https://blog.tonsmann.netBright celeb buzz with polished internet shine.en-usSun, 09 Aug 2026 18:04:10 -0400https://blog.tonsmann.net/how-much-does-an-employee-have-to-make-before-issuing-a-w-2.htmlhttps://blog.tonsmann.net/how-much-does-an-employee-have-to-make-before-issuing-a-w-2.htmlIf you made more than $600, your employer should send you a W-2 form. Employers have to issue each employee who earned at least $600 a W-2 form each year. That’s regardless of whether the period of employment was one week or 12 months. What happens if you don’t get a W2 form? Employers who fail to d...Sun, 09 Aug 2026 21:55:54 -0400https://blog.tonsmann.net/what-does-i-will-claim-the-standard-deduction-mean.htmlhttps://blog.tonsmann.net/what-does-i-will-claim-the-standard-deduction-mean.htmlThe standard deduction is the portion of income not subject to tax that can be used to reduce your tax bill. The Internal Revenue Service (IRS) allows you to take the standard deduction if you do not itemize your deductions using Schedule A of Form 1040 to calculate taxable income. What does the sta...Sun, 09 Aug 2026 21:44:02 -0400https://blog.tonsmann.net/what-kind-of-taxes-do-you-do-as-an-accountant.htmlhttps://blog.tonsmann.net/what-kind-of-taxes-do-you-do-as-an-accountant.htmlPreparation of monthly or quarterly sales tax, gross receipts tax, premiums tax, and other returns. Preparation of US federal, state, and Canadian income tax… More… What can a staff accountant do for You? Tax includes opportunities to prepare returns and perform tax planning and research. Staff Acco...Sun, 09 Aug 2026 20:45:13 -0400https://blog.tonsmann.net/are-uber-rides-to-work-tax-deductible.htmlhttps://blog.tonsmann.net/are-uber-rides-to-work-tax-deductible.htmlUnfortunately, no. The IRS considers commuting costs — meaning costs you incur to get back & forth to work — as non-deductible. Are transportation costs tax deductible? Unfortunately, commuting costs are not tax deductible. Commuting expenses incurred between your home and your main place of wor...Sun, 09 Aug 2026 20:26:17 -0400https://blog.tonsmann.net/do-i-have-to-report-my-ssi-on-my-taxes.htmlhttps://blog.tonsmann.net/do-i-have-to-report-my-ssi-on-my-taxes.htmlSupplemental security income (SSI) payments are NOT taxable, and thus do not need to be reported on your tax return. See IRS Publication 915 Social Security and Equivalent Railroad Retirement Benefits for more information. What does SSI count as income? What is income? SSI considers “income” anythin...Sun, 09 Aug 2026 20:24:55 -0400https://blog.tonsmann.net/can-you-deduct-mileage-on-schedule-c.htmlhttps://blog.tonsmann.net/can-you-deduct-mileage-on-schedule-c.htmlUse Schedule C to claim business mileage expenses as a sole proprietor. Complete Part II, Line 9 on Schedule C. Enter either the actual expenses or the standard mileage for your car’s business purposes. You will also add parking fees and tolls to the number. Where does business mileage go on Schedul...Sun, 09 Aug 2026 20:18:16 -0400https://blog.tonsmann.net/will-hmrc-pay-back-overpaid-tax.htmlhttps://blog.tonsmann.net/will-hmrc-pay-back-overpaid-tax.htmlIf HMRC are taking the money from your tax credits, and you can manage on the reduced amount, you don’t need to do anything. Your tax credits will be reduced from the date written on the overpayment letter. They’ll go back to the full amount once the overpayment has been paid. How does overpaid tax ...Sun, 09 Aug 2026 20:17:42 -0400https://blog.tonsmann.net/what-does-form-1099-c-cancellation-of-debt-mean.htmlhttps://blog.tonsmann.net/what-does-form-1099-c-cancellation-of-debt-mean.htmlWhat Is Form 1099-C: Cancellation of Debt? Form 1099-C (entitled Cancellation of Debt) is one of a series of “1099” forms used by the Internal Revenue Service (IRS) to report various payments and transactions, excluding employee wages. What happens to my tax return if I get a 1099c? According to the...Sun, 09 Aug 2026 20:09:05 -0400https://blog.tonsmann.net/what-income-is-not-taxable-in-florida.htmlhttps://blog.tonsmann.net/what-income-is-not-taxable-in-florida.htmlFlorida has no state income tax, which means Social Security retirement benefits, pension income and income from an IRA or a 401(k) are all untaxed. Florida has no estate or inheritance tax, and property and sales tax rates are close to national marks. Do I have to pay federal income tax if I live i...Sun, 09 Aug 2026 19:38:29 -0400https://blog.tonsmann.net/do-i-need-to-file-1099-k.htmlhttps://blog.tonsmann.net/do-i-need-to-file-1099-k.htmlThe IRS requires each payment settlement entity to send you a Form 1099-K by January 31 if it has processed at least $20,000 worth of payments and at least 200 transactions for you in the previous year. How can I file income under $600? Yes, unless the income is considered a gift, you need to report...Sun, 09 Aug 2026 19:09:24 -0400https://blog.tonsmann.net/can-reservists-be-officers.htmlhttps://blog.tonsmann.net/can-reservists-be-officers.htmlAn Army officer job is a full-time career, but becoming an Army Reserve officer is more like a demanding part-time job. After training or qualifying as an officer, you train for one weekend a month and two weeks a year while you’re in the Reserves. Are Army Reserves considered veterans? Thus former ...Sun, 09 Aug 2026 18:42:57 -0400https://blog.tonsmann.net/can-you-change-line-phone-number.htmlhttps://blog.tonsmann.net/can-you-change-line-phone-number.htmlTo change your phone number registered to LINE: 1. Tap the Home tab > Settings > Account. Tap Change next to Phone number. Is there a charge to change phone number? Every phone carrier has their own rules for changing your phone number. T-Mobile charges a $15 fee to change your phone number an...Sun, 09 Aug 2026 18:37:46 -0400https://blog.tonsmann.net/can-a-married-filing-jointly-file-a-tax-return.htmlhttps://blog.tonsmann.net/can-a-married-filing-jointly-file-a-tax-return.htmlIf he will not provide you with the tax information, you cannot