August 29th, 2018 Newsletter


Why Reviewing Your Tax Strategy Makes Financial Sense
Decrease taxes to increase profitability. Sounds like common sense, right? Well, in my experience, it isn’t when it comes to entrepreneurs and their businesses. Despite not liking taxes and wanting to pay less of them, many entrepreneurs’ …

How does an entrepreneur pay taxes?
In the United States, tax policy neither officially defines nor makes special rules for entrepreneurs. Certain types of entrepreneurial activities …

Ways millennials are better at managing money than older people
Your millennial friends might be spending all their savings on overpriced matcha lattes, but it turns out, there are a few money managing tricks we …
USA Today

New IRS rule on deductions hits some high-tax states hard
New rules unveiled by the IRS undermine some states’ attempts to help residents keep a version of a popular federal income tax deduction. Last …
ABC News

How to Find the Best Medicare Drug Plan for You for 2019
You’ve mentioned that the Medicare Plan Finder tool at is a great way to compare Medicare Part D plans, but the tool seems complicated …

How To Save More Money? Ask Yourself This One Important Question
Do you want to save more money? Perhaps you’ve got an ambitious goal, such as saving for the down payment on a home or investment property, launching …

As Veterinary Bills Add Up, More Pet Owners Opt for Insurance
Two out of three American households—or about 85 million homes—own pets, and those lovable little roommates don’t come cheap. Americans spent $17 billion …
The Wall Street Journal

The No. 1 Reason Why People Tap Their Retirement Funds Early
Most people know it’s not the wisest idea to borrow or withdraw money from your retirement fund before you retire. And yet 29% of Americans have taken …
Fox Business

How Does a Consumer Disclosure and Credit Report Differ?
Consumer disclosures and consumer credit reports are both regulated by the Fair Credit Reporting Act (FCRA) and the Fair and Accurate Credit …

To make college cost even more, pay by credit card
Sure, your college may allow students to pay for tuition and fees with a credit card. But, like partying the night before a midterm, it’s probably not …
ABC News

Save Hundreds With Your Teacher ID
It’s no secret that teachers have a hard job. They come in early, stay late and shoulder much of the responsibility for molding young minds as …

“It’s not impossible to set aside 6 month’s income for emergencies. There’s a guy in Ohio who did it and a woman from Vermont.”
Copyright © Randy Glasbergen
Which unit of currency is not used in Asia: Ringgit, Forint, Baht, Rupiah
See the answer below.
Doing Easy Fall Maintenance Can Save Homeowners Money All Winter Long
Summer hasn’t quite wound down yet, but fall isn’t as far away as it seems. Doing a round of simple fall maintenance chores now can save you time, money …
What Year Was It?

Hurricane Katrina Slams into Gulf Coast

Hurricane Katrina Slams into Gulf Coast

Hurricane Katrina makes landfall near New Orleans. Despite being only the third most powerful storm of the 2005 hurricane season, Katrina was the worst natural disaster in the history of the United States.
The day was Aug 29. What year was it?

Quote of the Week
“There are people who have money, and there are people who are rich.”
Coco Chanel
Trivia Answer
Which unit of currency is not used in Asia: Ringgit, Forint, Baht, Rupiah
Answer: Forint is a currency used in Hungary.
Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750
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