April 11th, 2018 Newsletter

Apr 11, 2018
When It’s Safe to Shred Your Tax Records

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Many records are no longer needed three years after filing your tax return, but you may have to keep documents involving the purchase of a house or investments for years longer. Now that I’ve filed my income tax return, I’m going …
Kiplinger

Got student loans? Don’t make this major tax mistake
If you’ve been paying off student loans, don’t make the mistake of filing your taxes without getting a deduction on the interest you’ve paid …
CNN Money
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How to get the best tax deductions if you have kids, home, student loans
The super-sized spending years of raising little kids and paying big mortgages can turn into a financial advantage come April. Just look …
USA Today

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3 Costly Mistakes Seniors Must Avoid
When you’re retired, you have to rely on your savings, Social Security, and any pension benefits available to you. Most seniors have …
Fox Business
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How Credit Card Issuers Pursue The Wary Millennial
Just as the black-footed ferret or snow leopard tends to remain hidden from wildlife seekers, Millennials have proved elusive targets …
Forbes

What are some examples of a deferred tax liability?
In the United States, laws allow companies to maintain two separate sets of books for financial and tax purposes. Because the rules …
Investopedia
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Gifting College to Your Grandchild
With college costs skyrocketing, some grandparents are looking for ways to help pay for grandkids’ educations. But before you pull …
Kiplinger

Anger. Outrage. Disbelief. What women say about the gender pay gap
Da Silva has worked as a contractor at a string of major banks in London and has seen gender inequality firsthand. All of the senior managers …
CNN Money
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Smart tax planning: 4 quirky deductions that could save you money
When it comes to tallying your tax deductions, it can pay to get creative. The Tax Cuts and Jobs Act took effect this year, and with it …
USA Today

Can You Get Your Property Tax Bill Lowered?
If you’re a homeowner Opens a New Window. , you probably pay a big property tax bill every year. While the average American household …
Fox Business
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Why Retiring On $1 Million Isn’t As Good As It Looks
So you’ve got a cool $1 million to retire on. You’re a millionaire, right? Well, a future of lavish living and luxury travel may not …
Forbes

Cartoon
“Unless we receive your outstanding balance within ten days, we will have no choice but to destroy your credit rating, ruin your reputation, and make you wish you were never born. If you have already sent the seven cents, please disregard this notice.”
Copyright © Randy Glasbergen
Trivia
Which president is displayed on the front of a US $10 bill?
See the answer below.
5 Top Alternatives to a Reverse Mortgage
If you’re 62 or older, you may be able to convert the equity in your home into cash with a reverse mortgage. This loan lets you borrow …
Investopedia
What Year Was It?

Napoleon Exiled to Elba

Napoleon Exiled to Elba

Napoleon Bonaparte, emperor of France and one of the greatest military leaders in history, abdicates the throne, and, in the Treaty of Fontainebleau, is banished to the Mediterranean island of Elba.
The day was Apr 11. What year was it?

Quote of the Week
“I made my money the old-fashioned way. I was very nice to a wealthy relative right before he died.”
Malcolm Forbes
Trivia Answer
Which president is displayed on the front of a US $10 bill?
Answer: None. The bill shows Alexander Hamilton, he was never president.
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