April 25th, 2018 Newsletter

Apr 25, 2018
Tax planning: Consider these tips for the rest of the year


Another tax-return filing season is basically in the bag, and the last thing you want to think about any further is taxes. But it’s not too early to start planning ahead. These key tips might bear fruit down the road, especially …
USA Today

How Your Home Sale Will Be Taxed
Singles don’t have to pay taxes on up to $250,000 in profits on the sale of their home, and couples can shelter twice that amount from taxes …

The No. 1 Thing That Keeps Your Best Employees Motivated
Most of my executive clients strive to deliver compelling incentive packages for their most innovative employees–to keep them engaged and …

Unemployed? Raid Your 401(k) or Borrow From Your Parents?
When you’re unemployed, you’ve run out of savings and your unemployment check can’t cover the bills, where is the next place you should …

Do I have enough saved to cover my spending in retirement?
Most retirement projections seem to be based on how much income you’ll need in retirement. But shouldn’t my planning be based on how much …
CNN Money

Is Your Credit Card Less Secure Than Ever Before?
News of credit card data breaches hit the headlines almost every week. Just in the last 30 days, major brands like Saks Fifth Avenue and …

Who’s worried about Social Security? Pretty much everyone
Countless workers fear they won’t get to collect benefits down the line. But they’re missing the much bigger picture. If you’ve worried that …
USA Today

You May Be Paying More in Bank Fees Than You Realize
You may not recognize it because they hit your account balance gradually, but bank fees can really pile up: The average American spent $329 …
Fox Business

Shopping for a 529 Plan for a Grandchild
When searching for a 529 college-savings plan for a grandchild, first check whether your state offers a tax break for your contributions …

When to ignore credit card advice
Conventional wisdom about credit cards is often black and white, from whether you should use cards at all to which types deserve a slot in …
ABC News

College graduates: Here’s how to set yourself up for a life of financial success on Day 1
I meet lots of people who claim to live the “no regrets” lifestyle. I fancy them liars. I know, with almost certainty, that they regret …
USA Today

“If you buy now, I’ll give you a 30% discount on the amount of time I spend in your office today.”
Copyright © Randy Glasbergen
On the reverse side of the 2001 one dollar bill, below the pyramid, is the Latin phrase “novus ordo seclorum”. What does this mean?
See the answer below.
8 Steps To An Organized Financial Life
Lack of organization can harm your finances as much or more than being short on cash. Losing bills can lead to late fees, and not keeping track …
What Year Was It?

Easter Rebellion Begins

Easter Rebellion Begins

The Irish Republican Brotherhood, a secret organization of Irish nationalists led by Patrick Pearse, launches the so-called Easter Rebellion, an armed uprising against British rule.
The day was Apr 24. What year was it?

Quote of the Week
“The real measure of your wealth is how much you’d be worth if you lost all your money.”
Trivia Answer
On the reverse side of the 2001 one dollar bill, below the pyramid, is the Latin phrase “novus ordo seclorum”. What does this mean?
Answer: A new order for the ages.
Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750
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