June 5th, 2019

5 Tax Tips for 2019 — and Beyond
Doing taxes is almost always complicated. After all, there’s a lot of paperwork involved, and the cost of mistakes can be high if you underpay and owe penalties or provide incorrect info and find yourself the subject of an audit …
Motly Fool
Top Home Business Tax Tips
It is said so often that it has become a bit of a cliché, but one of the great virtues of starting a home business are the tax breaks …

A financial checklist for your newly minted high school graduate
The summer after high school graduation inevitably includes months-long encounters with various to-do lists. Extra-long-sheet …

What Are Financial Risk Ratios and How Are They Used to Measure Risk?
Financial risk ratios assess a company’s capital structure and current risk level in relation to the company’s debt level. These ratios …

Almost half of all Americans struggle to save $400 for an emergency
Nearly half of all Americans are worried they can’t save $400 for an emergency, exposing a need for better financial education, J.P. …

Widowed? Don’t Waste This Key Social Security Benefit
Facing the death of a spouse is one of the most difficult events a person can go through. Even as you’re suffering the grief of losing …
Fox Business

Saving for College: Are 529 Plans Worth It?
That’s just one question to ask. But there are some other, more pressing, questions to ask first, including am I making a huge retirement …

What’s the average annual income after taxes in every state?
To paraphrase Benjamin Franklin, taxes are one of only two certainties in the world. Americans know this all too well. Taxpayers …
USA Today

6 High-Paying Jobs With Low Education Requirements
If you’re ready to start your career, or make a change from your current job, and you don’t want to spend a lot of time and money on …

62% of Americans Think They’ll Become Millionaires: Here’s How You Can Do the Same
Though there’s no single number that defines “wealthy,” having $1 million or more in assets is a good way to achieve that status. And  …
Fox Business

Affordable Housing Is Doable For Builders And Buyers
As home prices rise across the country, middle-class Americans and first-time home buyers often struggle to find housing within their …

“Due to budget constraints, we’re cutting your hours. You only have to work every-other-minute.”
Copyright © Randy Glasbergen
Thomas Jefferson is on the obverse of the current $2 bill. What is on the reverse?
See the answer below.
Health Savings Account Limits for 2020
For many people, health savings accounts (HSAs) offer a tax-friendly way to pay medical bills. You can deduct your contributions …
What Year Was It?

USS Nautilus Commissioned

What Year

The USS Nautilus, the world’s first nuclear submarine, is commissioned by the U.S. Navy.
The day was Jun 5. What year was it?

Quote of the Week
“Never spend your money before you have it.”
Thomas Jefferson
Trivia Answer
Thomas Jefferson is on the obverse of the current $2 bill. What is on the reverse?
Answer: The signing of the Declaration of Independence.
Tom Umstattd, CPA
13276 Research Blvd, Ste 101
Austin, TX 78750
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