog.tonsmann.net/what-documents-do-i-need-for-an-online-boutique.htmlhttps://blog.tonsmann.net/what-documents-do-i-need-for-an-online-boutique.htmlAt the very least you’ll need a DBA (doing business as) license, and an EIN number. But you’ll need to check with your local offices to find out exactly what’s needed for you. What does a boutique need? To open your clothing boutique, you’ll need the appropriate amounts of hangers, mannequins, windo...Sun, 16 Aug 2026 10:14:37 -0400https://blog.tonsmann.net/what-are-etfs-similar-to.htmlhttps://blog.tonsmann.net/what-are-etfs-similar-to.htmlYou know that mutual funds, individual securities (stocks or bonds), and annuities are possible alternatives, or complements, to ETFs. Is an ETF an alternative investment? Alternative investments are investments that fall outside the three traditional asset classes: stocks, bonds and cash. ETFs are ...Sun, 16 Aug 2026 10:01:28 -0400https://blog.tonsmann.net/how-often-do-you-pay-sales-tax-in-nj.htmlhttps://blog.tonsmann.net/how-often-do-you-pay-sales-tax-in-nj.htmlIn New Jersey, you will be required to file and remit sales tax either monthly or quarterly. New Jersey sales tax returns are always due the 20th of the month following the reporting period. If the filing due date falls on a weekend or holiday, sales tax is generally due the next business day. What ...Sun, 16 Aug 2026 09:56:30 -0400https://blog.tonsmann.net/how-can-a-single-member-llc-elect-s-corp-status.htmlhttps://blog.tonsmann.net/how-can-a-single-member-llc-elect-s-corp-status.htmlHow to Elect S Corp Status Similar to how a corporation elects S corp status, a single-member LLC can become an S corporation by filing IRS Form 255 3. The LLC must file the election no later than two months and 15 days from the start of the tax year in which the S corp status will be effective. Wha...Sun, 16 Aug 2026 09:10:07 -0400https://blog.tonsmann.net/is-a-referee-an-independent-contractor.htmlhttps://blog.tonsmann.net/is-a-referee-an-independent-contractor.htmlThey are independent contractors because they are not supervised while refereeing, they provide their own tools, the duration of their work is short, freedom to officiate at times and fees of their own choosing, and mutual understanding of their IC relationship and 2. How much does college basketbal...Sun, 16 Aug 2026 08:54:17 -0400https://blog.tonsmann.net/how-much-does-it-cost-to-file-llc-in-nevada.htmlhttps://blog.tonsmann.net/how-much-does-it-cost-to-file-llc-in-nevada.htmlNevada requires LLCs to file an Initial List of Members/Managers and Business License at the time of filing its Articles of Organization. The filing fee is $150 for the Initial List and $200 for the business license registration. How do I file a corporation in Nevada? How to Form a Corporation in Ne...Sun, 16 Aug 2026 08:34:11 -0400https://blog.tonsmann.net/what-should-i-do-if-my-brother-wants-to-give-me-money.htmlhttps://blog.tonsmann.net/what-should-i-do-if-my-brother-wants-to-give-me-money.htmlIf either you or your brother are resident outside the UK you should take advice in respect of gift and inheritance taxes in the relevant jurisdiction. Also, if the gift were an asset rather than cash, do remember that a gift is deemed to be a disposal for tax purposes and that there could be a char...Sun, 16 Aug 2026 08:07:08 -0400https://blog.tonsmann.net/what-happens-when-a-court-appeal-is-denied.htmlhttps://blog.tonsmann.net/what-happens-when-a-court-appeal-is-denied.htmlGenerally, the losing party in a lawsuit may appeal their case to a higher court. The higher court then reviews the case for legal errors. If an appeal is granted, the lower court’s decision may be reversed in whole or in part. If an appeal is denied, the lower court’s decision stands. Is the US Tax...Sun, 16 Aug 2026 07:36:50 -0400https://blog.tonsmann.net/what-is-the-msrra-exemption.htmlhttps://blog.tonsmann.net/what-is-the-msrra-exemption.htmlIt allows military spouses to maintain legal residence in the state where they lived before a permanent change of station move with their active-duty service member. A second amendment to the SCRA provides additional protections and benefits to military spouses. Do military spouses have to change re...Sun, 16 Aug 2026 07:20:21 -0400https://blog.tonsmann.net/when-is-the-first-day-to-file-taxes-for-2020.htmlhttps://blog.tonsmann.net/when-is-the-first-day-to-file-taxes-for-2020.htmlThat’s the day the IRS will start accepting and processing 2020 tax year returns. If you use online tax filing to file your taxes in 2021, it can give you an early start on getting your tax refund back. When is the first day of tax filing season? According to the IRS, tax filing season will open on ...Sun, 16 Aug 2026 07:17:17 -0400https://blog.tonsmann.net/can-you-have-two-joint-sponsors.htmlhttps://blog.tonsmann.net/can-you-have-two-joint-sponsors.htmlTwo joint sponsors can be used per family unit applying to immigrate under the same petition. If two joint sponsors are used, each joint sponsor is responsible only for the intending immigrant(s) listed on the joint sponsor’s Form I-864. What documents are required for joint sponsor? They generally ...Sun, 16 Aug 2026 06:54:55 -0400https://blog.tonsmann.net/do-i-need-a-new-ein-if-i-change-the-name-of-my-company.htmlhttps://blog.tonsmann.net/do-i-need-a-new-ein-if-i-change-the-name-of-my-company.htmlGenerally, businesses need a new EIN when their