prepare your return using the married filing jointly status. You also cannot sign your spouse’s name to the return without his consent. Do you have to file your taxes with your spouse? Filing jointly does have many advantages, but the I...Sun, 09 Aug 2026 18:23:44 -0400https://blog.tonsmann.net/how-to-report-mortgage-interest-on-form-1098.htmlhttps://blog.tonsmann.net/how-to-report-mortgage-interest-on-form-1098.htmlAbout Form 1098, Mortgage Interest Statement. Use Form 1098 to report mortgage interest of $600 or more received by you during the year in the course of your trade or business from an individual, including a sole proprietor. Form 1098. When to file a 1098 for a sole proprietorship? Use Form 1098, Mo...Sun, 09 Aug 2026 17:50:13 -0400https://blog.tonsmann.net/how-do-i-renew-my-business-license-in-colorado.htmlhttps://blog.tonsmann.net/how-do-i-renew-my-business-license-in-colorado.htmlHow do I file a renewal? Log in to your account with your user ID and password. Click on “File a document”. On the Available for Filing page, click on “Renew Registration.” If the renewal is due within 30 days or overdue, you can also access it from your dashboard. How do I renew my Nevada state bu...Sun, 09 Aug 2026 17:48:54 -0400https://blog.tonsmann.net/why-do-i-have-a-form-8995.htmlhttps://blog.tonsmann.net/why-do-i-have-a-form-8995.htmlUse Form 8995 to figure your qualified business income (QBI) deduction. However, your total QBI deduction is limited to 20% of your taxable income, calculated before the QBI deduction, minus net capital gain. How do I get rid of Form 8995? Delete Form 8995 Under Tax Tools, choose Tools. Choose Delet...Sun, 09 Aug 2026 17:38:39 -0400https://blog.tonsmann.net/what-is-the-penalty-for-not-paying-payroll-taxes-on-time.htmlhttps://blog.tonsmann.net/what-is-the-penalty-for-not-paying-payroll-taxes-on-time.htmlPenalty for not paying payroll taxes # Days Late Penalty 1 – 5 days 2% 6 – 15 days 5% 16+ days 10% 10+ days after first IRS bill 15% What is the IRS tax penalty for late payments? The Failure to Pay Penalty is 0.5% of the unpaid taxes for each month or part of a month the tax remains unpaid. The pen...Sun, 09 Aug 2026 17:35:56 -0400https://blog.tonsmann.net/how-many-participants-does-tiaa-have.htmlhttps://blog.tonsmann.net/how-many-participants-does-tiaa-have.htmlTIAA serves over 5 million active and retired employees participating at more than 15,000 institutions and has $1 trillion in combined assets under management with holdings in more than 50 countries (as of 31 December 2017). How do I withdraw money from my TIAA 403b? You can withdraw funds at any ti...Sun, 09 Aug 2026 17:25:20 -0400https://blog.tonsmann.net/can-you-write-off-food-as-a-business-expense.htmlhttps://blog.tonsmann.net/can-you-write-off-food-as-a-business-expense.htmlYou can deduct 50 percent of meal and beverage costs as a business expense. This applies if the meals are “ordinary and necessary” and incurred in the course of business. You or an employee needs to be present at the meal. The meal may not be lavish or extravagant under the circumstances. What expen...Sun, 09 Aug 2026 16:46:40 -0400https://blog.tonsmann.net/can-a-self-employed-parent-be-liable-for-child-maintenance.htmlhttps://blog.tonsmann.net/can-a-self-employed-parent-be-liable-for-child-maintenance.htmlA recent Department for Work and Pensions (DWP) study examining the attitudes and behaviours of self-employed parents liable for child maintenance noted that “category may contain some individuals who are less disposed to comply overall, and are actively seeking to reduce their liability by declarin...Sun, 09 Aug 2026 16:45:33 -0400https://blog.tonsmann.net/can-you-use-business-credit-card-points-for-personal.htmlhttps://blog.tonsmann.net/can-you-use-business-credit-card-points-for-personal.htmlIt’s generally OK to spend rewards from a business credit card on personal trips as well as business trips, since rewards usually aren’t taxable. If your business is a corporation or limited liability company (LLC), don’t use your business credit card for personal expenses, such as haircuts or cloth...Sun, 09 Aug 2026 16:37:06 -0400https://blog.tonsmann.net/what-does-it-mean-if-your-taxes-say-accessed.htmlhttps://blog.tonsmann.net/what-does-it-mean-if-your-taxes-say-accessed.htmlIt is a notification that a different device from the last time was used to access your account. What does it mean when TurboTax says your taxes were accessed? My tax return was accessed is just TurboTax telling you that you logged into your account and downloaded your return from the server. If you...Sun, 09 Aug 2026 16:28:40 -0400https://blog.tonsmann.net/how-long-does-it-take-to-get-your-refund-after-you-netfile.htmlhttps://blog.tonsmann.net/how-long-does-it-take-to-get-your-refund-after-you-netfile.htmlIf you Netfile your return, the average processing time is 10 business days. Paper filers can tack on another four to six weeks to that time. Once your return has been received by CRA, you can track the process in your CRA My Account. How long does CRA take to process NETFILE? about 2 weeks How Long...Sun, 09 Aug 2026 16:21:30 -0400https://blog.tonsmann.net/how-do-you-calculate-depreciation-on-assets-during-the-year.htmlhttps://blog.tonsmann.net/how-do-you-calculate-depreciation-on-assets-during-the-year.htmlStraight-Line Method Subtract the asset’s salvage value from its cost to determine the amount that can be depreciated. Divide this amount by the number of years in the asset’s useful lifespan. Divide by 12 to tell you the monthly depreciation for the asset. When an asset is bought in the previous ye...Sun, 09 Aug 2026 16:09:05 -0400https://blog.tonsmann.net/who-is-the-revenue-agent-for-the-irs.htmlhttps://blog.tonsmann.net/who-is-the-revenue-agent-for-the-irs.htmlA Revenue Agent, on the other hand, is someone who is employed by the IRS to audit taxpayers. The person who increases your taxes through an audit will not be the person who will be attempting