Montgomery Community Media

The Chamber will be hosting an exciting Business Expo to bring local product and service providers together with the community to showcase all the best the area has to offer. If you’re looking for services to better meet the needs of your home or business then join us for our first virtual business expo. If […]

Just 0.45 percent of taxpayers were audited in fiscal year 2019. Still, with taxes becoming more complicated every year, there is an even greater possibility of confusion turning into a tax mistake and an IRS audit. Avoiding “red flags” like the ones listed below could help. Red Flags That Trigger IRS Audits Claiming Business Losses […]

Attitude is everything—especially during these trying times. Students of all ages are undoubtedly impacted by not only their own daily stresses, but also by the stress that the adults in their lives are currently managing. The sponges that they are, even young, elementary-aged children are picking up on the fact that mom, dad, and other adults around them are coping […]

For many parents, besides their own worries in general and those related to how the pandemic is impacting them, often there is a concern for how it impacts their children and teens. Some issues are frequently somewhat easier to identify such as a child or teen who refuses to participate in distance learning school, won’t […]

In general, income from renting a vacation home for 15 days or longer must be reported on your tax return on Schedule E, Supplemental Income and Loss. You should also keep in mind that the definition of a “vacation home” is not limited to a house. Apartments, condominiums, mobile homes, and boats are also considered vacation […]

Hard to process how quickly this year is flying by. At the start of the year, we make several resolutions in an attempt to advance our goals. But what happens over time? The level of motivation and passion for attaining these goals starts to wane. We start to justify inactions and procrastination. Soon enough, fatigue […]

Are you wondering if there’s a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable unless the law specifically excludes it. But as you might have guessed, there’s more to it than that. Taxable income includes any money you receive, […]

Creating engaging lessons and activities for learning is no easy task. With today’s technology, the Gen Z group has access to the most realistic and stimulating gaming graphics, digital art programs, and communication platforms. Their familiarity and use of technology is practically innate. Therefore, it is no wonder that holding students’ attention in the classroom has become more […]

As always, taxpayers should be aware of several key items involving credits, deductions, and refunds when filing their tax returns. Let’s take a look: 1. Recovery Rebate Credit/Economic Impact Payment. In January, the Treasury Department and the IRS began sending the second round of Economic Impact Payments (EIP2) to millions of Americans as part of the […]

What is an Identity Protection PIN? An identity protection personal identification number (IP PIN) is a six-digit number assigned to eligible taxpayers to help prevent their Social Security number from being used to file fraudulent federal income tax returns. This number helps the IRS verify a taxpayer’s identity and accept their tax return. Taxpayers with […]