ownership or structure has changed. Although changing the name of your business does not require you to obtain a new EIN, you may wish to visit the Business Name Change page to find out what actions are required if you change the name of your business....Sun, 16 Aug 2026 06:34:07 -0400https://blog.tonsmann.net/why-did-i-get-a-letter-from-eftps.htmlhttps://blog.tonsmann.net/why-did-i-get-a-letter-from-eftps.htmlThe EFTPS (Electronic Federal Tax Payment System®) is the IRS’s online system for paying estimated taxes. The notice you received is a standard letter received by all new businesses. Verify the bank account that will be used when making a payment. Change the bank account used for a payment. Has Form...Sun, 16 Aug 2026 06:24:10 -0400https://blog.tonsmann.net/what-church-does-a-pastor-belong-to.htmlhttps://blog.tonsmann.net/what-church-does-a-pastor-belong-to.htmlBaptist churches The term “pastor”, in the majority of Baptist churches, is one of two offices within the church, deacon being the other, and is considered synonymous with “elder” or “bishop” (though in Reformed Baptist churches, elders are a separate office). Does the church pay the pastor? Most ch...Sun, 16 Aug 2026 06:09:59 -0400https://blog.tonsmann.net/can-i-deduct-tuition-as-a-business-expense.htmlhttps://blog.tonsmann.net/can-i-deduct-tuition-as-a-business-expense.htmlThe IRS allows including tuition expense as a business expense if you meet the requirements. IRS Publication 970 states “You can deduct the costs of qualifying work-related education as business expenses. The required education must serve a bona fide business purpose of your employer. Can a business...Sun, 16 Aug 2026 06:04:32 -0400https://blog.tonsmann.net/can-i-open-a-sole-proprietorship-bank-account.htmlhttps://blog.tonsmann.net/can-i-open-a-sole-proprietorship-bank-account.htmlOpening a business bank account for your sole proprietorship is easy and helps organize your finances. With your ID and proper business documentation, you can open an account online or at your local branch. Should I set up a separate bank account for my business? The IRS requires every incorporated ...Sun, 16 Aug 2026 05:57:50 -0400https://blog.tonsmann.net/what-is-the-simple-ira-contribution-for-2021.htmlhttps://blog.tonsmann.net/what-is-the-simple-ira-contribution-for-2021.html$13,500 2021 SIMPLE IRA Contribution Limits For 2021, the annual contribution limit for SIMPLE IRAs is $13,500, the same amount as the year before. Workers age 50 or older can make additional catch-up contributions of $3,000, for a total of $16,500. What types of contributions can be made into a SIM...Sun, 16 Aug 2026 05:46:36 -0400https://blog.tonsmann.net/what-type-of-business-organization-is-personal-chef.htmlhttps://blog.tonsmann.net/what-type-of-business-organization-is-personal-chef.htmlForm an LLC: instead of going the sole proprietor route, personal chefs should form an official business entity and submit articles of organization to the state for a Limited Liability Company. How do I start a personal chef business? Complete the paperwork and other tasks related to starting a busi...Sun, 16 Aug 2026 04:35:32 -0400https://blog.tonsmann.net/can-a-business-owner-contribute-to-a-401k-after-age-70.htmlhttps://blog.tonsmann.net/can-a-business-owner-contribute-to-a-401k-after-age-70.htmlClients who are still working after age 70 ½ may generally continue contributing to employer-sponsored 401(k) accounts and SEP IRAs. In fact, employers must continue to make employer contributions to the SEP IRA of an employee who is over age 70 ½ if it makes similar contributions to younger employe...Sun, 16 Aug 2026 04:34:25 -0400https://blog.tonsmann.net/should-i-do-after-tax-contribution.htmlhttps://blog.tonsmann.net/should-i-do-after-tax-contribution.htmlMaking after-tax contributions allows you to invest more money with the potential for tax-deferred growth. That’s a powerful benefit on its own—but that’s not the end of the story. You could then go a step further and convert your after-tax contributions to a Roth account. What is an after tax contr...Sun, 16 Aug 2026 04:21:45 -0400https://blog.tonsmann.net/how-much-interest-does-100k-earn.htmlhttps://blog.tonsmann.net/how-much-interest-does-100k-earn.htmlHow much interest will I earn on $100k? How much interest you’ll earn on $100,000 depends on your rate of return. Using a conservative estimate of 4% per year, you’d earn $4,000 in interest (100,000 x . What investments can I make with 100K? Try your hand in the stock market. If you have $100,000 to...Sun, 16 Aug 2026 04:14:41 -0400https://blog.tonsmann.net/what-are-different-types-of-requirements.htmlhttps://blog.tonsmann.net/what-are-different-types-of-requirements.htmlHere are 9 different types of requirements documents Business Requirements Document (BRD) Functional Requirements Document (FRD) Market Requirements Document (MRD) Product Requirements Document (PRD) User Interface Requirements Document (UIRD) Technical Requirements Document (TRD) Quality Requ...Sun, 16 Aug 2026 04:10:58 -0400https://blog.tonsmann.net/how-do-i-file-an-income-tax-return-on-my-computer.htmlhttps://blog.tonsmann.net/how-do-i-file-an-income-tax-return-on-my-computer.htmlGenerate and save the Income Tax Return data in XML format in the desired path/place on your PC/Laptop. Login to e-Filing website with User ID, Password, Date of Birth /Date of Incorporation and enter the Captcha