Search found 845 matches

by Hayden
Fri Jan 13, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Schedule K-1 on Undistributed Profit in S-corp - Possible TurboTax Error
Replies: 7
Views: 394

Re: Schedule K-1 on Undistributed Profit in S-corp - Possible TurboTax Error

You are correct. A K-1 must be issued, regardless of whether profits were distributed.

Seems strange that TurboTax doesn't know that.
by Hayden
Sun Jan 08, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: W2 Contractor Position Without a 401k
Replies: 13
Views: 997

Re: W2 Contractor Position Without a 401k

If you form an S Corp then you don't receive a 1099. You might ask the company if they would subcontract to your S Corp. That would allow you to open a solo 401k.
by Hayden
Sat Jan 07, 2017 2:45 pm
Forum: Personal Consumer Issues
Topic: Protecting information on cell phone
Replies: 10
Views: 1051

Re: Protecting information on cell phone

Encrypt the phone and any SD card installed with a reasonably strong password (I say "reasonably" because entering long passwords on the Android keyboard can be tedious). Use a lock password instead of just a lock code. Set up a "find my phone" service in case it gets stolen, pr...
by Hayden
Fri Jan 06, 2017 3:24 pm
Forum: Personal Consumer Issues
Topic: Protecting information on cell phone
Replies: 10
Views: 1051

Protecting information on cell phone

I am going to be traveling extensively this year, and will need to do banking etc while traveling. I have installed KeePass on my Android phone and put my login info in KeePass. It makes me nervous to have important info on my phone, because the phone could get stolen. What additional steps should I...
by Hayden
Thu Jan 05, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Help with S Corp nuts and bolts
Replies: 13
Views: 852

Re: Help with S Corp nuts and bolts

Thanks for the good advice. I will definitely be looking into the free intuit payroll service. Does this service also help with distributions, or is this just a check I write myself? You don't want to do distributions through payroll. What I do:. Hold a meeting and approve a distribution. Document ...
by Hayden
Wed Jan 04, 2017 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: S Corp payroll co for single owner/employee?
Replies: 29
Views: 1652

Re: S Corp payroll co for single owner/employee?

I do it myself. It's not that difficult, and I prefer it to the aggravation of correcting the errors made by Paychex (they made huge numbers of errors when they ran my company's payroll).
It sounds like you know what needs to be done; why not do it yourself?
by Hayden
Wed Jan 04, 2017 12:19 pm
Forum: Investing - Theory, News & General
Topic: Bernstein on Bonds...wow
Replies: 31
Views: 4484

Re: Bernstein on Bonds...wow

Looking at Vanguard's and Fidelity's taxable bond fund choices makes my head hurt. The choices are Government, or Federal, or Treasury, or Bond, in short, intermediate, and long durations. Bernstein and Swedroe both say focus on safety for the bond portion. I'll take their advice. But i do like the ...
by Hayden
Wed Jan 04, 2017 2:02 am
Forum: Investing - Theory, News & General
Topic: Bernstein on Bonds...wow
Replies: 31
Views: 4484

Re: Bernstein on Bonds...wow

http://abnormalreturns.com/2014/07/21/to-bond-etf-or-not/ I just found this article online. Curious on thoughts. -He criticizes Vanguard's management on certain funds. -He also says he does not recommend Bond ETFs in any case. -Also, he says there is little reason to pay mutual fund fees if you can...
by Hayden
Tue Jan 03, 2017 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Choosing glidepath if funding Ratio is greater than 1
Replies: 3
Views: 298

Re: Choosing glidepath if funding Ratio is greater than 1

I'm in a similar situation and I'm staying at 50/50. Here's my reasoning: Everything I read suggests that the world is a very dangerous place right now. I imagine how I would feel if I ignored this, increased equities, and a big crash occurred. For me, the pain and regret I would feel in that scenar...
by Hayden
Sun Jan 01, 2017 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: 2017 I-bond purchases - buy now or wait until May?
Replies: 9
Views: 1791

Re: 2017 I-bond purchases - buy now or wait until May?

Hi, I buy I-bonds each year and have usually waited until May (or sometimes November) to see whether a better fixed rate would be offered. During 2015 and 2016, the opportunity cost of waiting was pretty minimal given the low composite rate. Now that the composite rate is fairly attractive, and giv...
by Hayden
Thu Dec 29, 2016 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Paying myself a salary for investment and tax management?
Replies: 71
Views: 4347

Re: Paying myself a salary for investment and tax management?

