January 31st, 2018 Newsletter

Jan 31, 2018
4 Ways the New Tax Changes Affect Your Finances

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As hectic as December tends to be, with holiday travel, festivities and year-end deadlines, you may not have had time to sort out what the new tax law really means for your situation. Now that you have put away the holiday …
Kiplinger

Here’s Why Your Tax Refund Might Get Delayed This Year
Each year, the vast majority of taxpayers receive some sort of refund Opens a New Window. upon filing their tax returns, and 2018 …
Fox Business
Who can take the new business tax deduction? Even tax experts aren’t sure
If you report business income on your individual federal tax return, figuring out your 2018 taxes is about to get more complicated …
CNN Money
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How to Save Money on Your Mortgage
Buying a home in your youth is not necessarily the best course of action. However, if you’ve already purchased a home or are planning …
Investopedia

Buying a home as an unmarried couple? Do these 3 things
Love and marriage don’t always go together, no matter what Sinatra says. If you’re in a committed relationship but nuptials are …
ABC News
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2018 Could Be Grandparents’ Year to Pump $150,000 into 529 Plans
Parents can now use 529 college savings plans to pay for K-12 private school tuition. That could give grandparents added incentive …
Kiplinger

Rent to Own – A Home Buying Option With No Down Payment Required
Are you sick of paying rent month after month with nothing to show for it? For generations, home ownership has been an American dream …
Investor Junkie
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Why Are Doctors So Expensive?
Why do doctors charge so much? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from …
Forbes

5 Things Young Workers Can Do Now to Retire Early
If you’re in your 20s or 30s, retirement probably seems like a faraway dream. However, if you make the right financial moves early …
Fox Business
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How many years of retirement do you need to fund?
When planning for retirement, the one question most people can’t answer with any certainty is this: How many years of retirement …
USA Today

Why Financial Literacy is So Important
In past generations, cash was used for most daily purchases; today, it’s rarely flashed, especially by younger shoppers. The way we shop has changed as well. …
Investopedia
Cartoon
“If you claim depreciation on the hat, I can save you a fortune on your taxes. Call me.”
Copyright © Randy Glasbergen
Trivia
Who suggested the design for the first penny?
See the answer below.
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5 Midlife Millionaires
We all know the stories of entrepreneurs like Steve Jobs and Mark Zuckerberg, who made it big at a ridiculously early age. But for …
Kiplinger

What Year Was It?

Truman Announces Development of H-bomb

Truman Announces Development of H-bomb

President Harry S. Truman announces his decision to support the development of the hydrogen bomb, a weapon theorized to be hundreds of times more powerful than the atomic bomb.
The day was Jan 31. What year was it?

Quote of the Week
“Frugality includes all the other virtues.”
Cicero
Trivia Answer
Who suggested the design for the first penny?
Answer: Benjamin Franklin
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