code. Go to e-File and click on “Upload Return”. Where can I view my e-filed tax return...Sun, 16 Aug 2026 04:06:04 -0400https://blog.tonsmann.net/how-is-a-llc-taxed-as-a-sole-proprietorship.htmlhttps://blog.tonsmann.net/how-is-a-llc-taxed-as-a-sole-proprietorship.htmlBeing a disregarded entity means that the LLC is taxed in the same way as a sole proprietorship. That is, the information about the LLC’s income and expenses, and its net income is calculated by preparing a Schedule C. The net income from the Schedule C is brought over to the owner’s personal tax re...Sun, 16 Aug 2026 03:49:11 -0400https://blog.tonsmann.net/does-wisconsin-have-a-statute-of-limitations.htmlhttps://blog.tonsmann.net/does-wisconsin-have-a-statute-of-limitations.htmlCriminal Statutes of Limitation in Wisconsin The criminal statute of limitations is a time limit the state has for prosecuting a crime. Under Wisconsin law, the statute of limitations depends on the severity of the crime you face, ranging from 3 years to no limit. How does statute of limitations wor...Sun, 16 Aug 2026 03:44:10 -0400https://blog.tonsmann.net/how-many-hours-of-cpe-are-required.htmlhttps://blog.tonsmann.net/how-many-hours-of-cpe-are-required.html120 hours For AICPA members, the reporting period runs from January 1 on the first full calendar year after joining. CPAs must complete at least 120 hours of CPE for each three-year reporting period, according to the AICPA. Check with the NASBA website for specific state requirements. What are CPE c...Sun, 16 Aug 2026 03:22:44 -0400https://blog.tonsmann.net/can-a-close-corporation-be-a-small-business-corporation.htmlhttps://blog.tonsmann.net/can-a-close-corporation-be-a-small-business-corporation.htmlCorporate entity: Only close corporations, co-operatives, private companies and personal liability companies currently qualify for the SBC regime. Natural shareholders: Shareholders of the SBC must be natural persons throughout the year of assessment. Can an S corp be a personal holding company? Hol...Sun, 16 Aug 2026 03:06:12 -0400https://blog.tonsmann.net/what-is-a-llc-business-entity.htmlhttps://blog.tonsmann.net/what-is-a-llc-business-entity.htmlA limited liability company (LLC) is a business structure in the United States whereby the owners are not personally liable for the company’s debts or liabilities. Limited liability companies are hybrid entities that combine the characteristics of a corporation with those of a partnership or sole pr...Sun, 16 Aug 2026 03:03:19 -0400https://blog.tonsmann.net/can-you-take-expenses-against-a-k1.htmlhttps://blog.tonsmann.net/can-you-take-expenses-against-a-k1.htmlYou may be allowed to deduct unreimbursed ordinary and necessary expenses you paid on behalf of the partnership (including qualified expenses for the business use of your home) if you were required to pay these expenses under the partnership agreement and they are trade or business expenses under se...Sun, 16 Aug 2026 02:42:18 -0400https://blog.tonsmann.net/how-much-should-i-invest-for-us-business-visa.htmlhttps://blog.tonsmann.net/how-much-should-i-invest-for-us-business-visa.htmlIf an enterprise is located in a “Targeted Employment Area” according to the USCIS, a capital investment of at least USD $500,000 is required to qualify for an EB-5 Visa. If the business is not located in a USCIS approved TEA, the capital investment must be at least USD $1 million. Can I get a US vi...Sun, 16 Aug 2026 02:22:32 -0400https://blog.tonsmann.net/do-i-need-an-ein-for-a-self-employed-401k.htmlhttps://blog.tonsmann.net/do-i-need-an-ein-for-a-self-employed-401k.htmlYou don’t need to be incorporated to establish a solo 401(k), but if you’re not, you need a Federal Employer Identification Number (EIN), which you can get online from the IRS in a couple of minutes. How do I get an EIN for a solo 401K? EIN Number for Solo 401k Retirement Trust Click on “apply onlin...Sun, 16 Aug 2026 01:44:33 -0400https://blog.tonsmann.net/where-do-i-send-my-reporting-agent-list.htmlhttps://blog.tonsmann.net/where-do-i-send-my-reporting-agent-list.htmlForms 8655 and paper Reporting Agent Lists may also be faxed to the RAF Team at 855-214- 7523. The IRS will accept and process Authorizations for submissions of Federal Tax Deposits (FTDs) and Federal Tax Payments (FTPs) for Forms 940, 941, 943, 944, 945, 720, 1041, 1042, 1120, CT-1, 990-PF and 990-...Sun, 16 Aug 2026 01:35:16 -0400https://blog.tonsmann.net/how-do-i-get-a-replacement-direct-express-card.htmlhttps://blog.tonsmann.net/how-do-i-get-a-replacement-direct-express-card.htmlIf your Direct Express® card is lost or stolen, immediately call the Direct Express® card toll free Customer Service Department number on the back of your card. Replacement card will arrive by standard mail within 7 to 10 days. How do I get a replacement current card? To receive your replacement car...Sun, 16 Aug 2026 01:17:53 -0400https://blog.tonsmann.net/do-certificate-of-deposits-pay-monthly.htmlhttps://blog.tonsmann.net/do-certificate-of-deposits-pay-monthly.htmlGenerally, CDs compound daily or monthly. The more often the CD compounds, the faster your savings will grow. The answer varies by account, but most CDs credit interest monthly. Some may allow you to have the interest transferred to a different account, such as a savings account or a money market ac...Sun, 16 Aug 2026 01:13:16 -0400https://blog.tonsmann.net/do-joint-accounts-get-stepped-up-basis.htmlhttps://blog.tonsmann.net/do-joint-accounts-get-stepped-up-basis.htmlIf the account is a joint account and one of the owners dies, then only 50% of all the holdings in the account receive the step up in cost basis. If there are multiple owners, then only the decedent’s share receives the step up, 25% in the case of four owners. Does cost basis step down at death? Upo...Sun, 16 Aug 2026 01:04:23 -0400https://blog.tonsmann.net/what-questions-should-i-ask-mlm.htmlhttps://blog.tonsmann.net/what-questions-should-i-ask-mlm.htmlSeven Common Questions About Multi-Level Marketing What is Multi-Level Marketing (MLM)? How Does One Typically Get Paid? Is It a Pyramid Scheme? Are Multi-Level Marketing Products Inferior? Why Is the Success Rate So Low? Why Are So Many Doctors Doing It? How Much Time Does It Take to Run an M...Sun, 16 Aug 2026 01:03:59 -0400https://blog.tonsmann.net/does-traditional-ira-have-early-withdrawal-penalty.htmlhttps://blog.tonsmann.net/does-traditional-ira-have-early-withdrawal-penalty.htmlIf you take an early withdrawal from a traditional IRA—whether it’s your contributions or earnings—it may trigger income taxes and a 10% penalty. Some early withdrawals are tax-free and penalty-free. What is a rollover withdrawal? A withdrawal removes the money from your retirement plan and may invo...Sun, 16 Aug 2026 00:53:21 -0400https://blog.tonsmann.net/what-is-spouse-standard-deduction.htmlhttps://blog.tonsmann.net/what-is-spouse-standard-deduction.htmlThe standard deduction is a specific dollar amount that reduces your taxable income. In 2020 the standard deduction is $12,400 for single filers and married filing separately, $24,800 for married filing jointly and $18,650 for head of household. What deductions can I take married filing separately? ...Sun, 16 Aug 2026 00:43:30 -0400https://blog.tonsmann.net/can-short-term-capital-gains-be-carried-forward.htmlhttps://blog.tonsmann.net/can-short-term-capital-gains-be-carried-forward.htmlShort-term capital loss can be adjusted against long-term capital gains as well as short-term capital gains. Such loss can be carried forward for eight years immediately succeeding the year in which the loss is incurred. What is the short term capital gains rate for 2018? Short-term capital gains ar...Sun, 16 Aug 2026 00:35:09 -0400https://blog.tonsmann.net/what-is-a-passive-entity-in-texas.htmlhttps://blog.tonsmann.net/what-is-a-passive-entity-in-texas.htmlTo qualify as a passive entity, the entity must be a partnership or trust, other than a business trust, for the entire accounting period on which the tax is based. The entity may not qualify as passive for the accounting period during which the conversion occurs even if it meets the 90 percent incom...Sun, 16 Aug 2026 00:24:21 -0400https://blog.tonsmann.net/can-college-students-fill-out-fafsa.htmlhttps://blog.tonsmann.net/can-college-students-fill-out-fafsa.htmlStudents must submit the FAFSA to access federal financial aid — grants, scholarships, work-study and federal loans — as well as certain state and institutional aid each year they’re in school. Yet returning college students aren’t achieving the same pace of completions as their freshman counterpart...Sat, 15 Aug 2026 23:48:04 -0400https://blog.tonsmann.net/what-is-the-capital-gains-tax-on-a-commercial-building.htmlhttps://blog.tonsmann.net/what-is-the-capital-gains-tax-on-a-commercial-building.htmlThere are two primary forms of tax: capital gains tax and cost recovery tax. One is capital gains tax on your commercial real estate, and capital gains tax is one that we all hear about. It’s in the news, it goes from 15 to 20% and then your state may have its own capital gain commercial real estate...Sat, 15 Aug 2026 23:35:18 -0400https://blog.tonsmann.net/how-does-prop-19-affect-inherited-rental-property.htmlhttps://blog.tonsmann.net/how-does-prop-19-affect-inherited-rental-property.htmlBut the new law increases the tax burden on owners of inherited property by repealing Proposition 58 and Proposition 193. Proposition 19 is not retroactive, so inherited property in the past will not be affected. The ballot measure is effective for parent-child transfers that happen after Feb. 15, 2...Sat, 15 Aug 2026 23:17:20 -0400https://blog.tonsmann.net/can-a-green-card-holder-be-a-financial-sponsor.htmlhttps://blog.tonsmann.net/can-a-green-card-holder-be-a-financial-sponsor.htmlA joint sponsor — or a financial co-sponsor — is a U.S. citizen or green card holder (permanent resident) who agrees to take on the legal obligation of financially supporting an applicant for a family-based green card. How much income do you need to sponsor a green card? The most common minimum annu...Sat, 15 Aug 2026 21:44:48 -0400https://blog.tonsmann.net/which-bank-is-best-for-joint-account-in-canada.htmlhttps://blog.tonsmann.net/which-bank-is-best-for-joint-account-in-canada.htmlUpdated May 2021 EQ Bank Joint Savings Plus Account. Canadian Tire High Interest Savings Account. Motive Financial. Alterna Bank. Oaken Financial. Wealthsimple. Scotiabank Savings Account. Tangerine Savings Account. How do I open a joint bank account in Canada? To open a new account, or to add a co-...Sat, 15 Aug 2026 21:41:03 -0400https://blog.tonsmann.net/how-is-as-corp-taxed.htmlhttps://blog.tonsmann.net/how-is-as-corp-taxed.htmlHow are S corps taxed? S corps don’t pay corporate income taxes, so there is not really an “S corp tax rate.” Instead, the