https://blog.tonsmann.netBright celeb buzz with polished internet shine.en-usSat, 15 Aug 2026 23:16:28 -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 -0400https://blog.tonsmann.net/are-all-us-companies-registered-in-delaware.htmlhttps://blog.tonsmann.net/are-all-us-companies-registered-in-delaware.htmlOver a million businesses—more than 50 percent of publicly traded companies in the U.S. and more than 60 percent of Fortune 500 companies—are incorporated in Delaware. Why do US companies register in Delaware? There are two major reasons for Delaware’s dominance of the corporate incorporation busine...Sat, 15 Aug 2026 12:28:48 -0400https://blog.tonsmann.net/what-can-you-pay-for-with-a-healthcare-flexible-spending-account.htmlhttps://blog.tonsmann.net/what-can-you-pay-for-with-a-healthcare-flexible-spending-account.htmlAn arrangement through your employer that lets you pay for many out-of-pocket medical expenses with tax-free dollars. Allowed expenses include insurance copayments and deductibles, qualified prescription drugs, insulin, and medical devices. What are FSA dollars? A health flexible spending account (F...Sat, 15 Aug 2026 12:14:15 -0400https://blog.tonsmann.net/how-much-does-a-corporation-have-to-pay-in-california.htmlhttps://blog.tonsmann.net/how-much-does-a-corporation-have-to-pay-in-california.htmlEvery corporation that is incorporated, registered, or doing business in California must pay the $800 minimum franchise tax. How does the state of California make money? In descending order, California receives its revenue from personal income taxes, sales and use taxes, corporation taxes, vehicle f...Sat, 15 Aug 2026 12:03:15 -0400https://blog.tonsmann.net/do-general-contractors-need-to-be-licensed-in-texas.htmlhttps://blog.tonsmann.net/do-general-contractors-need-to-be-licensed-in-texas.htmlGeneral contractor license There is no statewide requirement to get licensed as a general contractor. In addition, you will most likely also need to pass an exam and submit a Texas contractor license bond. The amount of your bond will vary depending on the license you are applying for and the local ...Sat, 15 Aug 2026 11:46:08 -0400https://blog.tonsmann.net/will-my-student-loan-payments-go-up-if-i-get-married.htmlhttps://blog.tonsmann.net/will-my-student-loan-payments-go-up-if-i-get-married.htmlIf you’re on an income-driven repayment plan for your federal student loans, getting married could affect your payments. If you file your taxes as “married filing jointly,” your income and your spouse’s income will be combined into one adjusted gross income. As a result, your bill could increase. Do...Sat, 15 Aug 2026 10:34:48 -0400https://blog.tonsmann.net/do-i-have-to-put-my-ira-on-my-tax-return.htmlhttps://blog.tonsmann.net/do-i-have-to-put-my-ira-on-my-tax-return.htmlDistributions from any type of IRA always show up on your taxes, even if they are tax-free. If you’ve made nondeductible contributions to your traditional IRA, you have to use Form 8606 to figure the taxable and nontaxable portion. Otherwise, the entire amount is taxable. How much tax will I pay on ...Sat, 15 Aug 2026 10:18:55 -0400https://blog.tonsmann.net/what-is-a-non-profit-financial-statement.htmlhttps://blog.tonsmann.net/what-is-a-non-profit-financial-statement.htmlA nonprofit’s statement of financial position (similar to a business’s balance sheet) reports the organization’s assets and liabilities in some order of when the assets will turn to cash and when the liabilities need to be paid. What are the financial statement prepared by NPO? Nonprofits use four m...Sat, 15 Aug 2026 09:53:11 -0400https://blog.tonsmann.net/can-i-update-my-business-address.htmlhttps://blog.tonsmann.net/can-i-update-my-business-address.htmlYou can change the registered office address for a private limited company directly with Companies House. To change the registered office address you will need to complete Companies House form AD01. To complete form AD01 you will be asked to provide the following information: Company Number. How do ...Sat, 15 Aug 2026 09:51:33 -0400https://blog.tonsmann.net/how-much-do-veterans-make-on-social-security.htmlhttps://blog.tonsmann.net/how-much-do-veterans-make-on-social-security.htmlThe