July 27, 2022
Capital Gains Tax 101
Billionaire business owner Warren Buffett once famously commented that his secretary paid taxes at a higher rate than he did. Although there are surely many factors at play – among them Buffett's intentionally low salary and his large charitable donations - a big part of the story is that Buffett earns a relatively …
Can Filing For Bankruptcy Make Your Tax Debt Go Away?
You may have heard that if you're up to your eyeballs in tax debt to the IRS, bankruptcy won't help you. That's true-most of the time. The nuanced …
40% of Americans Are Struggling to Pay Their Bills Right Now
More Americans are struggling to pay their bills now more than any other time in 2022 — and possibly even since the pandemic began. For more than 91 …
What Impact Does Inflation Have on the Dollar Value Today?
The impact inflation has on the time value of money is that it decreases the value of a dollar over time. The time value of money is a concept that describes …
Student Loan Forgiveness: Navigating the Maze
The Department of Education announced a short-term opportunity for expanded loan forgiveness in an effort to remedy the past administrative failures …
U.S. Will Soon Find Out It 'Met the Technical Definition of a Recession'
Kevin Mahn, president and chief investment officer of Hennion & Walsh Asset Management, argued Friday that data will soon reveal the United States "met …
Fox Business
Be Prepared For These 5 Personal Loan Requirements
One thing to remember when considering a personal loan is that the interest rate may be higher than what you would get on a mortgage or car loan. Therefore …
Finance Monthly
You're Probably Going to Get a Big Raise in 2023
Next year, you might be getting your biggest raise in more than a decade. Thanks to a tight labor market, salary budgets for workers are expected to grow …
"If an invoice is due in 30 days, we pay it in 60 days. If it's due in 60 days, we pay it in 90 days. If it's due in 90 days, then they probably don't need the money anyway."
Copyright © Randy Glasbergen
House Begins Impeachment of Nixon
What Year
The House Judiciary Committee recommends that America's 37th president, Richard M. Nixon, be impeached and removed from office.
The day was Jul 27. What year was it?
Quote of the Week
"There are so many different kinds of motivation for investing or giving or parting with your money in whatever other way, and plain old financial return is obviously attractive. But people are not always rational and are not just looking for that."
Jessica Jackley
In the world of business, what is the meaning of the acronym IPO?
See the answer below.

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