company’s individual shareholders split up the income (or losses) amongst each other and report it on their own personal tax returns. What are business ramifications? The ramifi...Sat, 15 Aug 2026 21:34:39 -0400https://blog.tonsmann.net/how-do-i-stop-a-vanguard-contribution.htmlhttps://blog.tonsmann.net/how-do-i-stop-a-vanguard-contribution.htmlYou can change or stop any of your direct deposits anytime. Return to your Account maintenance and click Direct deposit. On the summary page, click the source name for the deposits you want to change or stop. On the detail page, select Delete or Change and follow the instructions provided. Can I cal...Sat, 15 Aug 2026 21:07:21 -0400https://blog.tonsmann.net/does-tully-sleep-with-johnny.htmlhttps://blog.tonsmann.net/does-tully-sleep-with-johnny.htmlOn another office outing, what has been teetering on the brink finally happens—Tully and Johnny sleep together. What’s worse is that it happens while Kate is in the house, and she can hear them all night long. Though Mutt is by her side, Kate is clearly tortured by this because she still harbors fee...Sat, 15 Aug 2026 21:01:03 -0400https://blog.tonsmann.net/how-are-schedule-k-1-partnership-withdrawals-and-distributions-taxable.htmlhttps://blog.tonsmann.net/how-are-schedule-k-1-partnership-withdrawals-and-distributions-taxable.htmlAre Schedule K-1 Partnership Withdrawals & Distributions Taxable Income? Schedule K-1 is a tax form that a partnership generates to report a partner’s share of income, deductions, credits and distributions and other relevant information. Do you have to file a Schedule K-1? Schedule K-1 of Form 1...Sat, 15 Aug 2026 20:59:09 -0400https://blog.tonsmann.net/is-a-new-car-lease-tax-deductible.htmlhttps://blog.tonsmann.net/is-a-new-car-lease-tax-deductible.htmlIf you lease a new car for use in your business, you will probably be able to deduct the lease payments from your taxes as a business deduction. In addition, you may have to reduce the amount of lease payments you claim as business expenses if your car lease is more than the annual limit. Does leasi...Sat, 15 Aug 2026 20:51:47 -0400https://blog.tonsmann.net/how-are-assets-divided-in-texas.htmlhttps://blog.tonsmann.net/how-are-assets-divided-in-texas.htmlYes. Texas is a community property state, which means that most property acquired during the marriage belongs to both spouses, and the court must divide it at divorce. In contrast, each spouse gets to keep his or her separate property when the marriage ends. What assets are considered community prop...Sat, 15 Aug 2026 20:32:56 -0400https://blog.tonsmann.net/do-i-get-money-if-i-leave-my-job.htmlhttps://blog.tonsmann.net/do-i-get-money-if-i-leave-my-job.htmlNormally, you would be entitled to full pay up to the effective date of termination of employment (your last day of employment), including any holiday pay for holiday you have built up but not taken, overtime, bonuses and commission earned up to that date. What do you say when quitting a job because...Sat, 15 Aug 2026 20:32:50 -0400https://blog.tonsmann.net/does-an-s-corp-issue-a-k1.htmlhttps://blog.tonsmann.net/does-an-s-corp-issue-a-k1.htmlAn S corporation usually doesn’t pay its own tax. It passes income and deductions to the shareholders. S corporations are required to file Form 1120S, which will generate a Schedule K-1 for each owner. C corporations don’t issue K-1s to shareholders. Can an S corp be a single member LLC? Similar to ...Sat, 15 Aug 2026 20:25:37 -0400https://blog.tonsmann.net/will-my-ira-grow-without-contributions.htmlhttps://blog.tonsmann.net/will-my-ira-grow-without-contributions.htmlYour account can grow even in years in which you aren’t able to contribute. You earn interest, which gets added to your balance, and then you earn interest on the interest, and so on. The amount of growth your account generates can increase each year because of the magic of compound interest. Why is...Sat, 15 Aug 2026 19:36:37 -0400https://blog.tonsmann.net/how-can-i-cut-my-rent-in-half.htmlhttps://blog.tonsmann.net/how-can-i-cut-my-rent-in-half.htmlTop 10 Ways to Lower Your Monthly Rental Cost Negotiate With Your Property Owner. Use Craigslist to Secure a Roommate. Be Willing to Walk or Ride the Bus. Help Out the Landlord. Ask Someone You Know. Prepay or Sign a One-Year Lease. Work as an Apartment Manager. Expand Your Search for a New Ap...Sat, 15 Aug 2026 19:33:06 -0400https://blog.tonsmann.net/is-a-photo-booth-business-profitable.htmlhttps://blog.tonsmann.net/is-a-photo-booth-business-profitable.htmlPhoto booths are a highly profitable business venture. Due to the low cost for the equipment, the majority of costs involved in running your business comes down to cost of labor, and cost of marketing. Where did my photobooth go? The images captured in Photo Booth are found in its library. Go to you...Sat, 15 Aug 2026 18:54:07 -0400https://blog.tonsmann.net/does-the-irs-send-regular-mail.htmlhttps://blog.tonsmann.net/does-the-irs-send-regular-mail.htmlSome IRS notices are sent via certified mail, such as the Notice of Intent to Levy, while others are mailed via regular post, like changes made to your tax return. Read all IRS letters and notices you receive, both certified and via regular mail. Do not ignore any of them. Does the IRS send multiple...Sat, 15 Aug 2026 18:48:48 -0400https://blog.tonsmann.net/can-a-partnership-file-form-8832.htmlhttps://blog.tonsmann.net/can-a-partnership-file-form-8832.htmlAn