Newsletter | News Brief
Next & Final Estimated Tax Payment for 2019 Due 01/15/2020
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Mike McVay
Owner
McVay Business Services
5336 N Blue Angel Parkway
Pensacola, FL 32526
Nov 13, 2019
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Can I Deduct My IRA on My Tax Return?
Is a contribution to an individual retirement account (IRA) tax-deductible? For many of us, the short answer is: You bet! That's what IRAs are for! But this is the Internal Revenue Service (IRS) we're talking about, so there …
Investopedia
End-of-Year Moves to Trim Your 2019 Tax Tab
Before the New Year arrives, it's time to look for last-minute moves that can trim your 2019 tax bill. The good news is that the tax …
Kiplinger
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Consumer borrowing rises, led by more auto and student loans
Consumer borrowing rose in September at a modest pace, driven by more student and auto loans, though a category that mostly includes …
ABC News
Coastal Family Insurance
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Richard at our Blue Angel Office has all New Florida Blue Small Business Health Insurance plans available. Only 4-employees required. Call Richard for a quote.
Richard Penrose 850-308-5705
McVay Expands Business Automation
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We are adding online tax appointment scheduling, secure encrypted tax document portal and new email task management for an enhanced tax season experience. Look for more info at year-end.
McVay Business Services
Here are the 10 companies with the most cash on hand
American companies are sitting on piles of cash, frustrating investors and leading some on Wall Street to wonder why they aren't …
CNBC
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Millennials' Chronic Health Problems Will Limit Their Lifetime Earnings, Report Says
More millennials in the U.S. are suffering from chronic health problems, potentially restraining the lifetime economic potential …
Time
Time to start your student loan payments? Here's what you need to know to avoid mistakes
If you're a recent graduate who received your diploma in May, you're in for a real treat: It's time to start making payments on federal …
USA Today
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What People Spend on Christmas Around the World
With Christmas fast approaching, many Americans are scrambling to finish their last-minute Christmas shopping, decorate their homes …
Investopedia
The number of billionaires is increasing globally, UBS says
The number of billionaires in the world ballooned in 2018, even as their collective fortunes dipped for the first time in three years …
Fox Business
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9 Essential Practices to Make College Pay Off
Many parents and students wading through college applications this fall are experiencing sticker shock. Couple that with 44 million …
Kiplinger
Time your credit card application this bonus-friendly season
In late 2017, San Francisco couple Riley Adams and his wife stumbled upon the Halley's comet of airline credit card welcome offers. For …
ABC News
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Medicare Part B Premiums Rise 7% In 2020, With Premiums For Highest Income Couples Nearing $12,000 A Year
The Centers for Medicare & Medicaid Services has announced Medicare Part B premiums for 2020, and the base premium increases nearly 7% …
Forbes
Cartoon
"If you feel bad about having a lifespan of only 13 years, imagine paying taxes for 80 years!"
Copyright © Randy Glasbergen
Trivia
Who is the Italian statistician who published a 1912 paper on the income distribution of a nation's citizens and who has now given his name to a measurement of inequality?
See the answer below.
How Expensive Is New York City to Live In?
Life really does cost more in New York. To be precise, the cost of living in Manhattan was 148% higher than the …
Investopedia
What Year Was It?
Ellis Island Closes
What Year
Ellis Island, the gateway to America, shuts it doors after processing more than 12 million immigrants since opening in 1892.
The day was Nov 12. What year was it?
Quote of the Week
"Stocks have reached what looks like a permanently high plateau."
Irving Fisher, Professor of Economics, Yale University, 1929
Trivia Answer
Who is the Italian statistician who published a 1912 paper on the income distribution of a nation's citizens and who has now given his name to a measurement of inequality?
Answer: (Corrado) Gini
 
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McVay Business Services
5336 N Blue Angel Parkway
Pensacola, FL 32526
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