Montgomery Community Media

SJ’s Strategies for Thanksgiving During a Pandemic Thanksgiving this year is likely to look a lot different for many people. Here are a few tips for making the most of it: Keep up traditions as much as possible and translate ones into virtual versions as feasible. This may help create some feelings of normalcy. Add […]

Several end-of-year tax planning strategies are available to business owners that can be used to reduce their tax liability. Let’s take a look: Deferring Income Businesses using the cash method of accounting can defer income into 2021 by delaying end-of-year invoices so that payment is not received until 2021. Businesses using the accrual method can […]

Deciding to hire a financial advisor can be a big decision.  Once you’ve decided to hire a financial planner, finding the right one to fit your needs can be challenging.  This video explores some of the most reputable sources to use (nationwide) as you search for a financial advisor that fits your needs!

General tax planning strategies for individuals include accelerating or deferring income and deductions, as well as careful consideration of timing-related tax planning strategies concerning investments, charitable gifts, and retirement planning. For example, taxpayers might consider using one or more of the following strategies: Investments. Selling any investments on which you have a gain (or loss) this […]

You can now order your favorite local restaurant from a local delivery service – 301 Delivery. The Gaithersburg-Germantown Chamber of Commerce (GGCC) conducted a COVID-19 ribbon-cutting ceremony on November 6. 301 Delivery LLC is a food delivery service in the Germantown, Gaithersburg, and Rockville areas. They bring your favorite restaurants right to your door or […]

Many people assume tax planning is the same as tax preparation, but the two are quite different. Let’s take a closer look: What is Tax Preparation? Tax preparation is the process of preparing and filing a tax return. Generally, it is a one-time event that culminates in signing your return and finding out whether you […]

#November2Remember is the adopted hashtag and vibe for this month. We have only two months left of this historic year, so I’m resolving to take the remainder of 2020 to fuel my path to greatness. With the elections taking place this month, the pandemic continuing to wreak havoc on our global community, the economic uncertainty, […]

Are financial planners actually worth it?  Check out this video for some points to consider as you answer this question for yourself!

We are often asked what does a Chamber of Commerce do? In short, a Chamber is a form of business network, a local organization of businesses whose goal is to further the interests of businesses. Essentially, we create an environment in which businesses can prosper. One of the many benefits from being associated with the […]

With health care, housing, food, and transportation costs increasing every year, many retirees on fixed incomes wonder how they can stretch their dollars even further. One solution is to move to another state where income taxes are lower than the one in which they currently reside. While federal tax rates are the same in every […]