to collect the taxes from you. After the IRS assesses the tax and you don’t pay, a series of notices will b...Sun, 09 Aug 2026 15:55:06 -0400https://blog.tonsmann.net/when-is-it-appropriate-for-a-married-couple-to-file-their-taxes-separa.htmlhttps://blog.tonsmann.net/when-is-it-appropriate-for-a-married-couple-to-file-their-taxes-separa.htmlMarried filing separately may be an appropriate option if there is a lack of trust. To file a joint tax return, both partners must consent, so filing separately can help if one spouse suspects the other of tax evasion or misfiling tax documents. Married filing separate can also accommodate couples w...Sun, 09 Aug 2026 15:52:30 -0400https://blog.tonsmann.net/do-small-businesses-need-1099.htmlhttps://blog.tonsmann.net/do-small-businesses-need-1099.htmlAs of 2020, businesses are required to send copies of Form 1099-NEC to the IRS and contractors if they pay $600 or more in compensation to non-employees throughout the year. In prior years (2019 and before), this was reported on 1099-MISC. How do I issue a 1099 for a small business? The easy way to ...Sun, 09 Aug 2026 15:38:18 -0400https://blog.tonsmann.net/does-a-llc-pay-quarterly-taxes.htmlhttps://blog.tonsmann.net/does-a-llc-pay-quarterly-taxes.htmlNo, the LLC does not have to file or pay quarterly taxes, but your wife as a self-employed individual will need to file an pay quarterly taxes. An LLC has no tax liability (other than employee taxes which you state there are none). All income flows through to each partner and is taxed at their indiv...Sun, 09 Aug 2026 15:02:55 -0400https://blog.tonsmann.net/is-turbotax-open-2021.htmlhttps://blog.tonsmann.net/is-turbotax-open-2021.htmlWhen can I file my 2020 tax return? (the taxes you file in 2021) TurboTax is now open and ready to help you prepare your tax return. IRS e-file opened on February 12th, so you can start filing today! How do I change my state on TurboTax? Please follow the steps below to change your state residency: ...Sun, 09 Aug 2026 14:50:25 -0400https://blog.tonsmann.net/what-is-considered-income-for-simple-ira.htmlhttps://blog.tonsmann.net/what-is-considered-income-for-simple-ira.htmlAll employees who received at least $5,000 in compensation from you during any 2 preceding calendar years (whether or not consecutive) and who are reasonably expected to receive at least $5,000 in compensation during the calendar year, are eligible to participate in the SIMPLE IRA plan for the calen...Sun, 09 Aug 2026 14:35:31 -0400https://blog.tonsmann.net/do-credit-unions-issue-1099-int.htmlhttps://blog.tonsmann.net/do-credit-unions-issue-1099-int.htmlYour credit union will report the amount of any dividends credited to your interest-bearing accounts on your monthly statement. Your credit union should also provide you with a Form 1099-INT after the end of the tax year if your total dividends for the year amounted to $10 or more. What happens if y...Sun, 09 Aug 2026 13:59:16 -0400https://blog.tonsmann.net/how-do-i-know-if-i-get-the-actc.htmlhttps://blog.tonsmann.net/how-do-i-know-if-i-get-the-actc.htmlHere are the steps you would take to get the ACTC: You would begin by subtracting $3,000 from $75,000, which equals $72,000 – the earned income above the $3,000 threshold. Multiply 15% by the earned income ($72,000), which equals $10,800 – the amount to determine the ACTC. Where is the ACTC reported...Sun, 09 Aug 2026 13:13:07 -0400https://blog.tonsmann.net/what-happens-to-your-social-security-when-you-turn-66.htmlhttps://blog.tonsmann.net/what-happens-to-your-social-security-when-you-turn-66.htmlLink copied! You probably know you get a bump in monthly Social Security income for each year you delay benefits between ages 62 and 70. What you may not be aware of: all the goodies you can get on one birthday in that stretch—your 66th, which Social Security defines for now as “full retirement age”...Sun, 09 Aug 2026 13:12:43 -0400https://blog.tonsmann.net/do-you-pay-less-tax-when-married-ireland.htmlhttps://blog.tonsmann.net/do-you-pay-less-tax-when-married-ireland.htmlIf you get married, both you and your spouse continue to be treated as single people for tax purposes in that year. If, however, the tax you pay as two single people is greater than the tax that would be payable if you were taxed as a married couple, you can claim the difference a tax refund. Can I ...Sun, 09 Aug 2026 13:11:42 -0400https://blog.tonsmann.net/can-all-nol-be-carried-back-5-years.htmlhttps://blog.tonsmann.net/can-all-nol-be-carried-back-5-years.htmlA1. Yes. Generally, you are required to carry back any NOL arising in a taxable year beginning in 2018, 2019, or 2020, to each of the five taxable years preceding the taxable year in which the loss arises. How many years can you carryback an NOL? 5 years New rules for NOL carrybacks. Section 2303 of...Sun, 09 Aug 2026 13:10:27 -0400https://blog.tonsmann.net/is-ssn-required-for-child-tax-credit.htmlhttps://blog.tonsmann.net/is-ssn-required-for-child-tax-credit.htmlThe child must have an SSN to be a qualifying child eligible for the child tax credit (CTC) or the additional child tax credit (ACTC). To be a qualifying child for the child tax credit, the child must be a U.S. citizen, U.S. national or U.S. resident alien, and must not have attained age 17 by the e...Sun, 09 Aug 2026 13:06:27 -0400https://blog.tonsmann.net/can-a-small-business-own-its-own-building.htmlhttps://blog.tonsmann.net/can-a-small-business-own-its-own-building.htmlBut many unwittingly ignore an opportunity – they never consider purchasing their commercial properties. YPO member Chris Hurn has made it his business to help small business owners generate wealth. He is the founder and CEO of Fountainhead Commercial Capital, a financing company that helps small bu...Sun, 09 Aug 2026 13:03:53 -0400https://blog.tonsmann.net/how-long-can-a-taxpayer-carry-forward-a-2020-nol.htmlhttps://blog.tonsmann.net/how-long-can-a-taxpayer-carry-forward-a-2020-nol.html5 years Section 2303 of