April 10th, 2019 Newsletter

How to Right Size Next Year’s Tax Return
The 2018 tax season is over, and a lot of taxpayers are not happy. Thanks to the tax overhaul, some got smaller refunds than they received in the past, and others were hit with an unexpected tax bill. The reason: In 2018 …
Kiplinger

This Unique Tax Break Can Help You Save Now and Later
Saving for retirement Opens a New Window. is important, and the federal government has been kind enough to provide methods to build …
Fox Business

Millennial Money: Credit basics you need to know
Getting your credit score today is easy — just turn to your bank, credit card issuer or one of the many apps and websites out there …
ABC News

This 1 Expense Could Cost Retirees $285,000
You’ve probably factored housing costs, utilities, insurance, groceries, taxes, and travel into your retirement plan. But if you’ve …
Fox Business

The Best College Savings Strategy to Use
If you’re a parent, you’ve undoubtedly wondered how you should save for your kids’ college educations … and how much you need to save …
Kiplinger

Short-Term vs. Long-Term Capital Gains Tax
Hold onto your hats, y’all — we’re about to discuss long-term versus short-term capital gains from investing, which we all know is a wild …
Investor Junkie

Near or Over 65? Use These Retirement Planning Tips
The common age for retirement used to be 65, but times have changed. Even the Social Security Administration (SSA) has increased the age …
Investopedia

4 Strategies to Help Curb Your Financial Stress
Anxiety is a common reaction when money is brought up, particularly when the conversation is about saving for the future. Many worry …
Fox Business

Americans 55 and older are losing jobs at the fastest pace in 4 years
While hiring in the U.S. rebounded in March, baby boomers who are still in the work force are not doing so great. Employment for people …
CNBC

Where Retirement Nest Eggs Last the Longest, and Where They Drain the Fastest
Any retirement should begin in a place where you know your retirement funds can last. If your mortgage or rent drains one-third or more …
USA Today

Beneficiary Designations: 5 Critical Mistakes to Avoid
Many people might not realize that their will does not control who inherits all of their assets when they die. Many assets pass by …
Kiplinger

“Nope, our financial report doesn’t look any better in 3D.”
Copyright © Randy Glasbergen

Trivia
How many times does the word “Twenty” appear on the bill?
See the answer below.

Here are the most and least affordable cities to live in
It’s no secret that some areas of the country are more expensive to live in than others. Or that salaries, housing costs and taxes can …
CNBC

What Year Was It?

ASPCA Founded

The American Society for the Prevention of Cruelty to Animals (ASPCA) is founded in New York City by philanthropist and diplomat Henry Bergh.
The day was Apr 10. What year was it?

Quote of the Week
“Innovation distinguishes between a leader and a follower.”
Steve Jobs

Trivia Answer
How many times does the word “Twenty” appear on the bill?
Answer: Five. Four times on the front and once on the back.

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Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750

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Tom Umstattd, CPA

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