March 27th, 2019 Newsletter

How do I file an extension on my taxes?
Taxes, unpopular though they may be, fund government services Americans count on every day. Individual income taxes may be especially hated — but they are also important, accounting for 48% of federal tax revenue. For the vast …
USA Today

Ways to Avoid IRS Underpayment Penalties
If your tax bill is larger than expected, you may be in for another unpleasant surprise: an underpayment penalty. Taxpayers who owe Uncle …
Kiplinger

These tools will help you get your student loans forgiven
Student debt burdens tens of millions of people every year. If you are a government worker, and have been consistently paying your …
CNBC

Cutting Back on These 3 Expenses Only Cost Me More Money
Saving money Opens a New Window. often boils down to cutting back on expenses to free up cash. And in my line of work, I find myself …
Fox Business

Taxes From A To Z 2019: J Is For Jackpot
It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can claim …
Forbes

3 ways to stop falling for common money mistakes even smart people make
Certified financial planner Jill Schlesinger has seen smart people make some pretty spectacular money mistakes. One client who …
USA Today

Your 401(k): What’s the Ideal Contribution?
No matter your age, you probably have lots of questions and concerns about saving for retirement. How to save for it, what options …
Investopedia

If you hit the $750 million Powerball jackpot, here’s your tax bill
After no one hit all winning numbers in Saturday night’s drawing, the top prize has jumped to a whopping $750 million. And while players …
CNBC

Get Cash for Unwanted Gift Cards
Gift card transactions in the U.S. totaled an estimated $160 billion in 2018, according to projections from technology company CEB. Of …
Kiplinger

How To Protect Your Social Security Number From Data Breaches
Sadly, data breaches have become so common that every few weeks, reports of another massive hack circulate, as regular as clockwork …
Fox Business

6 Reasons to Avoid Private Mortgage Insurance
Before buying a home, you should ideally save enough money for a 20% down payment. If you can’t, it’s a safe bet that your lender will …
Investopedia

“Your life insurance policy only pays if you’re completely dead. No partial benefits for zombies.”
Copyright © Randy Glasbergen

Trivia
On the reverse side of the 2001 one dollar bill, above the pyramid, is the Latin phrase “annuit coeptis”. What does this mean?
See the answer below.

8 Things Americans Would Rather Do Than File Taxes
When you think of filing taxes, the word “fun” rarely comes to mind. But you may be surprised by just how much some Americans despise the …
Fox Business

What Year Was It?

FDA Approves Viagra

The Food and Drug Administration approves use of the drug Viagra, an oral medication that treats impotence.
The day was Mar 27. What year was it?

Quote of the Week
“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”
Robert G. Allen

Trivia Answer
On the reverse side of the 2001 one dollar bill, above the pyramid, is the Latin phrase “annuit coeptis”. What does this mean?
Answer: God has favored our undertaking

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

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