the CARES Act amended section 172 as revised by the Tax Cuts and Jobs Act (TCJA), section 13302, for tax years 2018, 2019, and 2020. Taxpayers can carry back NOLs, including non-farm NOLs, arising from tax years beginning in 2018, 2019, and 2020 for 5 years. What are tax loss...Sun, 09 Aug 2026 12:52:59 -0400https://blog.tonsmann.net/how-much-do-independent-software-developers-make.htmlhttps://blog.tonsmann.net/how-much-do-independent-software-developers-make.htmlFreelance Software Developer Salary Annual Salary Monthly Pay Top Earners $167,500 $13,958 75th Percentile $124,500 $10,375 Average $113,499 $9,458 25th Percentile $65,500 $5,458 How much money can a freelance programmer make? Freelance Programmer Salary Annual Salary Hourly Wage Top Earners $118,...Sun, 09 Aug 2026 12:27:08 -0400https://blog.tonsmann.net/what-are-the-4-requirements-for-confirmation.htmlhttps://blog.tonsmann.net/what-are-the-4-requirements-for-confirmation.htmlRequirements for receiving the Sacrament of Confirmation. Attendance at 26 RE classes. ( There are 31 classes.) PRAYERS TO BE KNOWN. AN ACT OF HOPE. THE HOLY ROSARY. MYSTERIES OF THE ROSARY. THE SACRAMENTS. WHO SHOULD BE CHOSEN AS GODPARENTS FOR BAPTISM? WHAT IS CONTRITION? What are the Confi...Sun, 09 Aug 2026 12:20:34 -0400https://blog.tonsmann.net/when-do-you-get-a-notice-from-the-irs.htmlhttps://blog.tonsmann.net/when-do-you-get-a-notice-from-the-irs.html“These notices impose unnecessary stress on taxpayers who, upon receipt, must contact the IRS for assistance,” Neal said. The IRS is aware of the backlog and will process mailed payments as of the day they were received, rather than the date they were processed, according to an Aug. 13 notice from t...Sun, 09 Aug 2026 11:48:58 -0400https://blog.tonsmann.net/how-many-times-can-you-file-form-8863.htmlhttps://blog.tonsmann.net/how-many-times-can-you-file-form-8863.htmlIn order to claim these credits, you have to fill out Form 8863 and attach it to your tax return. While you can’t claim both credits for one student, you can use one form to claim both credits for separate students. Why am I not eligible for an education deduction or credit? You cannot claim an educ...Sun, 09 Aug 2026 11:37:05 -0400https://blog.tonsmann.net/why-do-i-have-to-fill-out-a-w4-form.htmlhttps://blog.tonsmann.net/why-do-i-have-to-fill-out-a-w4-form.htmlIf you’re filling out a W4 form, it likely means you have a new job or have gone through changes to your financial situation. If the reason you’re filling it out is a new job or an addition to the family, congratulations! Don’t forget to also sign up for your job’s 401K retirement plan AND open an I...Sun, 09 Aug 2026 11:36:18 -0400https://blog.tonsmann.net/how-do-you-calculate-lifetime-value-of-customer-ltv.htmlhttps://blog.tonsmann.net/how-do-you-calculate-lifetime-value-of-customer-ltv.htmlIn the simplest form, LTV equals Lifetime Customer Revenue minus Lifetime Customer Costs. Using a simple example, if a customer purchases $1,000 worth of products or services from your business over the lifetime of your relationship, and the total cost of sales and service to the customer is $500, t...Sun, 09 Aug 2026 11:31:04 -0400https://blog.tonsmann.net/can-i-cancel-solar-contract-before-installation.htmlhttps://blog.tonsmann.net/can-i-cancel-solar-contract-before-installation.htmlIf you have regrets and wish to back out of a solar lease, you might be able to cancel it before the installation of the solar system. The time frame to cancel leasing without any penalties depends on the solar company policy but usually, it is a one month period after you sign the solar contract. C...Sun, 09 Aug 2026 11:16:43 -0400https://blog.tonsmann.net/how-much-do-pharmacy-consultants-make.htmlhttps://blog.tonsmann.net/how-much-do-pharmacy-consultants-make.htmlConsultant Pharmacist Salaries Job Title Salary MediSystem Consultant Pharmacist salaries – 2 salaries reported $102,889/yr Shoppers Drug Mart Pharmacist salaries – 144 salaries reported $46/hr Shoppers Drug Mart Staff Pharmacist salaries – 73 salaries reported $49/hr Is consulting fee taxable? The ...Sun, 09 Aug 2026 11:15:29 -0400https://blog.tonsmann.net/does-social-security-ever-contact-you-by-email.htmlhttps://blog.tonsmann.net/does-social-security-ever-contact-you-by-email.htmlSocial Security may email or text you about programs and services, but will never ask for a return call to an unknown number. Is an email from DoNotReply SSA Gov legit? Currently, Social Security sends emails from [email protected], [email protected], [email protected], [email pr...Sun, 09 Aug 2026 10:55:26 -0400https://blog.tonsmann.net/can-you-deduct-home-repair-costs-on-taxes.htmlhttps://blog.tonsmann.net/can-you-deduct-home-repair-costs-on-taxes.htmlHome repairs are not deductible but home improvements are. If you use your home purely as your personal residence, you obtain no tax benefits from repairs. You cannot deduct any part of the cost. Are home repairs tax deductible 2019? Repairs and renovations have different tax rules. Repairs are expe...Sun, 09 Aug 2026 10:29:45 -0400https://blog.tonsmann.net/who-must-file-il-990.htmlhttps://blog.tonsmann.net/who-must-file-il-990.htmlIf the organization has more than $25,000 in gross revenue and assets, they must file Form AG990-IL with a copy of their IRS Return or Report (IRS 990, 990EZ, 990PD, etc.). Two individuals (the president or authorized officer and the treasurer or two trustees of the organization) must sign the AG990...Sun, 09 Aug 2026 10:22:30 -0400https://blog.tonsmann.net/when-must-simple-ira-contributions-be-made.htmlhttps://blog.tonsmann.net/when-must-simple-ira-contributions-be-made.htmlContributions to SIMPLE IRA plans that are taken from an employee’s paycheck as a salary-reduction contribution are due within 30 days of the month in which the deferred payments were made. Can I deduct my SIMPLE IRA contributions? No, employee contributions to a SIMPLE IRA plan are not deductible b...Sun, 09 Aug 2026 10:16:13 -0400https://blog.tonsmann.net/do-i-need-to-file-form-1065-if-no-income.htmlhttps://blog.tonsmann.net/do-i-need-to-file-form-1065-if-no-income.htmlExcept as provided below, every domestic partnership must file Form 1065, unless it neither receives income nor incurs any expenditures treated as deductions or credits for federal income tax purposes. Who has to file an M 3? Any entity that files Form 1065 must file Schedule M-3 (Form 1065) if any ...Sun, 09 Aug 2026 09:43:47 -0400https://blog.tonsmann.net/what-is-ein-in-full.htmlhttps://blog.tonsmann.net/what-is-ein-in-full.htmlAn Employer Identification Number (EIN) is a unique identification number that is assigned to a business entity so that it can easily be identified by the Internal Revenue Service (IRS). It is commonly used by employers for the purpose of reporting taxes. The EIN is also known as a Federal Tax Ident...Sun, 09 Aug 2026 09:43:06 -0400https://blog.tonsmann.net/can-you-claim-spousal-spouse-for-non-resident-in-canada.htmlhttps://blog.tonsmann.net/can-you-claim-spousal-spouse-for-non-resident-in-canada.htmlTo support a spousal tax credit claim for a non-resident spouse, you must provide with your income tax return proof of the amounts contributed as support. If your non-resident spouse has to file a Canadian tax return, it will have to be done separately. Do I have to pay California income tax if I do...Sun, 09 Aug 2026 09:42:46 -0400https://blog.tonsmann.net/what-makes-you-a-resident-of-new-mexico.htmlhttps://blog.tonsmann.net/what-makes-you-a-resident-of-new-mexico.htmlA New Mexico Resident is an individual who is domiciled in New Mexico or physically present in the state for 185 days or more (no matter where domiciled). A Nonresident is an individual that is not domiciled in New Mexico for any part of the year and did not spend 185 days or more in New Mexico. How...Sun, 09 Aug 2026 09:35:33 -0400https://blog.tonsmann.net/does-interest-income-count-against-social-security-earnings.htmlhttps://blog.tonsmann.net/does-interest-income-count-against-social-security-earnings.htmlPension payments, annuities, and the interest or dividends from your savings and investments are not earnings for Social Security purposes. At what income do you no longer pay Social Security? What Is the Social Security Tax Limit? You aren’t required to pay the Social Security tax on any income bey...Sun, 09 Aug 2026 09:35:18 -0400https://blog.tonsmann.net/will-a-real-estate-pay-you-an-interest.htmlhttps://blog.tonsmann.net/will-a-real-estate-pay-you-an-interest.htmlWhen you receive a loan of any kind, it is more than likely you will pay interest. However, once a borrower has “locked in” an interest rate on a fixed-rate mortgage loan, that interest rate will not change. It will remain the same for the entire length of the loan. Is interest rate higher for inves...Sun, 09 Aug 2026 09:26:45 -0400https://blog.tonsmann.net/when-to-receive-pay-when-becoming-a-family-caregiver.htmlhttps://blog.tonsmann.net/when-to-receive-pay-when-becoming-a-family-caregiver.htmlGetting paid by a family member If the person needing assistance is mentally sound and has sufficient financial resources, that person can choose to compensate a family member for the same services a professional home health care worker would provide. How many hours do caregivers work without pay? A...Sun, 09 Aug 2026 09:13:07 -0400https://blog.tonsmann.net/are-there-any-cpas-specializing-in-international-tax-law.htmlhttps://blog.tonsmann.net/are-there-any-cpas-specializing-in-international-tax-law.htmlWe are a team of Tax Attorneys, CPAs and EAs in a law firm experienced in international tax law, so you can count on our experience and knowledge. Today, business affairs extend beyond domestic borders to a global market. Who is the best international tax law attorney? If you are facing a complex ta...Sun, 09 Aug 2026 09:07:44 -0400https://blog.tonsmann.net/how-much-does-a-ct-scan-cost-2020.htmlhttps://blog.tonsmann.net/how-much-does-a-ct-scan-cost-2020.htmlIn general, you can expect to see CT scan costs that range from $270 on the very low end to nearly $5,000 on the high end. The cost varies depends on the facility, your location, and factors such as whether you pay in cash or bill your insurance provider. Which CT scanner is most advanced? The devic...Sun, 09 Aug 2026 09:04:29 -0400https://blog.tonsmann.net/how-much-is-a-honda-passport-2019.htmlhttps://blog.tonsmann.net/how-much-is-a-honda-passport-2019.htmlThe 2019 Honda Passport carries a Manufacturer’s Suggested Retail Price (MSRP) starting at $31,990 for the Sport trim. For the loaded Elite, you’re looking at $43,680. Are 2019 Honda Passport selling well? Such was the case when looking at Honda’s sales reports for September 2020, when the company r...Sun, 09 Aug 2026 08:50:17 -0400https://blog.tonsmann.net/how-long-do-injury-settlements-take.htmlhttps://blog.tonsmann.net/how-long-do-injury-settlements-take.htmlHalf of our readers resolved their personal injury claims within two months to a year, while 30% of readers waited over a year for their cases to be resolved. The overall average was 11.4 months. It’s natural to want a quick payout, but a faster resolution doesn’t necessarily mean a better result. W...Sun, 09 Aug 2026 08:06:39 -0400https://blog.tonsmann.net/how-many-civilian-personal-works-does-the-defense-department-have.htmlhttps://blog.tonsmann.net/how-many-civilian-personal-works-does-the-defense-department-have.html718,000 civilian personnel With over 1.4 million men and women on active duty, and 718,000 civilian personnel, we are the nation’s largest employer. Another 1.1 million serve in the National Guard and Reserve forces. Can you work for the DoD as a civilian? The Department of Defense welcomes veterans...Sun, 09 Aug 2026 08:02:30 -0400https://blog.tonsmann.net/how-do-you-find-net-total-income.htmlhttps://blog.tonsmann.net/how-do-you-find-net-total-income.htmlTo calculate net income for a business, start with a company’s