Newsletter | News Brief
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Sep 18, 2019
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What's the difference between a tax rate and a tax bracket?
Tax brackets refer to the table created when matching filing statuses with their corresponding tax rates. There are three components of a tax bracket: filing status, tax rate, and income range. Tax rates are shown …
Investopedia
4 Important Tax Items Every Retiree Should Know About
Retirement may mean that you’ve stopped working, but it doesn’t mean that you’re finished with worrying about taxes. Many people …
Kiplinger
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How Finance Has Changed With The Times
Banking is one of the oldest businesses in the world, going back centuries ago, in fact, the oldest bank in operation today is the Monte …
Finance Monthly
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Share of uninsured Americans rises for 1st time in a decade
The proportion of Americans without health insurance edged up in 2018 — the first evidence from the government that coverage gains under …
ABC News
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Recession or slowdown? Why you should care about the difference
The United States is on recession watch as market signals flash red. Manufacturing is straining under President Trump's trade …
SF GATE
These are the top 5 most affordable college towns: Report
Kaltbaum Capital Management President Gary Kaltbaum, FoxNews.com columnist Liz Peek, FOX Business' Kristina Partsinevelos and Kadina …
Fox Business
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5 money issues that can ruin your relationship
Building a relationship and sharing a life isn't just about romantic gestures. When you're in a committed relationship, you are also …
USA Today
Half of student loan borrowers worry they’ll be in debt forever, study finds
A recent survey by Fidelity found 40% of graduates would now make different decisions about their education if they could. Half of …
CNBC
Cartoon
"I give myself six hour lunches and give myself a raise whenever I need more money. Those are my stress management techniques."
Copyright © Randy Glasbergen
Gandhi Begins Fast in Protest of Caste Separation
What Year
In his cell at Yerovda Jail near Bombay, Mohandas Karamchand Gandhi begins a hunger strike in protest of the British government's decision to separate India's electoral system by caste.
The day was Sep 16. What year was it?
Quote of the Week
"Too many people spend money they haven't earned, to buy things they don't want, to impress people that they don't like."
Will Rogers
Trivia
The financial ratio which divides a company's 'liquid assets' by 'current liabilities' is known by what popular term?
See the answer below.
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Charles J. McLucas III, CPA
Fair Oaks, CA
916-534-7428
chuck@mclucascpa.com
www.McLucasCPA.com
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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')