average monthly Social Security benefit for veterans is $1,008 compared with $892 for male nonveterans (see Table 3). Among persons aged 62–74, monthly Social Security benefits average $1,028 for veterans and $957 for male nonveterans. Do you get more Social Security if you were in the military?...Sat, 15 Aug 2026 09:28:53 -0400https://blog.tonsmann.net/how-do-you-separate-a-business-partnership.htmlhttps://blog.tonsmann.net/how-do-you-separate-a-business-partnership.htmlDivide the partnership assets equitably. Upon dissolution, divide any assets and liabilities evenly among the former member partners. If you cannot come to an agreement with your partner, hire a mediator or file a civil lawsuit, and let the court divide the assets and liabilities. What happens when ...Sat, 15 Aug 2026 09:23:44 -0400https://blog.tonsmann.net/what-is-the-maximum-credit-under-the-secure-act.htmlhttps://blog.tonsmann.net/what-is-the-maximum-credit-under-the-secure-act.html$5,000 31, 2019, the credit is equal to 50% of the eligible expenses. The minimum credit is $500, and the maximum is $250 times the number of eligible non-highly compensated employees (NHCEs), with a maximum credit of $5,000. What is the Savers credit for 2020? 2020 Saver’s Credit Credit Rate Marrie...Sat, 15 Aug 2026 09:11:01 -0400https://blog.tonsmann.net/how-do-i-claim-exempt-from-mw507.htmlhttps://blog.tonsmann.net/how-do-i-claim-exempt-from-mw507.htmlIf you claim exemption under the SCRA enter your state of domicile (legal residence) on Line 5; enter “EXEMPT” in the box to the right on Line 5; and attach a copy of your spousal military identification card to Form MW507. Social Security numbers must be included. How do I fill out a w4 in Maryland...Sat, 15 Aug 2026 08:30:17 -0400https://blog.tonsmann.net/can-a-w-2-employee-incorporate-themselves.htmlhttps://blog.tonsmann.net/can-a-w-2-employee-incorporate-themselves.htmlSole proprietors can legally pay themselves by issuing draw checks from their business checking accounts. Draw checks are not the same as paying salaries and receiving W-2s. How much tax will I pay on my side business? A percentage of your profits will be taxed (usually by 20%). If you’re spending s...Sat, 15 Aug 2026 08:20:58 -0400https://blog.tonsmann.net/are-990-tax-returns-public-information.htmlhttps://blog.tonsmann.net/are-990-tax-returns-public-information.htmlPublicly available data on electronically filed Forms 990 is available in a machine-readable format through Amazon Web Services (AWS). The data includes Form 990, Form 990-EZ and Form 990-PF and related schedules, with the exception of certain donor information, from 2012 to the present. What is For...Sat, 15 Aug 2026 08:06:41 -0400https://blog.tonsmann.net/how-do-freelancers-do-marketing.htmlhttps://blog.tonsmann.net/how-do-freelancers-do-marketing.htmlHow to Become a Freelance Digital Marketer Build the necessary skills. Build your personal website. Start a digital marketing blog. Build your personal brand. Make connections with other freelancers. Choose your specialty. Learn how to create a services proposal. Set your prices. Does freelance digi...Sat, 15 Aug 2026 08:00:30 -0400https://blog.tonsmann.net/how-do-i-contact-hgtv-magazine.htmlhttps://blog.tonsmann.net/how-do-i-contact-hgtv-magazine.htmlOr email us. Or call: 800-840-8056. We will do our best to help! How much does HGTV magazine cost? HGTV Magazine is US$19.99 for one year in the U.S. Subscribe now to take advantage of this opportunity! Sales tax will be charged where applicable. Canadian and International subscribers will be charge...Sat, 15 Aug 2026 07:56:39 -0400https://blog.tonsmann.net/what-happens-if-you-have-2-paypal-accounts.htmlhttps://blog.tonsmann.net/what-happens-if-you-have-2-paypal-accounts.htmlYes. You can add more email addresses, debit or credit cards, and bank accounts to your account, but each account must have its own email address and financial information. You can also upgrade your Personal account to a Premier or Business account. Is it OK to have two PayPal accounts? Yes. You can...Sat, 15 Aug 2026 07:33:21 -0400https://blog.tonsmann.net/what-are-the-signs-of-dyscalculia.htmlhttps://blog.tonsmann.net/what-are-the-signs-of-dyscalculia.htmlTypical