Montgomery Community Media

The Gaithersburg-Germantown Chamber of Commerce (GGCC) announces a brand-new grant program designed for women and minority business owners to enhance their business by more fully engaging them with formal networking opportunities through the Gaithersburg-Germantown Chamber of Commerce. The program was made possible through an economic development grant from the Montgomery County Economic Development Corporation. Through […]

Are RSUs part of your compensation package or are you looking at a position that offers RSUs?  RSUs can become a significant part of your net worth over time. It’s important that you understand how they work, how they are taxed, and how to manage your RSU compensation. This guide will tell you everything that […]

Several end-of-year tax planning strategies are available to business owners to reduce their tax liability. Let’s take a look: Deferring Income Businesses using the cash method of accounting can defer income into 2022 by delaying end-of-year invoices so that payment is not received until 2023. Businesses using the accrual method can defer income by postponing […]

Every person who is about to attend college should know about the Free Application for Federal Student Aid and the process to apply. October means that the FAFSA applications are open for 2022-2023. Our video blog is going to cover commonly asked questions and 4 FAFSA tips.   What is FAFSA and how does it […]

With the end of the year fast approaching, now is the time to take a closer look at tax planning strategies that could reduce your tax bill for 2021. General Tax Planning Strategies General tax planning strategies for individuals include accelerating or deferring income and deductions, as well as careful consideration of timing-related tax planning […]

With October being Attention-Deficit/Hyperactivity Disorder (ADHD) Awareness Month, it seems like a good time to think about how to help children and teens be better organized and more independent. While this is something that many individuals with ADHD struggle with, these strategies are likely to be helpful to most children and teens whether or not […]

At the ninth annual Montgomery County Business Hall of Fame (MCBHOF), Gaithersburg-Germantown Chamber of Commerce (GGCC) President and CEO Marilyn Balcombe was inducted. I was honored to be inducted into the Business Hall of Fame,” said Balcombe. “It was great to see a room full of people celebrated the important role business has in our […]

IRAs, or Individual Retirement Arrangements, provide tax incentives for people to make investments that can provide financial security for their retirement. To help people better understand this type of retirement savings account, here’s a basic overview of terms to know: Contribution. The money that someone puts into their IRA. There are annual limits to contributions depending […]

Do you want your federal student loans to be forgiven, and have you been working for the government or a nonprofit? If the answer to both is yes, here’s some good news for you. The US Department of Education just announced an overhaul to the Public Service Loan Forgiveness (PSLF) program for a limited time […]

There are many benefits of 401(k) plans, and some are less known than others. A 401(k) is a type of retirement plan offered by an employer in which the employee can defer part of their paycheck into a retirement account to grow for their retirement years. Many people have access to a 401(k) retirement plan. […]