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May 11, 2022
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Are Credit Card Rewards Considered Taxable Income?
With cash-back rates getting as high as 6% nowadays, credit card rewards can result in some significant bucks, especially if you buy a big-ticket item. Great for you as a consumer—but also a lot of ambiguity for you as a taxpayer. Unfortunately, the Internal Revenue Service (IRS) doesn't say much directly on the …
Investopedia
Effective Tax Strategies for the Present and Future
Did you get a surprise when you filed your taxes this year? It’s common for taxpayers to be caught off guard – either owing more than anticipated or …
Kiplinger
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Millennials Save Earlier Than Boomers
Millennials have often been the target of some not-so-great financial stereotypes: The list goes on and on. Sure, some of these stereotypes are based on …
Investor Junkie
College students expect to make $103,880 after graduation
Today's college students expect to make about $103,880 in their first post-graduation job, a survey suggests. But the reality is much lower – as the …
USA Today
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Gas prices are increasing the most in these states
Gas prices remain elevated due to increasing geopolitical tensions and high demand for travel. On Thursday, the national average for a gallon of …
Fox Business
Short Sales vs. Foreclosures: What's the Difference?
After years of disciplined saving and careful planning, a sudden financial crisis—like unemployment, other income loss, interest rate hikes, or an …
Investopedia
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Working in Retirement to Boost Your Income? That Strategy Can Backfire
With rampant inflation and fears of a looming recession, people may be planning to work past retirement age to make up for any shortfalls in savings …
Money
5 Critical Steps to Help Women Financially Prepare for Divorce
As we move through the latter stages of the pandemic, many couples are resuming their plans to end their marriages. These plans were placed on …
Kiplinger
Cartoon
"If you buy now, I'll give you a 30% discount on the amount of time I spend in your office today."
Copyright © Randy Glasbergen
Dust Storm Sweeps from Great Plains
What Year
A massive storm sends millions of tons of topsoil flying from across the parched Great Plains region of the United States as far east as New York, Boston and Atlanta.
The day was May 11. What year was it?
Quote of the Week
"You must gain control over your money or the lack of it will forever control you."
Dave Ramsey
Trivia
Which building is on the back of the US $50 bill?
See the answer below.
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ABRAHAM BUSINESS SOLUTIONS PC · 10333 Harwin Dr. · Ste 495 · Houston, TX 77036 · USA