So why can't the OP form an S Corp and transfer some of his assets into the S Corp. Each year, the S Corp will have dividends and capital gains. The company could use this income to pay a W2 salary. As an added benefit, the S Corp could now reimburse the owner-employee for his health insurance, maki...
by Hayden
Tue Dec 27, 2016 1:00 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 729
Views: 123833

Re: Boglehead Beer

Just tried Prairie Bomb. Boy is that good! Super creamy with a slightly peppery finish.
by Hayden
Tue Dec 20, 2016 12:58 am
Forum: Personal Consumer Issues
Topic: Hard Endeavor/Exercise in Middle Age
Replies: 118
Views: 6962

Re: Hard Endeavor/Exercise in Middle Age

I feel like an underachiever relative to other bogleheads when it comes to hard endeavor/exercise in middle age and beyond! It is inspiring to hear some of these stories. I'm an underachiever too! Until this thread I was feeling pretty good about myself for making it to spinning classes at the gym.
by Hayden
Mon Dec 19, 2016 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Mother saying she will put in 10k for my new car purchase. Anyway I can make this certain in writing?
Replies: 41
Views: 1869

Re: Mother saying she will put in 10k for my new car purchase. Anyway I can make this certain in writing?

Derivative wrote:
What would you say to a kid who has been abused by his/her parents


You're an adult. I would say move out of their house.
by Hayden
Sun Dec 18, 2016 1:19 am
Forum: Personal Finance (Not Investing)
Topic: Simplest way to form a company (not a sole proprietorship)
Replies: 7
Views: 716

Re: Simplest way to form a company (not a sole proprietorship)

You say it's just a temporary, small gig. If I were you, I would reach out to a small business to front this for me. Your client can probably suggest businesses that do this.

You haven't mentioned your industry, but this is pretty common in my industry.
by Hayden
Sat Dec 17, 2016 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Employer Requiring Travel to "No Travel" Country
Replies: 48
Views: 6742

Re: Employer Requiring Travel to "No Travel" Country

Other than the middle-east countries and some North African ones you would be fine visiting the rest of the list, IMHO. There's no way I would go to any country listed on the warning list. Mexico is on the list, and I'm getting ready to head there. I think one needs to read the details for each cou...
by Hayden
Sat Dec 17, 2016 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting muni bonds - are you still moving back?
Replies: 19
Views: 1218

Re: Tax loss harvesting muni bonds - are you still moving back?

Im glad you posted because I've been wondering this myself. I've been thinking about staying in a short term fund.
by Hayden
Wed Dec 14, 2016 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Did Intuit ruin Taxcaster?
Replies: 24
Views: 2450

Re: Did Intuit ruin Taxcaster?

I'm using the Android app for Taxcaster, and it looks to me like it's working the way it always has.
by Hayden
Tue Dec 13, 2016 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 123
Views: 15925

Re: Fidelity free Turbotax

Thanks for posting! I successfully downloaded TurboTax Premier for free.
by Hayden
Sat Dec 10, 2016 8:00 pm
Forum: Personal Consumer Issues
Topic: Where to purchase tea
Replies: 13
Views: 1316

Re: Where to purchase tea

Thank you everyone for the suggestions! Lots of great info here.
by Hayden
Sat Dec 10, 2016 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Where to move to for lowest health care costs (for nomad types)
Replies: 34
Views: 2867

Re: Where to move to for lowest health care costs (for nomad types)

Go to the cheapest Kaiser place and buy it. You can use Kaiser insurance at all Kaiser facilities where they operate....with certain like scheduling with your primary physicians. Kaiser bought out group health in Seattle. Now, they have pretty good coverage in Washington state. Thanks for this info...
by Hayden
Thu Dec 08, 2016 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Where to move to for lowest health care costs (for nomad types)
Replies: 34
Views: 2867

Re: Where to move to for lowest health care costs (for nomad types)

Well, it depends how important health care cost for you. I believe Texas still has one of the lowest healthcare cost in the nation, along with California, Utah and NewMexico - there was a nice article about that: http://www.huffingtonpost.com/gobankingrates/10-best-and-worst-states_b_9030422.html. ...
by Hayden
Tue Dec 06, 2016 10:30 pm
Forum: Personal Consumer Issues
Topic: Where to purchase tea
Replies: 13
Views: 1316

Where to purchase tea

I know this has been discussed before, but I've searched and can't find the threads. I'm looking for recommendations on where to buy tea online. I currently drink sleepy time tea every evening, and am looking for something along those lines but better (chamomile etc). I live in a small town without ...
by Hayden
Tue Dec 06, 2016 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: How much risk do we need to take? Retired at age 47.
Replies: 56
Views: 6286

Re: How much risk do we need to take? Retired at age 47.