total revenue. From this figure, subtract the business’s expenses and operating costs to calculate the business’s earnings before tax. Deduct tax from this amount to find the NI. What is total net income? Net income is your take-home pay...Sun, 09 Aug 2026 07:58:13 -0400https://blog.tonsmann.net/where-is-profit-and-loss-statement-on-tax-return.htmlhttps://blog.tonsmann.net/where-is-profit-and-loss-statement-on-tax-return.htmlProfit or Loss From Business (Sole Proprietorship): Schedule C (Form 1040) The IRS requires sole proprietors to use Profit or Loss From Business (Sole Proprietorship) (Schedule C (Form 1040)), to report either income or loss from their businesses. How do you do profit and loss on taxes? How to write...Sun, 09 Aug 2026 07:53:09 -0400https://blog.tonsmann.net/what-is-a-sfc-5471.htmlhttps://blog.tonsmann.net/what-is-a-sfc-5471.htmlFor purposes of Category 1, an SFC (as defined in section 965) is: A CFC (see Category 5 Filer, later, for a definition), or. Any foreign corporation with respect to which one or more domestic corporations is a U.S. shareholder. Can I efile form 5471? At this time, we only support the creation and e...Sun, 09 Aug 2026 07:42:30 -0400https://blog.tonsmann.net/how-do-you-answer-what-you-want-to-be-paid.htmlhttps://blog.tonsmann.net/how-do-you-answer-what-you-want-to-be-paid.htmlHere are a few honest ways to tackle the question: Tell the truth. Be honest about what you make, but also say how much money you’d require to accept the new position. Explain what you’d like to make. Don’t say exactly what you’d like to make, but offer a salary range. Turn the question on its he...Sun, 09 Aug 2026 07:38:30 -0400https://blog.tonsmann.net/what-questions-should-i-ask-when-transitioning-into-a-new-role.htmlhttps://blog.tonsmann.net/what-questions-should-i-ask-when-transitioning-into-a-new-role.htmlOnboarding What do we need to do in the first week? The first 30 days? The first quarter? Who do we need to meet, and what’s the best way to connect with them? What don’t we know—and what will we be expected to know? If we find ourselves struggling, how will we ask for help or guidance? What are som...Sun, 09 Aug 2026 06:56:34 -0400https://blog.tonsmann.net/what-kind-of-tax-return-does-a-llc-file.htmlhttps://blog.tonsmann.net/what-kind-of-tax-return-does-a-llc-file.htmlThe LLC files an informational partnership tax return (Form 1065). The income and expenses of the partnership pass through to the owners’ personal tax returns. To learn more about pass through income, read this post. When do I need to file a Schedule C tax return? A taxpayer is required to file Sche...Sun, 09 Aug 2026 06:23:42 -0400https://blog.tonsmann.net/can-you-get-money-back-from-a-company-in-liquidation.htmlhttps://blog.tonsmann.net/can-you-get-money-back-from-a-company-in-liquidation.htmlIf the business has gone into liquidation, write to the administrator dealing with the company to register your claim, explaining exactly how much money you’re owed, and what it’s for. There’s no guarantee you’ll get all or any of your money back because it’s likely the company has many debts. What ...Sun, 09 Aug 2026 06:12:58 -0400https://blog.tonsmann.net/does-turbotax-work-with-itin-number.htmlhttps://blog.tonsmann.net/does-turbotax-work-with-itin-number.htmlYou cannot apply for an ITIN through TurboTax unfortunately. You will have to file a Form W-7 separately to obtain the identification number. How long is an ITIN valid for? three years Your ITIN may expire before you file a tax return in 2021. All ITINs not used on a federal tax return at least once...Sun, 09 Aug 2026 05:44:21 -0400https://blog.tonsmann.net/when-is-it-better-to-file-taxes-jointly-or-separately.htmlhttps://blog.tonsmann.net/when-is-it-better-to-file-taxes-jointly-or-separately.htmlIn some instances, love doesn’t have a place in your tax return. While most married couples file joint tax returns, filing separately may be better in certain situations. Couples can benefit from filing separately if there’s a big disparity in their respective incomes, and the lower-paid spouse is e...Sun, 09 Aug 2026 05:35:42 -0400https://blog.tonsmann.net/are-surrogate-medical-expenses-tax-deductible.htmlhttps://blog.tonsmann.net/are-surrogate-medical-expenses-tax-deductible.htmlBased on the facts and representations submitted, we conclude that the costs and fees related to egg donation, IVF procedures, and gestational surrogacy do not qualify as deductible medical expenses under I.R.C. Can you deduct egg donor fees on taxes? Similarly, expenses the taxpayer pays to obtain ...Sun, 09 Aug 2026 05:29:10 -0400https://blog.tonsmann.net/do-you-get-spot-price-when-selling-gold.htmlhttps://blog.tonsmann.net/do-you-get-spot-price-when-selling-gold.htmlWhy You Won’t Get Exactly the Spot Price When You Sell Gold They also need to cover the costs associated with melting and refining your gold jewelry so that it can be reused. As such, the amount of money you’ll receive from the business buying your gold won’t be the exact gold spot price. How much o...Sun, 09 Aug 2026 05:05:48 -0400https://blog.tonsmann.net/do-you-get-money-back-on-taxes-when-you-refinance.htmlhttps://blog.tonsmann.net/do-you-get-money-back-on-taxes-when-you-refinance.htmlThe IRS doesn’t view the money you take from a cash-out refinance as income – instead, it’s considered an additional loan. You don’t need to include the cash from your refinance as income when you file your taxes. When refinancing my home do I get the escrow refund after? When you refinance a loan, ...Sun, 09 Aug 2026 05:04:59 -0400https://blog.tonsmann.net/how-does-the-1098-t-affect-my-taxes.htmlhttps://blog.tonsmann.net/how-does-the-1098-t-affect-my-taxes.htmlA form 1098-T, Tuition Statement, is used to help figure education credits (and potentially, the tuition and fees deduction) for qualified tuition and related expenses paid during the tax year. The tuition and fees deduction can reduce the amount of your income subject