Newsletter | News Brief
Hope you are safe and well. The tax deadline is finally approaching! Individual tax returns are due July 15, 2020, although an extension is available through October 15. If needed, we will file one for you automatically, no signature required.

We continue to work from our home and can receive both original tax data and missing information by mail or DropBox. Christine is also available in the office.

You are all amazing people and I am thankful for each one of you. Stay well!
Mark W. Payne, EA, CFP
Mary Anne Payne, CPA

1900 So. Norfolk St. #215, San Mateo
Jul 8, 2020
Tax deadline: 4 tips for filing by July 15
Tax season is stressful for many consumers in the best of times, but 2020's pandemic has heightened those anxieties. Tax season was pushed back due to the COVID-19 pandemic, but it didn't disappear. Here are four ways to …
USA Today
What Are the Real Chances Your Taxes Will Get Audited by the IRS This Year?
Tax Day may have been pushed back a couple months, but Americans’ fear of getting audited is surfacing right on schedule. Earlier this …
Here’s an easy, low-cost way to build a retirement plan like the pros
Saving for retirement can be hard. Planning how to spend that nest egg — while ensuring the money doesn't run out — is harder. But …
Do I need to buy life and disability outside of my job?
If my husband and I have life and disability policies through our employers, is that sufficient? Both of us have very high …
USA Today
HSAs Get Even Better
As the country dealt with the fallout from the coronavirus pandemic this spring, lawmakers and regulators scrambled to ease the pain …
Stimulus money could pose dilemmas in nursing homes
Nursing home residents are among the Americans getting $1,200 checks as part of the U.S. government's plan to revive the …
ABC News
The Pros and Cons of 529s vs. UTMA Accounts
When Albert Einstein said that compound interest is the universe's most powerful force, he wasn't kidding. Set aside $5 a day, every …
The Relationship Between Interest Rates and the Bond Market
With the current climate around the economy and market, many people are becoming interested in bond prices and interest rates and how …
Investor Junkie
Good Debt Vs. Bad Debt. What's the Difference?
There certainly is an argument to be made that no debt is good debt, but borrowing money and taking on debt is the only way many people …
Nearly half the U.S. population is without a job
Nearly half of the population is still out of a job showing just how far the U.S. labor market has to heal in the wake of the …
For Financially Responsible Kids, Do NOT Do These 3 Things
No, I'm not a middle-aged ogre delighting in the social setbacks of the young. I'm a fan of the young people out there who are learning …
"Stocks plummeted today on forecasts that the sun will rise again and tomorrow will be another day."
Copyright © Randy Glasbergen
What are the only states that accept the penny in toll booths?
See the answer below.
Find a Great Place to Retire
Choosing a place to spend your retirement years has never been easy, but these days, it's particularly challenging …
What Year Was It?
Monkey Trial Begins
What Year
In Dayton, Tennessee, the so-called "Monkey Trial" begins with John Thomas Scopes, a young high school science teacher, accused of teaching evolution in violation of a Tennessee state law.
The day was Jul 10. What year was it?
Quote of the Week
"Derivatives in and of themselves are not evil. There's nothing evil about how they're traded, how they're accounted for, and how they're financed, like any other financial instrument, if done properly."
James Chanos
Trivia Answer
What are the only states that accept the penny in toll booths?
Answer: Illinois and New Jersey
Payne Financial Consulting
1900 So. Norfolk Street, Suite 215
San Mateo, CA 94403-1151
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