Montgomery Community Media

Meet Scott Gerson, a community member, volunteer, and advocate for Special Olympics. Hear all about the power of inclusive friendships!    

Thus far in 2020, the U.S. stock market is off to a virtually uninterrupted, positive start. There are legitimate reasons for stock investors to be optimistic, including an expected increase in corporate earnings as well as continued strength from the U.S. consumer fueled by strong wage growth and low unemployment. The economy is also benefiting […]

On this episode, Host Blanca Kling discusses the situation in Bolivia with guest Colonel Boris Bellido.

Germantown, MD; January 13, 2020 Northwest had its chances at the end of regulation tied at 67 a piece with 15 seconds on the clock.  The Jaguars had possession for the last shot.  Bringing the ball the length of the court they faced a taut, in-your-face Gaithersburg defense.  NW turned the ball over and headed […]

While the 2020 tax filing season promises to be less confusing than 2019, there are still a number of changes that taxpayers should be aware of. New, Revised or Updated Tax Forms Form 1040: Revised and Redesigned The IRS released a draft Form 1040 for 2019 tax returns that has been updated from the 2018 […]

Richard Montgomery High School, Rockville Maryland January 10, 2020 The end of the game at Richard Montgomery came down to the final seconds of play and ended in spectacular fashion.  The crucial play that gave Gaithersburg their chance to win was the result of their defense creating a five second call on a baseline inbounds […]

Every year, it’s a sure bet that there will be changes to current tax law and this year is no different. From standard deductions to health savings accounts and tax rate schedules, here’s a checklist of tax changes to help you plan the year ahead. Individuals In 2020, a number of tax provisions are affected […]

The 2017 passage of the Tax Cuts and Jobs Act added accommodative fiscal policy to the already expansionary monetary policy instituted by the Federal Reserve (the Fed). Such dual economic stimulus has not been in effect for most of the past four decades. Outside of two sharp economic and stock market crashes, these recent decades have […]

Financial planning is very unique to each individual and specific advice will vary for each person and situation. Sometimes in our practice, we offer guidance that runs counter to popular opinion. Here are four strategies that can be considered unconventional yet may be appropriate in specific circumstances. Don’t use your HSA for medical reimbursement. Sure, […]

Cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for 2020 are as follows: 401(k), 403(b), 457 plans, and Thrift Savings Plan. Contribution limits for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan increase from $19,000 to $19,500. The catch-up contribution limit for […]