symptoms include: difficulty counting backwards. difficulty remembering ‘basic’ facts. slow to perform calculations. weak mental arithmetic skills. a poor sense of numbers & estimation. Difficulty in understanding place value. Addition is often the default operation. High levels of mathe...Sat, 15 Aug 2026 07:32:37 -0400https://blog.tonsmann.net/do-you-have-to-pay-taxes-on-inheritance-money-in-georgia.htmlhttps://blog.tonsmann.net/do-you-have-to-pay-taxes-on-inheritance-money-in-georgia.htmlGeorgia has no inheritance tax, but some people refer to estate tax as inheritance tax. The tax is paid by the estate before any assets are distributed to heirs. It is not paid by the person inheriting the assets. The amount paid to Georgia is a direct credit against the federal estate tax. Are inhe...Sat, 15 Aug 2026 07:29:57 -0400https://blog.tonsmann.net/how-many-nonprofits-are-there-in-new-hampshire.htmlhttps://blog.tonsmann.net/how-many-nonprofits-are-there-in-new-hampshire.htmlNH Nonprofits are Essential to the Vitality of our Communities. The NH Center for Nonprofits released the latest data on New Hampshire’s nonprofit sector. The report, entitled New Hampshire’s Nonprofit Sector in Brief focuses on the 6,547 charitable nonprofits located in New Hampshire. How to file a...Sat, 15 Aug 2026 07:17:18 -0400https://blog.tonsmann.net/what-qualifies-as-farm-income.htmlhttps://blog.tonsmann.net/what-qualifies-as-farm-income.htmlFarm income refers to profits and losses that are incurred through the operation of a farm or agricultural business. A farm income statement (sometimes called a farm profit and loss statement) is a summary of income and expenses that occurred during a specified accounting period. Is farm income taxe...Sat, 15 Aug 2026 07:04:47 -0400https://blog.tonsmann.net/should-you-sell-stock-before-or-after-earnings.htmlhttps://blog.tonsmann.net/should-you-sell-stock-before-or-after-earnings.htmlEarnings Season and How to Handle It Earnings season: It happens every quarter, like clockwork, yet many investors still get surprised by it. Option 1: Ignore earnings reports, and just buy and sell as you normally do. Option 2: Sell part of every growth stock you own before it reports earnings. W...Sat, 15 Aug 2026 06:52:05 -0400https://blog.tonsmann.net/do-you-get-a-w2-if-you-work-for-a-nonprofit.htmlhttps://blog.tonsmann.net/do-you-get-a-w2-if-you-work-for-a-nonprofit.htmlAll nonprofits are still responsible for collecting payroll taxes, remitting the money to the Internal Revenue Service and state governments and for providing proper documentation. According to the IRS, all employers must issue W-2 forms to employees each year, including nonprofits. Do nonprofits ne...Sat, 15 Aug 2026 06:28:47 -0400https://blog.tonsmann.net/are-inherited-iras-included-in-estate.htmlhttps://blog.tonsmann.net/are-inherited-iras-included-in-estate.htmlEstate tax issues After your death, the funds remaining in your IRA or retirement plan will be included in your taxable estate to determine if any federal estate tax is due. This is generally true regardless of whether you have named your estate, an individual, or a trust as beneficiary. What happen...Sat, 15 Aug 2026 06:28:13 -0400https://blog.tonsmann.net/how-do-i-set-up-a-family-reunion-committee.htmlhttps://blog.tonsmann.net/how-do-i-set-up-a-family-reunion-committee.htmlA Reunion Planning Committee can be formed to determine: Family Reunion Chairperson. Budget of the reunion, how to cover costs. Date. Location. Type of reunion if there is a theme, length of time it will be. Number of days to be spent together, keeping in mind travel time. Each committee’s chairman,...Sat, 15 Aug 2026 06:24:59 -0400https://blog.tonsmann.net/how-do-i-register-my-business-name-in-mississippi.htmlhttps://blog.tonsmann.net/how-do-i-register-my-business-name-in-mississippi.htmlYou can register a fictitious name with the Mississippi Secretary of State by filing a Fictitious Business Name Registration form using its online filing system. The filing fee is $25. Registration is not mandatory, but is recommended. How do I find out who owns a business in Mississippi? You can fi...Sat, 15 Aug 2026 