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November 16, 2022
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The New IRS Mileage Rate For 2022
Businesses take on a lot of expenses when they open their doors, which is why business deductions are a lifesaver when tax day rolls around. For some businesses, one major expense is travel. This everyday aspect of work takes a lot of cash to keep it running. So the IRS offers these business owners a mileage rate …
Investor Junkie
How To Deduct Stock Losses From Your Tax Bill
In years characterized by significant stock losses from almost everyone's portfolio, there's at least the small comfort of knowing that these losses …
Investopedia
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You Need to Earn Six Figures to Afford the Typical Home
Homebuyers today need to earn a lot more money than they used to in order to afford a new place to live. To afford the $2,682 monthly mortgage payment …
Money
Economy Forcing Majority of Americans to Delay Financial Milestones
The majority of Americans are delaying financial milestones and even abandoning certain events and activities because of the current state of the …
Fox Business
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Average Monthly Payment for a New Car Hit All-Time High
The average monthly payment for Americans buying new cars climbed to $748 in October, an all-time high. In October, new vehicle transaction …
Money
What to Know If You've Applied for Student Loan Forgiveness
President Joe Biden's plan to provide up to $20,000 in federal student loan forgiveness has been blocked by two federal courts, leaving millions of …
ABC News
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What Is Hyperinflation?
Hyperinflation is a quickly accelerating, out-of-control rise in inflation that occurs when the price of all consumer goods increases at …
Money
8 Tips To Help You Control Holiday Spending
It can be easy to go overboard on holiday shopping. But with some planning and budgeting, celebrating doesn't have to vacuum up all your cash or leave …
Investopedia
Cartoon
"If you feel bad about having a lifespan of only 13 years, imagine paying taxes for 80 years!"
Copyright © Randy Glasbergen
First Issue of Life Magazine
What Year
The first issue of the pictorial magazine Life is published, featuring a cover photo of the Fort Peck Dam by Margaret Bourke-White.
The day was Nov 23. What year was it?
Quote of the Week
"Try to save something while your salary is small; it's impossible to save after you begin to earn more."
Jack Benny
Trivia
Which president is on the front of a US $50 bill?
See the answer below.
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ABRAHAM BUSINESS SOLUTIONS PC · 10333 Harwin Dr. · Ste 495 · Houston, TX 77036 · USA