Montgomery Community Media

Wondering about Restricted Stock Units or RSUs? You’ve come to the right video. Alvin Carlos explains what they are, tax implications and how you can use them best.

While it probably seems like tax season just ended, it is never too early to do a “Paycheck Checkup” to make sure the right amount of tax is withheld from earnings – and avoid a tax surprise next year when filing your 2020 tax return. As a reminder, because income taxes operate as a pay-as-you-go […]

With the school year underway by now for virtually all students in the area, many parents have setup some sort of workspace for their child or teen. Whether you setup a very elaborate area or a simple desk or chair, here are a few recommendations on things to look for to decide if the setup […]

The Gaithersburg-Germantown Chamber of Commerce (GGCC) held its 30th Annual Business Golf Classic at Worthington Manor Golf Club, 8329 Fingerboard Road, Urbana, Maryland on Friday, Sept. 11, 2020. Tournament participants enjoyed a variety of competitions in addition to 18 holes of scramble golf tournament play. “It was a great outing,” said Marilyn Balcombe, GGCC Executive […]

    If you have an old 401k because you changed jobs or you’re not fully self-employed, you might have to decide what to do with that 401(k) account you contributed to every payday.   Before you do a rollover IRA, which most people will tell you what you should do, you may want to […]

On August 8, 2020, the President issued a Memorandum allowing employers to defer withholding and payment of an employee’s portion of the Social Security tax (i.e., the 6.2% FICA portion of the federal payroll tax on employees). Medicare taxes, however, are not covered. The payroll tax deferral is effective starting September 1, 2020, and also […]

Ingleside at King Farm, one of three not-for-profit Ingleside communities for older adults in the Washington, D.C. metropolitan area, has announced that Executive Director Michelle Kraus has been selected to join the LeadingAge Maryland board of directors. LeadingAge Maryland is a community of not-for-profit aging services organizations serving residents and clients through continuing care retirement […]

Monday, August 31, 2020 Today across this great county is the first day back for students and teachers for the 2020-2021 school year. Monday is also remarkable for the fact that during this pandemic influenced opening day, there is a pause in ribbon cuttings for new facilities coming online in the county. Of great interest […]

While many schools are switching to hybrid or remote learning models, teachers and other educators should remember that they can still deduct certain unreimbursed expenses such as classroom supplies, training, and travel. Deducting these expenses helps reduce the amount of tax owed when filing a tax return. To qualify for the deduction, the taxpayer must […]

Given that executive function skills (i.e., time management, organization, task initiation) are vital to successful functioning on a daily basis for children, adolescents, and adults, technically most people should by default be practicing using such skills on a regular basis. Nonetheless, for many children and teens, especially those who naturally struggle with these skills, they […]