December 12th, 2018 Newsletter


Your Guide to 2018 Federal Income Taxes
Filing your federal income tax return can be a stressful and complicated task. Even if you hire a professional tax preparer, you still need to make sure you have all of your ducks in a row. So we’ve put together this handy guide …
Investor Junkie

IRS Audit Red Flags for Retirees
In 2017, the Internal Revenue Service audited only 0.60% of all individual tax returns, and the vast majority of these exams were conducted …

7 year-end tax tips to boost your refund
The new tax law has put a whole new spin on year-end tax planning, though it hasn’t eliminated the need to do it altogether. “The …

Invest in your company or retirement? Tips for doing both
Small business owners may want to save for retirement but are anxious about diverting money away from their companies. But many owners have …
ABC News

6 Smart Ways Taxpayers Can Save Money on Their Tax Bills
Tax laws have traditionally been complicated for taxpayers to understand. The recently passed Tax Cuts and Jobs Act (TCJA) has added another …

How And Why Do Companies Pay Dividends?
Look anywhere on the web, and you’re bound to find information on how dividends affect stockholders. The information ranges from a …

Looking to Double Your Salary? Try an M.B.A.
Fully 75% of those who earn an M.B.A. switch careers, a new survey shows, and they can double their salary by doing so. But the survey …
The Wall Street Journal

5 Tips for Protecting Your Finances as You Grow Older
Up to 6.6% of Americans aged 65 or older have lost money to exploitation, fraud, and theft, according to the Securities and Exchange Commission …
Fox Business

Millennial money: How to get credit when you have none
Trying to get your first credit card can be as frustrating as trying to land your first job. Employers want experience, but you can’t get …
ABC News

Here’s what to do if you’re in your 50s or older and have nothing in retirement savings
Even if it’s a mix of work and leisure, most of us expect a little loosening up on the pressures of working. And starting in your 40s …

Easy Fixes For 4 Of Common Retirement Planning Mistakes
The 2018 Retirement Confidence Survey (RCS) conducted by the Employee Benefit Research Institute (EBRI) and research firm Greenwald …

“Thanks, but I’d rather get my finacial advice off the Internet.”
Copyright © Randy Glasbergen
When was Abraham Lincoln’s face engraved on the penny?
See the answer below.
Here’s Why I Don’t Want to Retire Early
Many people dream of early retirement Opens a New Window. , whether that means leaving their jobs in their late 40s, mid-50s, or at the very …
Fox Business
What Year Was It?

Da Vinci Notebook Sells for Over $5 Million

What Year

American oil tycoon Armand Hammer pays $5,126,000 at auction for a notebook containing writings by the legendary artist Leonardo da Vinci.
The day was Dec 12. What year was it?

Quote of the Week
“Try to save something while your salary is small; it’s impossible to save after you begin to earn more.”
Jack Benny
Trivia Answer
When was Abraham Lincoln’s face engraved on the penny?
Answer: 1909
Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750
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