April 18th, 2018 Newsletter

Apr 18, 2018
Owe the IRS? Top tax payment questions


Owing $500 or $1,000 for your federal income taxes is one thing. But what if you owe far more than that — and there’s absolutely no chance that you can pay the amount you owe by the tax deadline? Fortunately, you’ve got options …
USA Today

Calculating Taxes on Social Security Benefits
As much as 85% of your Social Security benefits could be taxable if you have other sources of income, such as earnings from work or withdrawals …

7 Money-Saving Habits That Might Actually Be Costing You Money
Some allegedly “money-saving” habits may actually work against you, costing you more money in the long term. Here are seven of them …

The difference between a loan and a line of credit?
Standard loans and lines of credit represent two different methods of borrowing money for both businesses and individuals. Typical loans …

What’s the most expensive cost U.S. drivers faced last year?
When driving in the U.S., the biggest cost comes when you’re not behind the wheel. Parking represents the largest-single expense for …
USA Today

Retiring Soon? Here’s How to Handle Your Collectibles
Many Americans spend a lot of time and money building their collections, but fail to protect them and to plan ahead. Many retirees put …
The Wall Street Journal

Employees: How to Maximize Your Tax Breaks in 2018 and Beyond
The Tax Cuts and Jobs Act preserved or even beefed up many tax breaks available through workplace benefits programs. Here’s how to …

5 Reasons to Put Off Homeownership
We often associate springtime with cleaning house, but actually, it’s generally a good time to buy a house. Property listings tend to spike …
Fox Business

Should I take out a loan to pay my debts?
“I have student loan debt and have racked up about $6,000 in credit card debt over the last three years. I’m thinking of taking out a personal …
CNN Money

Strategies to Start Saving More Money
One of the biggest problems people encounter when it comes to saving money is that they just can’t seem to figure out how to save more money …

You Need to Start Preparing Now for Next Year’s Tax Savings
Tax time is no one’s favorite time of year. But for small business owners, this year’s filing deadline at least comes with the promise …

“Our financial outlook is improving. The price of red ink just went down.”
Copyright © Randy Glasbergen
How many times does the word “Twenty” appear on the bill?
See the answer below.
Fly now, pay later: Are travel loans a good deal?
Dreaming of a spring getaway with white-sand beaches and a cool drink in your hand?. A search for airline tickets can bring your dream …
ABC News
What Year Was It?

The Great San Francisco Earthquake

The Great San Francisco Earthquake

At 5:13 a.m., an earthquake estimated at close to 8.0 on the Richter scale strikes San Francisco, California, killing hundreds of people as it topples numerous buildings.
The day was Apr 18. 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.
Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750
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