News

Time for tax-loss harvesting?

For a variety of reasons, such as higher interest rates, rising inflation and supply chain issues, the financial markets were volatile in 2022 — and this volatility probably showed up in your investment statements. Yet, while you may have been less than happy about your investment returns this year, the volatility and depressed prices may offer you some opportunities at tax time Specifically, you may be able to take advantage of tax-loss harvesting. Using this strategy, you sell securities at a loss to offset capital gains, which you may have if you’ve held some investments for years and they’ve greatly appreciated in value. And if your total losses exceed your gains, you could offset up to $3,000 of ordinary income per year and carry over the rest to future tax years.

Church Holiday Events

Olney’s churches provide many opportunities to celebrate, worship and contribute to the community at large as the holidays draw near. Here is a list of upcoming events that everyone is welcome to contribute to or attend:

SENIOR CUB CENTER MENU DEC 12 - DEC. 16

Mon 12th- Meatloaf, Herbed Red Potatoes, Mixed Vegetables, Whole Wheat Bread, Tropical Fruit With Oranges Tues 13th- Chicken Patty On Bun, Potato Rounds, Coleslaw, (Bun), Strawberry Cup Wed 14th- Beef And Peppers/Gravy, Brown Rice, Peas And Carrots, Whole Wheat Roll, Fruit Crisp Thur 15th- Ham And Beans, Seasoned Spinach, Cornbread, Stewed Apples Fri 16th- Chicken And Dumplings, Zucchini And Tomatoes, Spiced Peaches, Whole Wheat Roll, Oatmeal Cookie

Barbara Larimore exhibition opens at Olney Heritage Museum
Barbara Larimore exhibition opens at Olney Heritage Museum
Barbara Larimore exhibition opens at Olney Heritage Museum
Barbara Larimore exhibition opens at Olney Heritage Museum
Barbara Larimore exhibition opens at Olney Heritage Museum

Barbara Larimore exhibition opens at Olney Heritage Museum

The Olney Heritage Museum hosts well-known and beloved Olney artist Barbara Larimore on Dec. 8 for an exhibition centering on her vibrant European paintings and photography. The Museum will launch the exhibition, “Experiencing Europe,” with a reception that is open to the public from 12:00 p.m.-5:30 p.m. at 213 E. Main St. The exhibition of 22 paintings and six photographs from her travels will run through December.

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