February 27th, 2019 Newsletter

Pros and Cons of Getting a Tax Extension
Some people are late with their taxes because they procrastinate Opens a New Window. . Others, however, fall victim to missing tax documents Opens a New Window. and delays on the part of their accountants. If you’re running …
Fox Business
10 Tax Breaks for the Middle Class
If you believe that tax breaks are reserved for hedge fund managers and companies with offshore subsidiaries, you’re probably paying …

Here’s what taxpayers need to know about the new Form 1040
Taxpayers need to be prepared to use new tax forms this year. The 2017 Tax Cuts and Jobs Act brought a lot of changes to the U.S. tax …

Are You Spending On Growing Your Wealth?
Living within your means is a great idea, but it may not grow your wealth. Some believe that financial planning is an exercise in living …

How long should it take to get my tax refund this year?
Many taxpayers are anxiously awaiting this year’s tax refund that they hope to use to pay down debt, pad their savings or make a big …
USA Today

This Is What Americans Regret Spending Money On The Most
Making smart choices about what you do with your money will help set you up for a secure future. Unfortunately, most of us don’t make …
Fox Business

Write-Offs and Write-Downs: The Main Differences
The difference between a write-off and a write-down is just a matter of degree. A write-down is performed in accounting to reduce the value …

5 Questions You Must Answer Before And During Retirement
Every retirement is different. Yet, some issues and questions are common to almost all everyone’s retirement. Many of these questions …

The 7 Most Common Social Security Mistakes
If you’re older than 55, Social Security planning comes front and center as you think about your retirement income picture. When should …

62% of Americans Are Making This Retirement Savings Mistake — Are You?
We all make mistakes, and many of them hurt us in one way or another. A 2013 CareerBuilder survey found that 58% of resumes were dismissed …
Fox Business

Unhappy with your tax refund? Make your own!
One thing we have learned in the United States this tax season: Refunds make Americans happy – and not getting one, or getting a smaller …

“I need something to relieve my stress. Can you prescribe some money?”
Copyright © Randy Glasbergen
Who supplied most of the copper for the first U.S. pennies to be minted?
See the answer below.
Is that my bill? Eating out at full-service restaurants is getting more expensive
You may want to make “dinner and a movie” just “a movie.” Prices at full-service restaurants – eateries with waitstaff, unlike fast-food …
USA Today
What Year Was It?

Two National Parks Preserved – 10 Years Apart

What Year

Two national parks were established in the United States 10 years apart. The Grand Canyon and the Grand Tetons.
The day was Feb 26. What year was it?

Quote of the Week
“Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.”
Ayn Rand
Trivia Answer
Who supplied most of the copper for the first U.S. pennies to be minted?
Answer: Paul Revere
Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750
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