eligible entity uses Form 8832 to elect how it will be classified for federal tax purposes, as a corporation, a partnership, or an entity disregarded as separate from its owner. Do I have to mail form 8332? Form 8332 Release/Revocation of Release of Claim to Exemption for Child by Custodial Paren...Sat, 15 Aug 2026 18:46:17 -0400https://blog.tonsmann.net/what-states-to-avoid-when-retiring.htmlhttps://blog.tonsmann.net/what-states-to-avoid-when-retiring.htmlPlaces to retire Worst States for Retirement Why You Should Think Twice 1) Illinois Poor fiscal health 2) California Expensive, and its finances are in disarray 3) New York Very high taxes, including property taxes 4) Rhode Island Worst-off state in the Northeast from a financial viewpoint; high tax...Sat, 15 Aug 2026 18:38:50 -0400https://blog.tonsmann.net/what-to-gather-before-doing-taxes.htmlhttps://blog.tonsmann.net/what-to-gather-before-doing-taxes.htmlMake sure you have documentation for each before you file: Retirement account contributions. You can deduct contributions to a traditional IRA or self-employed retirement account. Educational expenses. Medical bills. Property taxes and mortgage interest. Charitable donations. Classroom expenses...Sat, 15 Aug 2026 18:37:10 -0400https://blog.tonsmann.net/how-long-is-form-1065-return-of-partnership-income.htmlhttps://blog.tonsmann.net/how-long-is-form-1065-return-of-partnership-income.htmlForm 1065 U.S. Return of Partnership Income 2019 The Form 1065 U.S. Return of Partnership Income 2019 form is 5 pages long and contains: Use our library of forms to quickly fill and sign your IRS forms online. How to file a partnership return in New York? Partnership Return; Description of Form IT-2...Sat, 15 Aug 2026 18:35:03 -0400https://blog.tonsmann.net/when-does-the-tax-refund-window-close-for-2016.htmlhttps://blog.tonsmann.net/when-does-the-tax-refund-window-close-for-2016.htmlIf they do not file a tax return within three years, the money becomes the property of the U.S. Treasury. For 2016 tax returns, the window closes July 15, 2020, for most taxpayers. Are there any tax refunds left for 2016? The IRS estimates the midpoint for the potential refunds for 2016 to be $861 —...Sat, 15 Aug 2026 18:34:21 -0400https://blog.tonsmann.net/how-do-you-collect-money-from-a-trust.htmlhttps://blog.tonsmann.net/how-do-you-collect-money-from-a-trust.htmlHow Can I Get My Money Out of a Trust? Create a Revocable Trust. There are revocable and irrevocable living trusts. List Your Rights. Spell out your right to withdraw money in the trust documents. Name Yourself a Trustee. Put the name of the trust, with yourself as trustee, on the ownership docume...Sat, 15 Aug 2026 18:22:16 -0400https://blog.tonsmann.net/how-much-can-a-freelancer-make-before-paying-taxes.htmlhttps://blog.tonsmann.net/how-much-can-a-freelancer-make-before-paying-taxes.htmlWhat is self-employment tax? If you earn $400 or more in a year as a freelancer from any single employer, the Internal Revenue Service considers you self-employed and requires you to file taxes as a business owner. Do you get taxed more for freelance work? The Internal Revenue Service considers free...Sat, 15 Aug 2026 17:59:48 -0400https://blog.tonsmann.net/where-to-report-depreciation-adjustment-on-schedule-k-1.htmlhttps://blog.tonsmann.net/where-to-report-depreciation-adjustment-on-schedule-k-1.htmlFor example, if the partnership reports a section 743(b) adjustment to depreciation for property used in its trade or business, report the adjustment on line 28 of Schedule E (Form 1040) in accordance with the instructions for box 1 of Schedule K-1. How many questions are in the capital city quiz? Y...Sat, 15 Aug 2026 17:57:42 -0400https://blog.tonsmann.net/what-is-the-difference-between-a-independent-contractor-and-a-sole-pro.htmlhttps://blog.tonsmann.net/what-is-the-difference-between-a-independent-contractor-and-a-sole-pro.htmlAn independent contractor is someone who works for someone else, but not as an employee. The primary difference between an independent contractor and a sole proprietor is that an independent contractor usually provides a service rather than a product. Do I need a business to be an independent contra...Sat, 15 Aug 2026 17:56:06 -0400https://blog.tonsmann.net/do-tax-free-bonds-count-as-income.htmlhttps://blog.tonsmann.net/do-tax-free-bonds-count-as-income.htmlAlthough municipal bonds generally aren’t subject to federal taxes, the IRS does include income from such bonds in your modified adjusted gross income (MAGI) when determining how much of your Social Security benefit is taxable. Are bonds considered income? US Treasuries, bonds issued by the US Dept....Sat, 15 Aug 2026 17:44:40 -0400https://blog.tonsmann.net/is-seattle-a-good-city-to-retire-in.htmlhttps://blog.tonsmann.net/is-seattle-a-good-city-to-retire-in.htmlSeattle took the 68th spot on the list of the best cities to retire in, according to the study. Based on just affordability, Seattle took one of the last spots on the list, but it ranked more favorably for its quality of life and healthcare systems. How much money do you need to retire in Seattle? B...Sat, 15 Aug 2026 17:43:13 -0400https://blog.tonsmann.net/how-can-i-get-a-copy-of-my-w-2-from-walmart.htmlhttps://blog.tonsmann.net/how-can-i-get-a-copy-of-my-w-2-from-walmart.htmlThe best way to get your W-2 is to call your former employer Walmart if