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May 4, 2022
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Tax Implications for Reverse Mortgages
A reverse mortgage can be a helpful retirement tool. After all, these loans let you tap into your home equity without selling the house or taking on an extra monthly payment. Because these loans provide supplemental income—and you pay interest on the proceeds—you might wonder how reverse mortgages affect your taxes …
Investopedia
How Your Retirement Savings and Income Are Taxed
There is one commonality that everyone shares in retirement – a price tag. Your price tag may be different from your neighbors’ or your friends’, but …
Kiplinger
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How to pay off debt fast
It's possible to overcome debt, especially when you understand how you can repay each type of debt. From student loans to high-interest credit card …
Fox Business
Student Loan Forgiveness: Who Would Get the Largest Benefits
Wide-spread student loan forgiveness would predominantly benefit younger Americans living in high-income areas, according to a recent study by the …
Money
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Keeping Property in the Family with LLCs and Partnerships
Land is unique; there is no more of it being made. It's for this reason families will hold tight to farms, ranches and coastal property for continued …
Kiplinger
Credit card companies adjust merchant fees. Consumers may pay the price
Processing fees, or "swipe" fees, on credit cards are likely rising for millions of businesses, but whether this is a classic case of corporate greed …
USA Today
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88% of adults support requiring personal finance education in high school
Most adults in the U.S. support guaranteed access to personal finance education for high school students. Eighty-eight percent of adults surveyed by …
CNBC
What Is Short Selling Stocks? Should I Do It?
Short selling, the subject of the popular film The Big Short has received a lot of media attention recently. While some might present short selling as an …
Investor Junkie
Cartoon
"Our financial outlook is improving. The price of red ink just went down."
Copyright © Randy Glasbergen
Rabin and Arafat Sign Accord
What Year
Israeli Prime Minister Yitzhak Rabin and PLO Chairman Yasser Arafat reached agreement in Cairo on the first stage of Palestinian self-rule.
The day was May 4. What year was it?
Quote of the Week
"I'm a great believer in luck, and I find the harder I work the more I have of it."
Thomas Jefferson
Trivia
Which president is on the US $100 bill?
See the answer below.
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ABRAHAM BUSINESS SOLUTIONS PC · 10333 Harwin Dr. · Ste 495 · Houston, TX 77036 · USA