Montgomery Community Media

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 […]

As someone committed to self-actualizing, I believe the journey to greatness is a lifelong quest. So when I explore the notion of “tapping into one’s greatness”, it is about entering into a lifelong self-improvement relationship with yourself – demanding more from yourself, so that you can continuously get closer to living out your potential. A […]

Last year, the theater company Theatre Alliance included my play Follow the Money, This Is America in their annual Word Becomes Action Festival as they introduced me and three other playwrights as their Quadrant Playwrights. I had the opportunity to see my play read by actors I didn’t know and directed by someone I had […]

While taking money out of a retirement fund before age 59 1/2 is usually not recommended, in certain cases, it may be unavoidable, especially during times of economic crisis. If you need cash and have a retirement fund you can tap, here’s what you need to know. Background When retirement plans such as the 401(k) […]