you have not received your W-2 by the second week in February (W-2’s are required to be mailed out by 1/31/2020). If you do not get your copy, please request they mail you another one so you have it. How do I get a copy of my mo...Sat, 15 Aug 2026 17:35:39 -0400https://blog.tonsmann.net/what-happens-if-your-w-2-has-the-wrong-state.htmlhttps://blog.tonsmann.net/what-happens-if-your-w-2-has-the-wrong-state.htmlTake your incorrect W-2 form to the manager for review. The manager will issue you a new W-2 form with the correct state as soon as possible. Call the IRS for assistance. The IRS will contact your employer to resolve the problem, such as requesting a corrected W-2 form be sent to you. How do I fix w...Sat, 15 Aug 2026 17:08:08 -0400https://blog.tonsmann.net/is-a-will-valid-after-divorce.htmlhttps://blog.tonsmann.net/is-a-will-valid-after-divorce.htmlUnlike divorce, marriage separation does not have an effect on your Will. In some jurisdictions, divorce will automatically render your Will invalid. In others, divorce will simply revoke your former spouse as your executor or any gift left them. Can I divorce someone who lives in another country? F...Sat, 15 Aug 2026 16:50:35 -0400https://blog.tonsmann.net/what-salary-do-i-need-to-live-in-san-francisco.htmlhttps://blog.tonsmann.net/what-salary-do-i-need-to-live-in-san-francisco.htmlRecommended Salary in San Francisco As the average cost of a one-bedroom apartment in San Francisco is $3,218, your monthly pre-tax earnings should total at least $9,654 to live comfortably in San Francisco. That translates to an annual pre-tax income of $109,152. What is a good salary in Bay Area? ...Sat, 15 Aug 2026 16:41:05 -0400https://blog.tonsmann.net/where-to-open-a-us-llc-when-you-live-abroad.htmlhttps://blog.tonsmann.net/where-to-open-a-us-llc-when-you-live-abroad.htmlWhere to register a US LLC when you live abroad. You can generally select any state to register the LLC. For taxpayers abroad, we typically recommend opening the LLC in Delaware, which has low taxes, maintenance fees and rigid corporate law. Wyoming is another great option. Can a foreigner start a b...Sat, 15 Aug 2026 16:24:59 -0400https://blog.tonsmann.net/can-an-independent-contractor-work-for-more-than-one-company.htmlhttps://blog.tonsmann.net/can-an-independent-contractor-work-for-more-than-one-company.htmlIndependent contractor agreements should only be used for people working as contractors. Unlike most employees, independent contractors can: Work for more than one company. Hire their own employees or contractors to help them with projects. Can I work on two contracts at the same time? There is no l...Sat, 15 Aug 2026 15:58:49 -0400https://blog.tonsmann.net/can-i-file-single-if-i-am-married-but-not-living-together-irs.htmlhttps://blog.tonsmann.net/can-i-file-single-if-i-am-married-but-not-living-together-irs.htmlFiling status The IRS considers you married for the entire tax year when you have no separation maintenance decree by the final day of the year. If you are married by IRS standards, You can only choose “married filing jointly” or “married filing separately” status. You cannot file as “single” or “he...Sat, 15 Aug 2026 15:52:03 -0400https://blog.tonsmann.net/why-is-my-tax-refund-so-large-this-year.htmlhttps://blog.tonsmann.net/why-is-my-tax-refund-so-large-this-year.htmlIt boils down to this: If you’re getting a sizable refund just about every year and you’re having federal taxes held out of your pay, you’re probably having too much held out for federal taxes. So when you get a big refund, you’re just getting your own money back. Is it normal to get a big tax refun...Sat, 15 Aug 2026 15:51:55 -0400https://blog.tonsmann.net/how-do-i-report-miscellaneous-income-on-1040.htmlhttps://blog.tonsmann.net/how-do-i-report-miscellaneous-income-on-1040.htmlIf you’re not an employee of the payer, and you’re not in a self-employed trade or business, you should report the income on line 8 of Schedule 1 (Form 1040), Additional Income and Adjustments to Income PDF and any allowable expenses on Schedule A (Form 1040), Itemized Deductions. Does 1099-MISC att...Sat, 15 Aug 2026 15:47:23 -0400https://blog.tonsmann.net/how-much-disability-will-my-child-get.htmlhttps://blog.tonsmann.net/how-much-disability-will-my-child-get.htmlGenerally, your child will receive up to 50% of your total SSDI benefit. It is important to note that there is a maximum amount that a family can receive based on one disabled individual’s benefits. The family limit is usually 150% – 180% of the SSDI benefit awarded to the disabled individual. How i...Sat, 15 Aug 2026 15:34:57 -0400https://blog.tonsmann.net/should-i-talk-to-my-bank-about-buying-a-house.htmlhttps://blog.tonsmann.net/should-i-talk-to-my-bank-about-buying-a-house.htmlMost people miss a key step before going to open houses and finding a real estate agent: talking to a mortgage lender. Not only does this help you better understand which loans are available to you, but it also makes you more attractive to sellers and real estate agents. WHO to meet with before buyi...Sat, 15 Aug 2026 15:28:32 -0400https://blog.tonsmann.net/what-is-a-704-b-capital-account.htmlhttps://blog.tonsmann.net/what-is-a-704-b-capital-account.htmlSection 704(b) accounts reflect a partner’s economic interest in the entity, GAAP balances report balances that comply with accounting board requirements, and tax basis balances reflect a