July 17th, 2019 Newsletter

10 tax tips for college grads
Most college majors don’t get students ready for handling taxes – and as they start new jobs, face a rapidly changing economy, and bear up under massive amounts of student loan debt, today’s college graduates can’t afford  …
Accounting Today
Countries Without Income Taxes
Some of the most popular countries that offer the financial benefit of having no income tax are Bermuda, Monaco, the Bahamas, Andorra …

What Are The Top Ways To Save On Everyday Spending?
Spend less on your energy bill. Make small everyday changes to lower the cost of your energy bill. Did you know that 4% of your energy …
Finance Monthly

Five Steps to Buying an Investment Property
There are a lot of good reasons why real estate assets should be in your investment portfolio. And there are many ways to …
Investor Junkie

Minimizing Taxes In Divorce Without The Alimony Deduction
Balancing family dynamics when going through a divorce is never easy. New laws have added an additional layer of complexity. Before …

Millennial Money: Investing is well within your reach
News headlines might lead you to believe that millennials are striking out on a growing list of financial accomplishments: homeownership …
ABC News

Give the Money, Keep the Tax Break with Donor-Advised Funds
I doubt many people would say that getting a deduction on their income taxes is their main motivation for charitable giving. It’s …

How student loans are making some people abandon their dreams
Every day the 27-year-old comes home from his job as a supervisor at a big-box retailer and heads right to his bedroom. He doesn’t …

Students graduating in these states are drowning in loan debt
Vermont senator and presidential hopeful Bernie Sanders unveiled a plan to eliminate all outstanding student loan debt in the United …
USA Today

Assets That Increase Your Net Worth
Your net worth calculation provides a financial report card for how you are doing at this point in time. Net worth is calculated by …

6 Ways You’re Unknowingly Sabotaging Your Retirement
What would you do if you discovered a leak in your roof? Repair it as soon as possible or wait until it led to more costly, long-term …

“If an invoice is due in 30 days, we pay it in 60 days. If it’s due in 60 days, we pay it in 90 days. If it’s due in 90 days, then they probably don’t need the money anyway.”
Copyright © Randy Glasbergen
We all know that George Washington is the president featured on the 2001 one dollar bill, but do you know what his middle name was?
See the answer below.
5 Causes of Marital Money Stress (and How to Fix Them)
Are you naturally inclined to spend, save or give money away to charity? Money personalities emerge in childhood. My oldest son …
What Year Was It?

Disneyland Opens

What Year

Disneyland, Walt Disney’s metropolis of nostalgia, fantasy, and futurism, opens. The $17 million theme park was built on 160 acres of former orange groves in Anaheim, California.
The day was Jul 17. What year was it?

Quote of the Week
“I saw the government really using the excuse of a weak economy and a financial crisis to create more government and to push onto the American entrepreneurial society more and more restraints and government activity.”
Rob Portman
Trivia Answer
We all know that George Washington is the president featured on the 2001 one dollar bill, but do you know what his middle name was?
Answer: He had no middle name.
Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750
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