to tax by up to $4,000. What i...Sun, 09 Aug 2026 04:42:54 -0400https://blog.tonsmann.net/who-should-file-taxes-as-head-of-household.htmlhttps://blog.tonsmann.net/who-should-file-taxes-as-head-of-household.htmlTo file as head of household, you must: Pay for more than half of the household expenses. Be considered unmarried for the tax year, and. You must have a qualifying child or dependent. Do you need a dependent to claim head of household? Generally, to qualify for head of household filing status, you m...Sun, 09 Aug 2026 04:01:12 -0400https://blog.tonsmann.net/how-do-i-get-a-copy-of-my-1099-r-from-dfas.htmlhttps://blog.tonsmann.net/how-do-i-get-a-copy-of-my-1099-r-from-dfas.htmlAutomated Phone System: Call 800-321-1080. Select option 1 for Military Retired and Annuitant Pay. Select option 1 “To Use our automated self-service system and reissue a 1099R.” Select option 1 to request a 1099-R 24 hours a day, seven days a week, without waiting to speak to a customer service rep...Sun, 09 Aug 2026 03:55:39 -0400https://blog.tonsmann.net/when-do-you-get-a-notice-of-intent-to-levy.htmlhttps://blog.tonsmann.net/when-do-you-get-a-notice-of-intent-to-levy.htmlNotice of intent to seize (levy) your property or rights to property. Sometimes considered an early notice because the IRS must notify you of your right to a hearing before most levies and CP504 doesn’t. But that notice will follow very quickly. This may also be the only notice you receive if the IR...Sun, 09 Aug 2026 03:55:05 -0400https://blog.tonsmann.net/does-calfresh-request-bank-statements.htmlhttps://blog.tonsmann.net/does-calfresh-request-bank-statements.htmlYou may qualify for CalFresh even if you have cash on hand, money in the bank, own a car, own property or have other assets. ✓ Bank statements (if you have an account). ✓ Proof of where you live (if you don’t have an address you may use the DPSS office address). How do you show proof of income for f...Sun, 09 Aug 2026 02:57:00 -0400https://blog.tonsmann.net/can-i-work-for-myself-as-a-bookkeeper.htmlhttps://blog.tonsmann.net/can-i-work-for-myself-as-a-bookkeeper.htmlWork for yourself The most exciting option is starting your own contract bookkeeping business. Contract bookkeepers are usually self-employed bookkeepers who provide bookkeeping services to other businesses. Most contract bookkeepers are hired by businesses for one reason: to do the BAS. How do I se...Sun, 09 Aug 2026 02:54:35 -0400https://blog.tonsmann.net/do-businesses-have-to-withhold-taxes.htmlhttps://blog.tonsmann.net/do-businesses-have-to-withhold-taxes.htmlEmployers generally must withhold federal income tax from employees’ wages. You must deposit your withholdings. The requirements for depositing, as explained in Publication 15, vary based on your business and the amount you withhold. What does withholding tax mean in business? A withholding tax take...Sun, 09 Aug 2026 02:43:06 -0400https://blog.tonsmann.net/do-you-have-to-have-an-llc-for-a-podcast.htmlhttps://blog.tonsmann.net/do-you-have-to-have-an-llc-for-a-podcast.htmlIt really depends on how risk-tolerant you are. If you’re worried about your assets, you might want to form a corporation or an LLC sooner rather than later. But if it’s just you, making your own podcast without aggressive monetization plans, you’re probably okay. Time for an LLC! Can you get an LLC...Sun, 09 Aug 2026 02:14:09 -0400https://blog.tonsmann.net/can-a-creditor-send-a-1099c-3-years-after-the-debt-is-cancelled.htmlhttps://blog.tonsmann.net/can-a-creditor-send-a-1099c-3-years-after-the-debt-is-cancelled.htmlBased on the information below, the creditor may not have cancelled the debt at that time . If the Form 1099C is dated 2017, this would indicate the debt was not cancelled until 2017, which means it is required to be included on your tax return. If the Form 1099C has a date for a prior year, then it...Sun, 09 Aug 2026 02:13:16 -0400https://blog.tonsmann.net/how-does-home-depot-give-w-2.htmlhttps://blog.tonsmann.net/how-does-home-depot-give-w-2.htmlYour W2 may be available online through the Tax Form Management system if your employer is registered. The Home Depot also offers electronic access to W-2 statements and options to update tax withholding elections. Does Home Depot send out W-2? The Home Depot offers electronic access to W-2 statemen...Sun, 09 Aug 2026 02:13:11 -0400https://blog.tonsmann.net/what-are-the-3-ministries-of-the-church.htmlhttps://blog.tonsmann.net/what-are-the-3-ministries-of-the-church.htmlOne can identify three categories of lay ministry which pertain to the three offices of the Church. There are also different types of lay ministries, namely, installed ministries, commissioned/assigned ministries, and de facto ministries. 1. Should churches file 501c3? Churches (including integrated...Sun, 09 Aug 2026 02:13:04 -0400https://blog.tonsmann.net/can-you-carry-forward-child-care-expenses.htmlhttps://blog.tonsmann.net/can-you-carry-forward-child-care-expenses.htmlAs I mentioned any changes other then medical receipts or unused rrsps can be claimed carried forward, however for childcare it must be entered in the year that you have paid it. Can child care expenses be split? In most cases, child care expenses are claimed by the parent with the lower net income....Sun, 09 Aug 2026 02:06:30 -0400https://blog.tonsmann.net/what-are-5-responsibilities-of-caregivers.htmlhttps://blog.tonsmann.net/what-are-5-responsibilities-of-caregivers.htmlCaregiver duties and responsibilities Home management and care planning. Medical advocacy. Prescription medication management. Help with personal hygiene and care. Assisting with meals and nutrition. Help with mobility. Home maintenance and housekeeping. Transportation. What are caregivers re...Sun, 09 Aug 2026 02:04:35 -0400https://blog.tonsmann.net/what-does-a-negative-capital-account-mean-for-taxes.htmlhttps://blog.tonsmann.net/what-does-a-negative-capital-account-mean-for-taxes.htmlA negative capital account is a partnership