August 10, 2022
The Inflation Reduction Act and Taxes: What You Should Know
You’re probably not thinking much about taxes right now, in part because record inflation has you paying sky-high prices for essentials like food, clothing, and gas. But the U.S. Senate on Sunday passed the Inflation Reduction Act of 2022, a sweeping piece of legislation initially proposed by Senate Majority  …
12 Accounting Mistakes New Business Owners Often Make
A new business won't survive long if it doesn't have solid cash flow and a good accounting system in place. Unfortunately, some of the most common …
Small Business Trends
The IRS Wants to Change the Crypto Question on Tax Returns
When you file your 2022 taxes, you're likely to come across a new question about cryptocurrencies right on the first page of your tax return. But it …
What Is a 529 Plan?
A 529 plan is a tax-advantaged savings plan designed to help pay for education. Originally limited to post-secondary education costs, it was …
How Much More You'll Pay for School Supplies This Fall
Happy Monday, Daily Money readers! Jayme Deerwester back with you. If you've been in a big box store lately, you've probably seen some back to school …
USA Today
The Richest Countries In The World
Most of the countries at the top of a new list of the wealthiest in the world are not among the biggest or the mightiest. Many, in fact, are among the …
Will a Recession Affect Your Retirement?
News headlines give anyone saving for retirement plenty to worry about. Inflation. High gas prices. Rising interest rates. Rumblings of a possible …
Things To Consider Before Buying A Property In The Current Economy
This article will discuss some things you need to consider before buying a house. Keep in mind that while the market may be unstable now, it could …
Finance Monthly
"You have to spend money to make money. So I bought myself a cabin cruiser, luxury sports car, and giant screen plasma TV."
Copyright © Randy Glasbergen
Smithsonian Institution Created
What Year
After a decade of debate about how best to spend a bequest left to America from an obscure English scientist, President James K. Polk signs the Smithsonian Institution Act into law.
The day was Aug 10. What year was it?
Quote of the Week
"Maybe we all need to leave our children with a value legacy, and not a financial one. A value for things with a personal touch - an autographed book, a soul-searching letter."
Lakshmi Pratury
Which is not a unit of currency: Bursa, Escudo, Real, Rand
See the answer below.

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