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Jun 15, 2022
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IRS Increases Mileage Rates Because of High Gas Prices
In response to rapidly rising gas prices, the IRS took the unusual step of increasing the standard mileage rates in the middle of the year (they're normally adjusted for inflation only once per year). The mileage rates that were raised are used to calculate tax deductions for the use of an automobile (i.e., a car, pickup …
Kiplinger
How Do Student Loans Factor Into Your Taxes?
Student loans and taxes. Two subjects that few people enjoy thinking about. However, if you have student loans, they are likely to impact your tax bill …
Investopedia
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Several Factors are Converging to Push Gas Prices Higher
There is little evidence that gasoline prices, which hit a record $5 a gallon on Saturday, will drop anytime soon. Rising prices at the pump are a key …
ABC News
How Inflation Impacts Your Savings
The national average cost of a movie ticket in 2005 was $6.41. By 2019, it was $9.16.1 In 2022, the average Fandango ticket price is $16.29.2 That's …
Investopedia
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The Year Social Security Will Run Out of Money Just Changed
After years of alarming headlines about the imminent insolvency of Social Security, Americans just got some good news. The agency's funds are now …
Money
6 Things You Need To Know Before Taking Out A Loan
Marketing tactics such as these are enough to lure the average person into the trap of getting external financing. Then they enter a life-long rat race …
Finance Monthly
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The 5 Biggest Regrets People Have About Retirement
It is easy to identify things you could have done differently knowing what you know today. If only we had a crystal ball, life could be so much …
Kiplinger
How to Negotiate with Debt Collectors
If you've got past due debt and don't want to pay the full amount, you may be able to negotiate that debt down significantly. Depending on your personal …
Money
Cartoon
"Due to budget constraints, we're cutting your hours. You only have to work every-other-minute."
Copyright © Randy Glasbergen
Congress Adopts the Stars and Stripes
What Year
The Continental Congress adopts a resolution stating that "the flag of the United States be thirteen alternate stripes red and white" and that "the Union be thirteen stars."
The day was Jun 14. What year was it?
Quote of the Week
"If you don't value your time, neither will others. Stop giving away your time and talents. Value what you know & start charging for it."
Kim Garst
Trivia
What are the two colors or pigments of ink that are used to print on the 2001 one dollar bill?
See the answer below.
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ABRAHAM BUSINESS SOLUTIONS PC · 10333 Harwin Dr. · Ste 495 · Houston, TX 77036 · USA