April 4th, 2018 Newsletter

Apr 4, 2018
How to file for an extension on your 2017 taxes


Maybe you haven’t started your taxes because you’re waiting on a missing W-2 form or a late 1099. Or maybe you’re just procrastinating. It’s okay. If you need more time to file your taxes, the government isn’t going to ask you …
CNN Money

What is the difference between a state income tax and a federal income tax?
Learn the difference between state income tax and federal income tax based on tax rates, deductions, tax credits and taxable income …

40% in US never change primary credit card. Is that good or bad?
Remember that first credit card you got straight out of college? You probably have memories of whipping it out to pay for the instant …
USA Today

The average American is much better off now than four decades ago
Just how bad have the past four decades been for ordinary Americans? One much-cited figure suggests they have been pretty bad. The Census …
The Economist

Salary Transparency Has a Hidden Drawback No One Ever Talks About
Is more pay transparency always good? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn …

Most Americans Fail at Financial Literacy. 3 Concepts You Need to Know
While Americans might have no problem spending money, managing it is a different story. In fact, nearly two-thirds of U.S. adults can’t …
Fox Business

Downsize Your Required Minimum Distributions
There are so many decisions you have to make when you’re planning for retirement, it can be tempting to delay the ones that seem as …

4 Ways to Lower Your Tax Bill
While some of us get excited for a long-awaited tax refund, many stress over getting their taxes filed correctly and paid on time. The …

Help your parents based on need, not your guilt
“Ask Brianna” is a column from NerdWallet for 20-somethings or anyone else starting out. I’m here to help you manage your money, find a …
ABC News

10 Smart Tax-Filing Tips For Small Business Owners
With tax penalties in place that could be as much as 5% a month, filing your taxes late as a business owner can be a costly venture that …

More take-home pay? What you should do with your paycheck increase
My paycheck is bigger than it was last year. No, I didn’t get a raise. Thanks to the recent tax cuts, I get to keep more of my yearly …
USA Today

“Nope, our financial report doesn’t look any better in 3D.”
Copyright © Randy Glasbergen
On the reverse side of the 2001 one dollar bill, above the pyramid, is the Latin phrase “annuit coeptis”. What does this mean?
See the answer below.
3 Tips for Talking to Your Parents About Retirement
My parents are just a few years away from retiring, and that means we’ve been having a lot of conversations about their future. It can …
Fox Business
What Year Was It?

Dr. King Assassinated

Dr. King Assassinated

Martin Luther King Jr. is fatally shot while standing on the balcony outside his second-story room at the Lorraine Motel in Memphis, Tennessee.
The day was Apr 4. What year was it?

Quote of the Week
“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”
Robert G. Allen
Trivia Answer
On the reverse side of the 2001 one dollar bill, above the pyramid, is the Latin phrase “annuit coeptis”. What does this mean?
Answer: God has favored our undertaking
Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750
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