06:20:12 -0400https://blog.tonsmann.net/how-does-charitable-remainder-trust-work.htmlhttps://blog.tonsmann.net/how-does-charitable-remainder-trust-work.htmlA Charitable Remainder Trust (CRT) is a gift of cash or other property to an irrevocable trust. The donor receives an income stream from the trust for a term of years or for life and the named charity receives the remaining trust assets at the end of the trust term. Is the income from a charitable r...Sat, 15 Aug 2026 06:10:24 -0400https://blog.tonsmann.net/can-workers-comp-be-permanent.htmlhttps://blog.tonsmann.net/can-workers-comp-be-permanent.htmlYou can only make one claim for permanent impairment compensation per injury. Workers who made a claim for permanent impairment before 19 June 2012 can make one further permanent impairment claim for a deterioration of their injury. Does workers comp pay permanent disability? For employees who suffe...Sat, 15 Aug 2026 06:08:03 -0400https://blog.tonsmann.net/can-i-carryover-rental-losses.htmlhttps://blog.tonsmann.net/can-i-carryover-rental-losses.htmlIf you’re not able to deduct your rental losses, the IRS allows you to carry the losses forward into future tax years to deduct against future rental profits. These losses can be carried forward indefinitely. This year you have a tax loss of $25,000 that you carry forward to next year. What is the m...Sat, 15 Aug 2026 05:33:25 -0400https://blog.tonsmann.net/are-manatee-county-tax-offices-open.htmlhttps://blog.tonsmann.net/are-manatee-county-tax-offices-open.htmlAll locations are currently closed except for First Manatee South County Tag Agency (open until 2:00 p.m.). This agency offers limited services. For details, please read our First Manatee South County Tag Agency FAQ. How do I register my car in Manatee County Florida? Motor vehicle, motorcycle, boat...Sat, 15 Aug 2026 05:31:47 -0400https://blog.tonsmann.net/is-money-in-a-checking-account-part-of-an-estate.htmlhttps://blog.tonsmann.net/is-money-in-a-checking-account-part-of-an-estate.htmlUnder normal circumstances, when you die the money in your bank accounts becomes part of your estate. However, POD accounts bypass the estate and probate process. The money in a POD account is kept out of probate court in the event the account holder dies. Whats included in gross estate? These asset...Sat, 15 Aug 2026 05:27:42 -0400https://blog.tonsmann.net/how-do-i-amend-my-nj-1065.htmlhttps://blog.tonsmann.net/how-do-i-amend-my-nj-1065.htmlAssistance from a Division representative is available by contacting the Division’s Customer Service Center at (609) 292-6400. An amended NJ-1065 must be filed if an amended federal Form 1065 is filed, or if the Internal Revenue Service changes or corrects any item of income, gain, or loss previousl...Sat, 15 Aug 2026 05:27:31 -0400https://blog.tonsmann.net/are-options-taxed-like-stocks.htmlhttps://blog.tonsmann.net/are-options-taxed-like-stocks.htmlWhen you sell stock you’ve acquired via the exercise of any type of option, you might face additional taxes. Just as if you bought a stock in the open market, if you acquire a stock by exercising an option and then sell it at a higher price, you have a taxable gain. How are options trading taxes cal...Sat, 15 Aug 2026 04:52:53 -0400https://blog.tonsmann.net/can-you-have-two-trucking-companies.htmlhttps://blog.tonsmann.net/can-you-have-two-trucking-companies.htmlMake sure the two businesses are separate. If you have two companies but operate both as a sole proprietor, you may not be able to get a second number. You should have a unique tax ID for each company that needs a DOT number. That way, there won’t be any overlap when you apply for the second one. Ho...Sat, 15 Aug 2026 04:20:08 -0400https://blog.tonsmann.net/are-tax-credits-still-available-for-solar-panels.htmlhttps://blog.tonsmann.net/are-tax-credits-still-available-for-solar-panels.htmlThe federal residential solar energy credit is a tax credit that can be claimed on federal income taxes for a percentage of the cost of a solar photovoltaic (PV) system. (Systems installed before December 31, 2019 were eligible for a 30% tax credit.) The tax credit expires starting in 2024 unless Co...Sat, 15 Aug 2026 04:14:31 -0400