Montgomery Community Media

The Gaithersburg-Germantown Chamber of Commerce (GGCC) will host its 30th Annual Business Golf Classic at Worthington Manor Golf Club, 8329 Fingerboard Road, Urbana, Maryland on Friday, September 11, 2020. The chamber’s tournament affords golfers the opportunity to grow their business & play golf at the same time. This tournament is intended to offer enjoyable golf […]

You no longer qualify for a Roth? You can still get huge tax savings by doing a Backdoor Roth. There’s a tax loophole that makes this possible. This video explains 3 easy steps on how to do a legal Roth hack as well as some common pitfalls to avoid!  

The “Dirty Dozen” is a list of common tax scams that target taxpayers. Compiled and issued annually every year by the IRS, this year it includes many aggressive and evolving schemes related to coronavirus tax relief, including Economic Impact Payments. The criminals behind these bogus schemes view everyone as potentially easy prey and everyone should […]

Twenty-five years of honoring the Upcounty’s finest will continue despite the coronavirus pandemic. The Gaithersburg-Germantown Chamber of Commerce (GGCC) will honor over twenty Upcounty Police Officers, Special Operations Teams, Firefighters, and Paramedics at their 25th Annual Virtual Public Safety Awards on Friday, August 28. This event honors our public safety personnel and first responders from […]

Planning to buy a home? Selling your condo? Alvin Carlos (District Capital) and Yen Le (Long & Foster) discuss the state of the DC/MD/VA real estate market in light of the pandemic. We offer tips for home buyers and sellers!

As the next school year draws near, so do the anxiety and uncertainties of what the school year will look like as well as how parents will navigate it. The uncertainties, likelihood of schedule changes during the school year (i.e., remote to hybrid model), and balancing childcare/remote learning assistance with a job, all factor into […]

Generally, taxpayers must begin taking a required minimum distribution (RMD) from a defined-contribution retirement plan, including a 401(k) or 403(b) plan, or an IRA when they reach age 72 (70 1/2 if they reached 70 ½ before January 1, 2020). The RMD for any year is the account balance as of the end of the […]

Today, Thursday July 23, Major League Baseball (MLB) will make its return.  NIH’s very own Dr. Anthony Fauci will toss out the first pitch in Washington DC.  Will he be wearing his now famous Washington Nationals face mask? Is this a return to the arena sports experience? Of course not in this year of the […]

Have you started contributing to a Roth IRA? Here are three very common mistakes people make with Roth IRA’s. Make sure they don’t apply to you now or in the future!

Thirteen years ago last month (June 2007), the Fed Funds interest rate peaked at 5.25% and since then has been steadily declining. Apart from one short rate hike cycle in 2018, The Federal Reserve Bank (The Fed), has consistently reduced interest rates and implemented what is known as accommodative monetary policy. This accommodative policy has […]