March 20th, 2019 Newsletter

Can I Deduct That As A Business Expense?
I work with many business owners and by far, the most commonly asked question I get is, “Can I deduct that as a business expense?” As with all good tax law questions, it depends on a lot of factors — the type of expense, the type …
Forbes
Will moving to a higher tax bracket cause me to have a lower net income? 
Many people think that when their income increases by just enough to push them into a higher tax bracket, their overall take-home pay …
Investopedia
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Taxpayers are leaving $1.4 billion in tax refunds on the table
The IRS is sitting on $1.4 billion in unclaimed tax refunds, and taxpayers are running out of time to grab their cash. These tax refunds …
CNBC

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4 Reasons Americans Today Aren’t Saving Money
When it comes to savings, there are two primary goals for working folks to focus on: emergency savings and retirement savings …
Fox Business
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These surprising hacks can seriously boost your credit score
Good credit isn’t just about paying your bills on time and keeping your credit card balances low, and outside-the-box hacks can boost your …
USA Today

Why Millennials Aren’t Ready for the Next Financial Crisis
As the bull market celebrates its 10th anniversary in March, marking the economy’s longest expansion in decades, one generation of American …
Investopedia
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Paying for Continuing Education With a 529 Plan
Eligible institutions are accredited colleges, universities, vocational schools and other postsecondary educational institutions that …
Kiplinger

Why Reward Credit Cards Can Be Bad For The Poor
This isn’t about shaming anyone. I’ve been there. I lived in a tiny town in South Dakota and earned $6 an hour cleaning floors for local …
Forbes
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How to negotiate for more college financial aid
For every parent like Felicity Huffman and Lori Loughlin who tried to buy their kid’s way into college, there are a slew of others who …
CNBC

Nearly Half of Americans Don’t Expect to Live Comfortably in Retirement
Your golden years are supposed to be a time for relaxation, leisure and reflection. After all, you’ve spent the last several decades …
Fox Business
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38 Ways to Earn Extra Cash in 2019
Coming up with extra cash to pay the bills, cover unexpected expenses, boost savings, accelerate your 401(k) or perhaps even finance …
Kiplinger

Cartoon
“I have 40% of my portfolio invested in fire. I think it’s the technology of the future.”
Copyright © Randy Glasbergen
Trivia
In a newly printed US $20 bill, to what side is which president offset?
See the answer below.
Taking Money out of an Individual Retirement Account While Working
Yes, you can take money out of your IRA plan if you’re still working, but you may not want to for three main reasons. The first is the …
Investopedia
What Year Was It?

LBJ Sends Federal Troops to Alabama

What Year

President Johnson notifies Alabama’s Governor Wallace that he will use federal authority to call up the Alabama National Guard in order to supervise a civil rights march from Selma to Montgomery.
The day was Mar 20. What year was it?

Quote of the Week
“If all the economists were laid end to end, they’d never reach a conclusion.”
George Bernard Shaw
Trivia Answer
In a newly printed US $20 bill, to what side is which president offset?
Answer: Jackson; left
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Austin, TX 78750
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