June 12th, 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

How to Fill Out Your W-4 Form
You’ve just started a new job, and you’re feeling pretty fantastic about it. Then your employer gives you a tax form called a W-4 …
Investopedia

The gender wage gap widens among educated workers
Women with a bachelor’s degree earn 74 cents for every dollar a man with a bachelor degree makes, according to a new analysis by the …
CNBC

Millennial Money: How to share a deed without an ‘I do’
My partner had a goal: He wanted to be a homeowner by 30. A natural at saving, he built up a down payment throughout his mid-20s. I …
ABC News

Next Social Security Raise Likely Meager
An inflation rate of less than 2% may be good news for shoppers, but it’s worrisome for seniors who rely on Social Security for …
Kiplinger

Estate Planning: 14 Things to Do Before You Die
When Aretha Franklin died intestate—without a legal will—in 2018, she joined a surprisingly long list of famed people who also did not …
Investopedia

3 times my emergency fund has saved me
There’s a reason we’re all supposed to have money in savings: You never know when life might throw you a curveball, and an expensive one …
USA Today

Mistakes You’re Making With Your Retirement Plan
The only certainty in retirement planning is that you’ll never get it exactly right. You can’t know how long you’ll live or how …
Fox Business

One Word That Can Improve Your Financial Wellness
Can one single word change your financial life and perhaps completely change your life story? Sound a little too simplistic? Before you …
Forbes

The Complete Guide to Savings Accounts
If the only type of bank account you have is a checking account, you’re missing out. Open a savings account, and you’ll be able to set …
Investopedia

Smart Ways to Give (or Lend) Money to Family
Parents spend more than $500 billion annually assisting young adults with student loans, housing, groceries, car payments, cell …
Kiplinger

“…and that’s why you need to raise my allowance!”
Copyright © Randy Glasbergen

Trivia
What fraction of coins produced by the U.S. Mint are pennies?
See the answer below.

3 Reasons You Should Retire Later Than Planned
Retirement is an exciting milestone in everyone’s life, and most people think it can’t come fast enough. But if you rush into …
Fox Business

What Year Was It?

Reagan Challenges Gorbachev Over Berlin Wall

In one of his most famous Cold War speeches, President Ronald Reagan challenges Soviet Leader Mikhail Gorbachev to “tear down” the Berlin Wall.
The day was Jun 12. What year was it?

Quote of the Week
“I have not failed. I’ve just found 10,000 ways that won’t work.”
Thomas A. Edison

Trivia Answer
What fraction of coins produced by the U.S. Mint are pennies?
Answer: 2/3

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

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Tom Umstattd, CPA

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