I decided to maintain 50/50 indefinitely.
Like you, I rode out 2001 and 2008/2009 with no problem. For me, being retired changes things, and I am not comfortable taking the risks I was taking when working full time. So I don't want more than 50% stocks.
by Hayden
Mon Dec 05, 2016 11:55 am
Forum: Personal Consumer Issues
Topic: Best business credit card and bank account for S-corp
Replies: 13
Views: 1079

Re: Best business credit card and bank account for S-corp

After two bad incidents of money disappearing from my B of A account, I switched to a small local bank. I feel safer using a bank that actually knows who I am, and what my voice sounds like when I call. Note that business accounts to not have the protections of personal accounts, so safety is import...
by Hayden
Sun Dec 04, 2016 4:14 pm
Forum: Personal Consumer Issues
Topic: FIRE how do you live now
Replies: 56
Views: 7126

Re: FIRE how do you live now

Spend lots of time reading bogleheads
Travel a lot
Spend time each day learning Spanish (Duolingo) and programming (Udacity)
Go to the gym every day
by Hayden
Sun Dec 04, 2016 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Research and Development Tax Credit
Replies: 0
Views: 208

Research and Development Tax Credit

Lately I've received several emails from companies wanting to help me to get the R & D tax credit. I have a small S Corp, I am the only employee. I am currently taking online classes to learn how to make apps for Android. Does anyone have experience with the R& D tax credit? Does writing app...
by Hayden
Sun Dec 04, 2016 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Should I move in order to save on taxes?
Replies: 21
Views: 2163

Re: Should I move in order to save on taxes?

I would move. Be sure to understand the state business taxes as well as the personal taxes. I live in WA. No personal tax, but the state taxes business revenue (not net income). The tax rate depends on your industry.
by Hayden
Fri Dec 02, 2016 1:00 pm
Forum: Personal Consumer Issues
Topic: Gift To Self
Replies: 69
Views: 7577

Re: Gift To Self

My gift to myself is always about these things: getting rid of possessions, seeking inner peace, and staying away from the masses. Where they go, I avoid. Getting rid of things makes me feel freer and happier. I used to sell a lot on eBay, but since eBay changed the rules to benefit scam-artist buy...
by Hayden
Thu Dec 01, 2016 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: W4 tax form question
Replies: 6
Views: 669

Re: W4 tax form question

The allowances thing never made sense to me. I used to calculate the amount I wanted to have withheld for the year, divide by the number of pay periods, and use the W4 to instruct payroll to withhold that amount each pay period. I also would redo the calculation later in the year and revise the W4 a...
by Hayden
Tue Nov 29, 2016 12:51 pm
Forum: Personal Consumer Issues
Topic: Gift To Self
Replies: 69
Views: 7577

Re: Gift To Self

I'm spending 2017 traveling, so I just bought a travel vest and sun hat. Thinking about buying light weight walking sticks.
by Hayden
Tue Nov 29, 2016 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: question about solo 401k for spouse and date
Replies: 9
Views: 596

Re: question about solo 401k for spouse and date

You'll want to check this, but I believe the total contribution, EE plus ER, cannot exceed the employee wages. So, if your wife makes $10,000 and does it all as an employee referral, the company cannot also contribute $2500. Remember, also, the FICA tax when calculating the amount of the EE deferra...
by Hayden
Mon Nov 28, 2016 11:18 am
Forum: Investing - Help with Personal Investments
Topic: question about solo 401k for spouse and date
Replies: 9
Views: 596

Re: question about solo 401k for spouse and date

You'll want to check this, but I believe the total contribution, EE plus ER, cannot exceed the employee wages. So, if your wife makes $10,000 and does it all as an employee referral, the company cannot also contribute $2500.

Remember, also, the FICA tax when calculating the amount of the EE deferral.
by Hayden
Sun Nov 27, 2016 11:14 pm
Forum: Personal Finance (Not Investing)
Topic: Taxing Agencies Don't Know About 2014 Condo Remodel: What Now? [FLORIDA]
Replies: 8
Views: 1249

Re: Taxing Agencies Don't Know About 2014 Condo Remodel: What Now? [FLORIDA]

Why would you want to increase your property tax? It seems to me that if you got permits for the work, you did everything you need to do.
by Hayden
Sun Nov 27, 2016 11:10 pm
Forum: Investing - Theory, News & General
Topic: What was your Asset Allocation before and after retirement?
Replies: 91
Views: 9449

Re: What was your Asset Allocation before and after retirement?

Some years ago I read a lot on AA and decided to maintain 50/50 indefinitely.
by Hayden
Sun Nov 27, 2016 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Health insurance question from small bus. owner
Replies: 7
Views: 711

Re: Health insurance question from small bus. owner

+1 to calling a broker. That's what I did. I ended up buying off the marketplace for 2017.
by Hayden
Sun Nov 27, 2016 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Bank for tenant security deposit
Replies: 12
Views: 1202

Re: Bank for tenant security deposit

We started with Bank of America. After a number of small nuisances and then one big mess up, I got fed up with them and switched to a local credit union. Our local credit union was actively seeking business accounts, and was very easy to deal with. I think everything was put into one checking account.
by Hayden
Sun Nov 27, 2016 9:59 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 561683

Re: What Movie Have You Recently Watched?

