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October 19, 2022
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Top 10 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 is the tax breaks you can claim. Another popular belief surrounding home businesses, however, is that claiming aggressive-and maybe slightly exaggerated-write-offs is a sure-fire way to attract IRS …
Investopedia
Taxable or Tax-Deferred Account: How to Pick
Which investments you hold matters (and in what proportions), but so, too, does where you hold them, whether it's in a tax-advantaged account or a …
Kiplinger
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How Uber-Rich Pass Wealth to Heirs Tax-Free
A lousy stock market is often no reason for investors to cheer. But for the uber-rich, it may offer a route to lower estate taxes down the road …
CNBC
Expensive Mortgage Mistakes And How To Avoid Them
There are just so many factors new and returning homeowners have to consider before making their final decision. One of these factors is the mortgage …
Finance Monthly
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How Does a Cost-of-Living Adjustment Affect My Salary?
Some companies build salary adjustments into their compensation structures to offset the effects of inflation on their employees. Cost-of-living …
Investopedia
Social Security Benefits to Jump by 8.7% Next Year
Millions of Social Security recipients will get an 8.7% boost in their benefits in 2023, a historic increase but a gain that will be eaten up in part …
ABC News
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Who Benefits From Inflation?
It's no secret that rampant inflation has taken hold. With the Consumer Price Index, a commonly used measure of inflation, sitting above 8%, we've …
Forbes
Prices for These 20 Items Are Rising Faster Than Overall Inflation
As inflation increased yet again in September, costs in certain spending categories, ranging from pet food to car insurance, shot up at a much faster …
Money
Cartoon
"Can I write off last year's taxes as a bad investment?"
Copyright © Randy Glasbergen
Victory at Yorktown
What Year
Hopelessly trapped at Yorktown, Virginia, British General Lord Cornwallis surrenders 8,000 British soldiers and seamen to a larger Franco-American force, effectively bringing an end to the American Revolution.
The day was Oct 19. What year was it?
Quote of the Week
"In all realms of life it takes courage to stretch your limits, express your power, and fulfill your potential... it's no different in the financial realm."
Suze Orman
Trivia
In the US, Keogh Plans are full-fledged pension plans for small businesses and what other type of people?
See the answer below.
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ABRAHAM BUSINESS SOLUTIONS PC · 10333 Harwin Dr. · Ste 495 · Houston, TX 77036 · USA