partner’s capital balance under federal income tax principles. How do you find the beginning basis of a partners...Sat, 15 Aug 2026 15:23:37 -0400https://blog.tonsmann.net/what-are-the-major-problems-in-australia-right-now.htmlhttps://blog.tonsmann.net/what-are-the-major-problems-in-australia-right-now.htmlissues facing Australia were lack of jobs/ job security (33.9%), drug abuse (24.3%), housing affordability (24%) and health (19%). Cohort 1 saw the other most important issues as being the cost of living (21.1%), security / terrorism (18.8%), and the economy and education (both 16.8%). Why is Austra...Sat, 15 Aug 2026 15:19:25 -0400https://blog.tonsmann.net/can-i-fax-form-3949-a.htmlhttps://blog.tonsmann.net/can-i-fax-form-3949-a.htmlCAUTION: DO NOT USE Form 3949-A: o If you suspect your identity was stolen. Use Form 14039. Use Form 14242. Mail or FAX to the address or FAX number on the Form 14242. o To report misconduct or wrongdoing by a tax exempt organization or its officers, directors, or authorized persons. Where do I fax ...Sat, 15 Aug 2026 15:04:19 -0400https://blog.tonsmann.net/can-a-us-resident-file-for-a-child.htmlhttps://blog.tonsmann.net/can-a-us-resident-file-for-a-child.htmlLawful permanent residents can only file Form I-130 for an unmarried son or daughter (any age). Immigration law assigns these relationships to the family preference categories. There is no visa category for married children, sons or daughters of permanent residents. How long does it take for a U.S. ...Sat, 15 Aug 2026 14:49:17 -0400https://blog.tonsmann.net/can-i-live-and-work-in-sweden-with-a-british-passport.htmlhttps://blog.tonsmann.net/can-i-live-and-work-in-sweden-with-a-british-passport.htmlUK citizens can enter and stay in the Schengen area for a maximum of 90 days in any rolling 180-day period. The Schengen exemption applies from 1 January 2021. Third-country nationals coming to stay and work in Sweden for more than 90 days require a work permit or a residence permit. Can UK resident...Sat, 15 Aug 2026 14:47:50 -0400https://blog.tonsmann.net/what-is-the-medical-deduction-threshold-for-2019.htmlhttps://blog.tonsmann.net/what-is-the-medical-deduction-threshold-for-2019.htmlYou may deduct only the amount of your total medical expenses that exceed 7.5% of your adjusted gross income. What is the threshold for deducting medical expenses? For tax returns filed in 2021, taxpayers can deduct qualified, unreimbursed medical expenses that are more than 7.5% of their 2020 adjus...Sat, 15 Aug 2026 14:39:53 -0400https://blog.tonsmann.net/what-happens-if-i-turn-62-in-2020.htmlhttps://blog.tonsmann.net/what-happens-if-i-turn-62-in-2020.htmlThat age varies by year of birth, but if you’re turning 62 in 2020 and were therefore born in 1958, your full retirement age is 66 and eight months. Filing for Social Security at 62, therefore, would reduce your monthly benefits by almost 30% on a lifelong basis, and that’s a pretty big hit. Is the ...Sat, 15 Aug 2026 14:37:41 -0400https://blog.tonsmann.net/can-a-non-custodial-parent-claim-a-child-without-permission.htmlhttps://blog.tonsmann.net/can-a-non-custodial-parent-claim-a-child-without-permission.htmlNon custodial parent claimed child without permission It depends. If this is the only child on your return, and you had the legal right to claim the child, your best option right now is likely to mail in your return with proof that your child was living with you. What happens when both parents claim...Sat, 15 Aug 2026 14:12:23 -0400https://blog.tonsmann.net/what-is-the-cares-act-for-small-businesses.htmlhttps://blog.tonsmann.net/what-is-the-cares-act-for-small-businesses.htmlThe CARES Act provided $10 billion to fund cash grants for small businesses and nonprofits. The Coronavirus Relief Bill provides an additional $20 billion in grants for those in especially disadvantaged areas. Eligible businesses can receive up to $10,000 in financial aid to cover immediate operatin...Sat, 15 Aug 2026 14:11:48 -0400https://blog.tonsmann.net/how-much-does-it-cost-to-go-to-athens-greece.htmlhttps://blog.tonsmann.net/how-much-does-it-cost-to-go-to-athens-greece.htmlWe spent 3 days in Athens and coincidently you can get the 3-day tourist pass for €22.00 / $25.00. Otherwise, it’s €1.40/ $1.60 for a single 90-minute ticket. In Athens there is no Uber and taxis can be costly so using the metro is defiantly the quickest and most affordable way to see the city sight...Sat, 15 Aug 2026 13:40:08 -0400https://blog.tonsmann.net/does-an-llc-expire-in-california.htmlhttps://blog.tonsmann.net/does-an-llc-expire-in-california.htmlFor example, an LLC may be suspended, dissolved, or canceled. Each one essentially ends the “life” of the LLC but there are distinctions between each that may affect the members’ liabilities and duties. An LLC is “SOS Canceled” when done by the California Secretary of State for failure to pay filing...Sat, 15 Aug 2026 12:49:54 -0400https://blog.tonsmann.net/do-you-get-free-delivery-if-you-work-for-instacart.htmlhttps://blog.tonsmann.net/do-you-get-free-delivery-if-you-work-for-instacart.htmlAs always, Instacart Express members get free delivery on orders $35 or more per retailer. All orders must be at least $10 before being eligible for delivery. Can you work for both DoorDash and Instacart? Instacart is providing an incredibly valuable service delivering groceries, and both companies ...Sat, 15 Aug 2026 12:46:01 -0400