A Man Called Ove. Highly recommended.
by Hayden
Wed Nov 23, 2016 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 123
Views: 15925

Re: Fidelity free Turbotax

Used to be free from vanguard with a high dollar account but I think that's over. Does fidelity require a certain balance for this? Click on the link above. The answer is: it depends. So confusing When I've learned about fidelity bonuses on Bogleheads, I've contacted Fidelity and told them I want t...
by Hayden
Wed Nov 23, 2016 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Creating W2s and 1099s
Replies: 4
Views: 460

Creating W2s and 1099s

I need to create two W2s and one 1099 for my S Corporation. It looks like the $150 Turbotax Business will do this. I can't tell whether the $45 TaxAct Business program will do this.

Does anyone know whether the TaxAct product will do this? Any other suggestions?
by Hayden
Wed Nov 23, 2016 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 123
Views: 15925

Fidelity free Turbotax

Last year i got Turbotax free from Fidelity. This year, i only see the $20 off offer from Fidelity. Is anyone getting Turbotax free from Fidelity this year?
by Hayden
Fri Nov 18, 2016 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: TLH pair for Fidelity bond fund
Replies: 4
Views: 388

Re: TLH pair for Fidelity bond fund

inbox788 wrote:How much loss do you have? I see it's down around 3-4% from a month ago. Is it even worth doing?

viewtopic.php?t=18934


I had about $200k, so yes, I think it's worth it.
by Hayden
Fri Nov 18, 2016 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: TLH pair for Fidelity bond fund
Replies: 4
Views: 388

TLH pair for Fidelity bond fund

I have a loss in the Fidelity US Bond Index (FSITX) in my taxable account at Fidelity. Can someone suggest a TLH pair?
by Hayden
Mon Nov 14, 2016 1:49 am
Forum: Personal Finance (Not Investing)
Topic: Software recommendations for form 1120S (S Corp)
Replies: 5
Views: 465

Re: Software recommendations for form 1120S (S Corp)

I have not used the Turbotax business software but have used Taxact's. I am very familiar with personal tax software but chose to have a CPA do my corp 1120S returns when I started my S-Corp many years ago. My CPA retired while I was winding down my S-Corp and I gave TaxAct a try (much cheaper than...
by Hayden
Sun Nov 13, 2016 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Software recommendations for form 1120S (S Corp)
Replies: 5
Views: 465

Re: Software recommendations for form 1120S (S Corp)

pshonore wrote:The Business versions of Turbo Tax (will do estates, trust, partnerships, etc) and Tax Act both can do this. Widely available in stores (TT) and online.


The business version of TurboTax seems to be much more expensive than Tax Act. Is there any advantage to the TurboTax product?
by Hayden
Sun Nov 13, 2016 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Software recommendations for form 1120S (S Corp)
Replies: 5
Views: 465

Software recommendations for form 1120S (S Corp)

I have a small, simple S Corp, and I want to do the form 1120S myself this year.

Looking for advice on what tax software to use (and where to purchase).
by Hayden
Sun Nov 13, 2016 10:34 am
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 435
Views: 181599

Re: TV show recommendations?

I am watching Maria la del barrio. It is mindless and silly, but it is genuinely improving my Spanish (I need simple dialogue in Spanish).
by Hayden
Wed Nov 09, 2016 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Question for folks who early retired - Approx 50 or earlier
Replies: 11
Views: 2756

Re: Question for folks who early retired - Approx 50 or earlier

If you receive megacorp health insurance and haven't experienced having to purchase individual insurance lately, you should read the many threads on that subject. In some areas it is apparently not possible to purchase a PPO plan. Health insurance may become a factor in selecting retirement location...
by Hayden
Mon Nov 07, 2016 4:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Bond - Not reccomended by Swedroe??
Replies: 50
Views: 10645

Re: Vanguard's safest bond funds?

I went to the Vanguard website to look for a Vanguard taxable bond fund that is safer than Total Bond. It turns out they have a lot of bond funds. Can someone help me figure out which of their many taxable bond funds are safer than the Total Bond fund? Hayden: Any Vanguard short-term bond fund (5) ...
by Hayden
Mon Nov 07, 2016 4:55 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Bond - Not reccomended by Swedroe??
Replies: 50
Views: 10645

Re: Vanguard Total Bond - Not reccomended by Swedroe??

I went to the Vanguard website to look for a Vanguard taxable bond fund that is safer than Total Bond. It turns out they have a lot of bond funds. Can someone help me figure out which of their many taxable bond funds are safer than the Total Bond fund? Safer in what way? It is a relatively safe fun...

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