News

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.

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:

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