December 6th, 2017 Newsletter

Dec 6, 2017
17 Tax Breaks You Won’t Believe Are Real


Okay, admit it: As you’ve struggled with your tax return, trying to come up with some extra deductions to pump up your refund or reduce what you owe, you’ve taken a few flights of fancy. “Can I claim a deduction for all …

Here’s What You’ll Pay in FICA Tax in 2018
Anyone who gets a paycheck knows how annoying it is to see taxes get withheld from your hard-earned money. One of the biggest …
Fox Business

Most Americans with High Deductible Health Plans Don’t Shop or Save: Study
More and more Americans have health insurance that requires them to open their wallets for the first few thousand dollars’ worth of …
Insurance Journal

Why I Asked For A $35K Increase When Interviewing For A New Job
Welcome to The Salary Chronicles, where we’re bringing transparency to negotiation and salaries, one story at a time. We ask women …

10 ways to live below your means without feeling deprived
Spending less than you earn is one sure path to financial security. But that doesn’t have to mean a spartan lifestyle. You can still …
USA Today

Tools to tackle your own savings crisis
If you’re like most Americans, you’re not saving enough. While there have been some improvements over the past few years in …

Simple Habits That Will Save You From Cash Crisis
Stabilizing your cash flow is critical if you want your business to survive the first few years. I learned this the hard way. My first …

Teaching Financial Literacy to Kids: Spending Choices
Just like everyone, kids have to make choices every day: what to wear, what to play at recess, which bedtime story to read. Each …

Put Yourself on a Financial Diet Now for a Happier Retirement Later
Developing some healthy financial habits now can help set you up for a secure retirement. And it may even let you retire sooner than …

4 Ways to Get a Raise for 2018
Hoping for a raise going into 2018? You’re not alone. Most of us could use more money, whether it’s to pay the bills, save for …
Fox Business

What’s The Maximum Benefit Amount?
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits …

“Thanks, but I’d rather get my finacial advice off the Internet.”
Copyright © Randy Glasbergen
Who is the Italian statistician who published a 1912 paper on the income distribution of a nation’s citizens and who has now given his name to a measurement of inequality?
See the answer below.
How to get out of the overspending trap
What is the best way to control spending? No matter what I do to control spending and pay down my credit card, I always feel like I …
What Year Was It?

Washington Monument Completed

Washington Monument Completed

Workers place a nine-inch aluminum pyramid atop a tower of white marble, completing the construction of an impressive monument to the city’s namesake and the nation’s first president, George Washington.
The day was Dec 6. What year was it?

Quote of the Week
“Opportunity is missed by most people because it is dressed in overalls and looks like work.”
Thomas Edison
Trivia Answer
Who is the Italian statistician who published a 1912 paper on the income distribution of a nation’s citizens and who has now given his name to a measurement of inequality?
Answer: (Corrado) Gini
Tom Umstattd, CPA
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Austin, TX 78750
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