December 5th, 2018 Newsletter

15 Tax Deductions & Benefits for the Self-Employed
Being self-employed means taking on risks and costs that you don’t have when you work for someone else. You’re responsible for getting customers and generating income, and for constantly proving the value of your product or …
Investopedia

How to make the most of the child tax credit this year
The wallet-emptying experience of raising kids understandably fuels a lot of interest in the child tax credit, but thanks to some big changes …
ABC News

8 year-end money moves
Most people start the New Year off by resolving to do better when it comes to diet, exercise and paying down debt. Alternatively, you can take …
CNBC

The Best Budgeting Apps for 2018
Are you looking for a software solution that can help you create and manage a budget for your spending? An app that can help monitor your …
Investor Junkie

Does Medicare Cover That?
Medicare covers the majority of your medical expenses after you turn 65 (and covers some people who are younger than 65 and disabled …
Kiplinger

Guidelines for holiday tipping
Holiday tips are a way to thank the people who make your life easier. So why is it so hard to figure out whom to tip and how much? Guides …
ABC News

7 Reasons It’s Time To Update Your Estate Plan
There are two widespread errors in estate planning. One error is not to have a will or other key elements of a plan. The other error is to …
Forbes

You Might Be Scared to Retire — What to Do About It
Though retirement Opens a New Window. is an exciting milestone to anticipate, for many workers, it’s a worrisome prospect. If you’re …
Fox Business

Saving for college: A workplace perk that can help your kids avoid debt
The last place many parents would look for ideas on how to save money for college is their workplace. After all, connecting with a 529 college …
USA Today

3 ways to get other people to pay off your student loans
This holiday season could be a good time to knock down your student debt. Gift of College, an education registry, lets people register their …
CNBC

How to Avoid Paying 17 Pesky Fees
Fees aren’t just annoying—they’re expensive. A few monthly surcharges can add up to hundreds of dollars a year. That’s money you could use to …
Kiplinger

“If you have already sent us your payment, please accept our apology for the death threat and warm wishes for the holiday season.”
Copyright © Randy Glasbergen

Trivia
What was the largest denomination of banknote ever issued in the USA?
See the answer below.

6 Smart Year-End Tax-Saving Money Moves
By Dana Anspach via Iris.xyz Why is it, every year after Thanksgiving, we are “shocked” to find that we are hurtling towards December 31st …
Fox Business

What Year Was It?

Squadron Lost in Bermuda Triangle

Five U.S. Navy Avenger torpedo-bombers comprising Flight 19 take off from the Ft. Lauderdale Naval Air Station in Florida on a routine three-hour training mission. They never returned.
The day was Dec 5. What year was it?

Quote of the Week
“Empty pockets never held anyone back. Only empty heads and empty hearts can do that.”
Norman Vincent Peale

Trivia Answer
What was the largest denomination of banknote ever issued in the USA?
Answer: $100,000. It was issued only to Federal Reserve Banks.

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Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750

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