Montgomery Community Media

Starting in January 2021, the IRS Identity Protection PIN Opt-In Program will be expanded to all taxpayers who can properly verify their identity. Previously, IP PINs were only available to identity theft victims. What is an Identity Protection PIN? An identity protection personal identification number (IP PIN) is a six-digit number assigned to eligible taxpayers […]

Every year, it’s a sure bet that there will be changes to current tax law and this year is no different. From standard deductions to health savings accounts and tax rate schedules, here’s a checklist of tax changes to help you plan the year ahead. Individuals In 2021, a number of tax provisions are affected […]

Have you joined the One Word Challenge? Do you have your anchor word for 2021? Do you even know what I mean by ONE WORD? If not, that’s fine. I didn’t either until last year. When I started my business, I joined a mastermind group as a way of forcing accountability and structure into the […]

For educators, formative assessments are crucial data points that we utilize on a daily basis, or at least, we used to utilize them in the classroom before the Covid-19 pandemic. Now that most of us are doing our instructing and learning in the virtual world in front of screens, formative assessments have become somewhat more difficult, but […]

Zoom fatigue is an unfortunate yet all too familiar side effect of our current educational circumstances. Depending on grade level, students are logged into a video conferencing platform for classes up to six hours a day. Yet those six hours of class are just the beginning. That time doesn’t account for the additional screen time necessary […]

The concept of retirement is unique to everyone. For millions, retirement is a goal and something to strive for. For others, it creates anxiety. Generally speaking, to address the monumental decisions around how and when to retire, it’s wise to begin those conversations years before your target date. You can also engage with your financial […]

Cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for 2021 are as follows: 401(k), 403(b), 457 plans, and Thrift Savings Plan. Contribution limits for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan remains unchanged at $19,500. The catch-up contribution limit for employees […]

In our last post, we shared our Game Changing Habits for Personal Success. In this article, we will discuss our Game Changing Habits for Business Success. While one can assume correctly that all the personal habits will apply for business success, there is an additional set of habits to practice as a business owner or […]

Tax breaks for charitable giving aren’t limited to individuals, your small business can benefit as well. If you own a small to medium-size business and are committed to giving back to the community through charitable giving, here’s what you should know. 1. Verify that the Organization is a Qualified Charity Once you’ve identified a charity, […]

With the holiday season in full swing during the continued Covid-19 pandemic, it can be a challenging time for both children and adults. Here are some tips for making the most of this holiday season, along with a video explaining things in more detail from a talking dog who illustrates these strategies based on her […]