July 5th, 2018 Newsletter

New tax form shrinks in size, not work
The Trump administration may deliver on its promise to reduce a commonly used tax form to postcard size, but it does not shrink the workload for many Americans filling out their taxes. A draft copy of the new 1040 income tax form …
ABC News

This tax strategy is ‘skyrocketing’ in popularity, expert says
While a significant number of taxpayers are no longer able to itemize under the new tax code, Americans are tapping creative ways to maximize …
Fox Business

Students are lowering or avoiding college tuition and student loans
As many Americans struggle with student debt, a growing number of college-bound teenagers have found a way to sidestep as much as $44,000 in …
USA Today

Younger Workers Are Worried About Outliving Their Retirement Savings
Running out of money Opens a New Window. is a major concern for today’s older workers. But a new report Opens a New Window. from the National …
Fox Business

The $6.3 trillion debt: American companies have never owed this much
US companies, encouraged by a decade of unbelievably low borrowing costs, are sitting on $6.3 trillion of debt, according to S&P Global …
CNN Money

How to Manage an Inheritance
What should you do after inheriting a large sum of money? In the finance world, an inheritance is referred to as “money in motion …
Investopedia

Ready for the New Partnership Tax Audit Rules?
Partnerships are one of the most commonly used business and estate planning tools, and they come in a variety of wrappers or names, such as …
Kiplinger

Is Taking Student Loans For Graduate School Worth It?
Are you considering graduate school? If you’re like most American graduate students, you’re probably going to borrow at least a portion of your …
Forbes

How to get a credit card when you’ve never had one
The Uber Visa, launched last fall, may target on-the-go millennials with amazing rewards, such as 4 percent for eating out and 3 percent on …
USA Today

Are your credit card perks shrinking?
Your credit card perks are designed to feel like a gift that keeps on giving. But they are not guaranteed to last. Buried deep in any credit …
CNN Money

70 Valuable Things You Can Get for Free
Only one thing beats getting a good price on something, and that’s getting it for free. Our list of freebies is packed with 70 something-for …
Kiplinger

“The stock market suffered from a dip today. The dip has been identified as Mr. Homer Noodlebutt…”
Copyright © Randy Glasbergen

Trivia
How many years does an average penny last?
See the answer below.

The Best Time to Trade-In or Sell Your Car
By Dennis Miller via Iris.xyz For many a car lover, retiring rich requires the end of a lifelong love affair. I empathize with them all …
Fox Business

What Year Was It?

Bikini introduced

French designer Louis Reard unveils a daring two-piece swimsuit at the Piscine Molitor, a popular swimming pool in Paris.
The day was Jul 5. What year was it?

Quote of the Week
“I find it very difficult to see a scenario where financial regulation doesn’t pass the Senate.”
Bob Corker

Trivia Answer
How many years does an average penny last?
Answer: 25 years

SUBSCRIBE TO OUR NEWSLETTER

NEWSLETTER ARCHIVES

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

The articles linked in our newsletter come from many sources and are provided for informational purposes only. We do not endorse information or opinions appearing in the various articles linked in our newsletter. The articles selected are not sponsored or endorsed and we assume no responsibility for the accuracy of information contained in articles linked in our newsletter. Copyright for linked articles belongs to the linked source.

Navigation

Tom Umstattd, CPA

Comments are closed.