tax concept describing the situation in which adjusted basis in partnership assets is less than the outstand- ing debt of the partnership. When the capital account is negative, the partnership is a tax shelter, worth more after tax than in the absence of t...Sun, 09 Aug 2026 01:39:16 -0400https://blog.tonsmann.net/which-is-the-charge-paid-on-borrowed-money.htmlhttps://blog.tonsmann.net/which-is-the-charge-paid-on-borrowed-money.htmlInterest is the price you pay to borrow money from someone else. If you take out a $20,000 personal loan, you may wind up paying the lender a total of almost $23,000 over the next five years. Is the amount paid for the cost of borrowing someone else’s money? Interest—The price of using someone else’...Sun, 09 Aug 2026 01:37:43 -0400https://blog.tonsmann.net/why-does-my-w2-not-reflect-my-salary.htmlhttps://blog.tonsmann.net/why-does-my-w2-not-reflect-my-salary.htmlIf your Box 1, W-2 amount is less than your salary, it is because you have pre-tax deductions from your salary under one or more employer plans. Both your pre-tax health insurance and your 401(k) would reduce your Box 1 amount compared to your gross salary. Can employer be fined for not sending w2? ...Sun, 09 Aug 2026 01:21:37 -0400https://blog.tonsmann.net/can-a-job-make-you-relocate.htmlhttps://blog.tonsmann.net/can-a-job-make-you-relocate.htmlThat’s a common question: Can you force or require an employee to relocate? The answer is almost always no. It can’t be required. Therefore,an employer needs to present the relocation as if it is the employee’s (only)option to remain employed by the company. How do you prepare to relocate for a job?...Sun, 09 Aug 2026 01:06:40 -0400https://blog.tonsmann.net/what-rights-do-sub-contractors-have.htmlhttps://blog.tonsmann.net/what-rights-do-sub-contractors-have.htmlSubcontractor rights are governed by the contract. The general contractor and employer are bound by the terms of the agreement they sign. The subcontractor can file a mechanic’s lien against the property for unpaid wages and expenses. He also has the right to work in a safe and healthy environment. ...Sun, 09 Aug 2026 00:40:09 -0400https://blog.tonsmann.net/how-does-box-12-affect-my-taxes.htmlhttps://blog.tonsmann.net/how-does-box-12-affect-my-taxes.htmlBox 12 amounts with the code DD signify the total cost of what you and your employer paid for your employer-sponsored health coverage plan. Code DD amounts are for informational purposes only — they don’t affect the numbers in your tax return. Do I have to put Box 12 on my taxes? Individuals (employ...Sun, 09 Aug 2026 00:33:20 -0400https://blog.tonsmann.net/do-you-have-to-file-illinois-state-taxes.htmlhttps://blog.tonsmann.net/do-you-have-to-file-illinois-state-taxes.htmlYou must file a Form IL-1040, Individual Income Tax Return, if you are an Illinois resident and: You were required to file a federal income tax return. You were not required to file a federal return, but your Illinois base income is greater than your exemption allowance. What is an IL 1120? 2020 For...Sun, 09 Aug 2026 00:29:48 -0400https://blog.tonsmann.net/how-many-days-do-you-have-to-live-in-nevada-to-be-a-resident.htmlhttps://blog.tonsmann.net/how-many-days-do-you-have-to-live-in-nevada-to-be-a-resident.htmlOnce you’ve found a place in Nevada that suits you, it’s time to rent your space for at least 30 days. How do I change my residency from California to Nevada? You can actually file a sworn statement with the district court in your county. They call this a “declaration of domicile”. You must present ...Sun, 09 Aug 2026 00:11:42 -0400https://blog.tonsmann.net/what-is-submission-of-tax-return.htmlhttps://blog.tonsmann.net/what-is-submission-of-tax-return.htmlIncome Tax Return (ITR) is a form which a person is supposed to submit to the Income Tax Department of India. It contains information about the person’s income and the taxes to be paid on it during the year. Income can be of various forms such as : Income from salary. Profits and gains from business...Sun, 09 Aug 2026 00:05:48 -0400https://blog.tonsmann.net/why-am-i-locked-out-of-my-td-ameritrade-account.htmlhttps://blog.tonsmann.net/why-am-i-locked-out-of-my-td-ameritrade-account.htmlACCOUNT LOCKED: For the security of the client, this account has been locked out due to four unsuccessful login attempts. To unlock the account, please call our Technology Services Department at 800-400-6288, option 3. Please have your UserID or account number(s) ready when calling. Why isn’t my TD ...Sat, 08 Aug 2026 23:45:18 -0400https://blog.tonsmann.net/how-do-i-start-a-residential-cleaning-business.htmlhttps://blog.tonsmann.net/how-do-i-start-a-residential-cleaning-business.htmlBelow is a complete guide on how to start a cleaning business from the ground up. Do the Initial Cleaning Jobs Yourself. Set a Reasonable Cleaning Business Budget. Decide What Cleaning Equipment to Purchase. Choose a Brand Name for Your New Cleaning Company. Setup Proper Licensing for Your Clean...Sat, 08 Aug 2026 23:32:04 -0400https://blog.tonsmann.net/how-many-years-of-cash-should-i-have-in-retirement.htmlhttps://blog.tonsmann.net/how-many-years-of-cash-should-i-have-in-retirement.htmlEmergency Funds for Retirees Many experts recommend that retired folks keep between six and twelve months of daily living expenses in cash. Some even suggest keeping up to three years’ worth of living expenses in cash. What is the 25 times rule for retirement? Broadly put, the rule of thumb for reti...Sat, 08 Aug 2026 23:29:25 -0400https://blog.tonsmann.net/does-a-deadbeat-dad-have-rights.htmlhttps://blog.tonsmann.net/does-a-deadbeat-dad-have-rights.htmlEven if you are the non-custodial parent, you still have an absolute right to decide your child’s schooling, medical care, and other important life decisions. The court orders the non-custodial parent to pay child support to the custodial parent. Can you add a child rider to a whole life policy? Man...Sat, 08 Aug 2026 23:12:07 -0400