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August 24, 2022

Tax-Smart Ways to Share the Wealth with Kids
As parents or grandparents, we want to do what's best for our children and grandchildren. We want them to enjoy the gifts we've given them during our lifetimes – family traditions, connections and values - and we also want our financial legacy to pass to them without complications. But if we don't manage …
Kiplinger

Missing Your Tax Refund? IRS Could Pay You More in Interest
Millions of Americans are still awaiting their tax refunds from the IRS, but there is a silver lining: The money may be accruing interest - and rates …
Fox Business

More and More People Think American Kids Will Struggle Financially
Between rising prices, a housing affordability crisis and the threat of a recession, it's no wonder nearly three-quarters of Americans say kids in the …
Money

Everyone Has A Credit Score, But How Do You Keep It Good?
Although there is no uniformity in credit scores, they usually consider the following when generating your credit score: One of the ideal ways to improve …
Finance Monthly

5 Effective Ways to Prepare for a Recession in 2022 & Beyond
According to the pros, a recession is on its way. In a recent Bloomberg article, reports from leading experts at both multinational organizations …
Investor Junkie

Reasons Not to File for Bankruptcy in Your 20s
Your 20s can be a time of great financial challenge: You're not quite skilled enough to get the job of your dreams in the "real world," yet you have bill …
Investopedia

Social Security Benefits Could Increase at Decades-High Rate
While inflation improved slightly in July, Social Security could still see its highest increase in decades in 2023, according to the latest forecast …
Fox Business

Students Required to Take Personal Finance Classes. Is It Working?
As high school students head back to the classroom this year, a growing number of them might have a class schedule that includes reading, writing and …
USA Today

"There's an error on my bill. You accidentally sent it to someone who has no money."
Copyright © Randy Glasbergen

Vesuvius Erupts

After centuries of dormancy, Mount Vesuvius erupts in southern Italy, devastating the prosperous Roman cities of Pompeii and Herculaneum and killing thousands.
The day was Aug 24. What year was it?

Quote of the Week
"Wealth consists not in having great possessions, but in having few wants."
Epictetus

Trivia
The financial ratio which divides a company's 'liquid assets' by 'current liabilities' is known by what popular term?
See the answer below.

NEWSLETTER ARCHIVES

Abraham Tax & Business Solutions | 16225 Park Ten Place Suite 500 | Houston TX 77084

Sam Abraham, CPA
Abraham Business & Tax Solutions
16225 Park Ten Place Suite 500
Houston TX 77084
Phone: +1 832-426-4829

The articles in our publications come from many sources. We do not endorse information or opinions appearing in linked articles. The articles selected are not sponsored, and we assume no responsibility for the accuracy of the information. Copyright for linked articles belongs to the linked source.

Trivia Answer
The financial ratio which divides a company's 'liquid assets' by 'current liabilities' is known by what popular term?
Answer: Acid Test (or 'Quick Ratio')

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