Page 18 - Colquitt Shopper

Page 18 – The Colquitt Shopper (Say You Saw It In The Colquitt Shopper)
Visit Us Online at www.ColquittShopper.net
Tuesday, December 12, 2023
RIBBON CUTTING FIRST NATIONAL BANK
Shown center cutting the ribbon is Vice President and Mortgage Officer, Marybell Hernandez, along with friends, employees, Chamber Board of Directors, Chamber Ambassadors, and community members.
The Moultrie-Colquitt County Chamber of Commerce recently held a ribbon cutting for First National Bank of Moultrie’s Drive-Thru Interactive Teller Machines (ITMs). First National Bank's commitment to Moultrie dates back to June 2021 when it officially opened its doors in the heart of downtown. The new Drive-Thru ITM's, strategically positioned behind the current location at 24 1st Street Southwest, features two lanes, providing customers with seamless and efficient service. Market President of First National Bank of Moultrie, Marc DeMott, expressed the importance of investing in the community, stat- ing, "We wanted to invest in this community, and opening our new location in the heart of Moultrie was important to us. Purchasing and revitalizing the property where the old YMCA was located continued that commitment." Incorporating the latest in banking technology, the new building stands as a testa- ment to the bank's dedication to innovation. Notably, two Historical Crests from the former YMCA build- ing have been preserved and are prominently displayed one on the exterior of the new facility and the other original crest has been graciously donated to the YMCA, ensuring the preservation of Moultrie's historical legacy. As part of their ongoing commitment to our community, First National Bank introduces a unique feature in its ITMs. Customers cashing checks will now have the opportunity to donate their change to the United Way of Colquitt County. This innovative initiative allows us to give back to the community, even when the ITMs don't provide physical change. The ribbon-cutting ceremony was a momentous occasion, marking the fusion of modern banking conveniences with a deep respect for
Moultrie's rich history and a commitment to the community.
For media inquiries, please contact:
Lorenda S. Smith, SVP Director of Marketing at lsmith@fnbdc.com First National Bank of Moultrie
TAX PLANNING TIPS
Written by Dennis W. Futch, E.A. 229-985-0176
YEAR-END TAX CUTTING MOVES TO CONSIDER
Here are moves you can make to reduce your taxable income. But the year is quickly coming to a close, so plan accordingly.
 Max out pre-tax retirement sav- ings. The deadline to contribute to a 401(k) plan to get a 2023 taxable income reduction is December 31st. So if your employer's plan al- lows it, consider making a last-mi- nute lump sum contribution. For 2023, you can contribute up to $22,500 to a 401(k), plus another $7,500 if you're age 50 or older. Even better, you have until April 15, 2024, to contribute up to $6,500 into a traditional IRA. And as long as your income does not exceed phaseout limits, you can reduce your taxable income on your 2023 tax return.
 Convert to a Roth IRA. Con- sider converting some or all of your traditional IRA, SEP IRA, or SIMPLE IRA into a Roth IRA. Although you pay income tax on the amount of the Roth conversion the year it is made, subsequent growth is tax- free in a Roth IRA, and withdrawals from the account are 100% tax-free after five years from the date of the conversion.
 Tax loss harvesting. If you own stock outside a tax-deferred retire- ment plan, you can sell your under- performing stocks by December 31st and use these losses to re- duce any taxable capital gains. If your net capital losses exceed your
gains, you can net up to $3,000 against other income such as wages. Losses over $3,000 can be used in future years.
Selling appreciated assets. Consider selling appreciated as- sets in the tax year that helps you the most. While this strategy may be hard to accomplish this late in the year, it is still worthy of consid- eration. To do this, estimate your current year's taxable income and compare it to next year's projected income. Then sell the appreciated asset in the year that will yield the lowest tax. Remember to account for the 3.8% net investment in- come tax in your estimates.
Review health spending ac- counts. If you participate in a Health Savings Account (HSA), try to maximize your annual contrib- ution to reduce your taxable in- come. Remember, these funds allow you to pay for qualified health expenses with pre-tax dol- lars. More importantly, unlike Flex- ible Spending Accounts (FSA), you can carry over all unused funds into future years. If you do have an FSA, you can carry forward a maxi- mum of $610 from 2023 into 2024 if your plan allows this. The dead- line for contributing to your Health Savings Account (HSA) and still getting a deduction for the 2023 tax year is April 15, 2024. The max- imum contribution
for 2023 is $3,850 if single and $7,750 for married couples. If you're age 55 or older, you can add $1,000 to your HSA contrib- ution.
While the year is quickly coming to an end, there is still time to re- duce your 2023 tax liability, but only if you act now.
Call us at 229-985-0176. www.thetaxshop.net
Masonic Lodge 381 F&AM
meets at 7:30 pm on the 1st
& 3rd Mondays of every
month at 617 5th Ave. SE.
For more info email
COMMUNITY BIBLE STUDY Tuesday 10:00 am
at Moultrie
Church of Christ
1915 US Hwy. 37 East
Everyone Welcome ––––––––––––––––––––––
DONATIONS NEEDED For upkeep of Leila Ceme- tery on Ellenton-Omega Rd. in Colquitt County. Address to: Leila Cemetery Fund, Patsy Hembree, 475 Sharon Church Rd., Omega, GA 31775.
2 CORINTHIANS 4:16-18
Therefore we do not lose
heart. Even though our out-
ward man is perishing, yet
the inward man is being re-
newed day by day. For our
light affliction, which is but for
a moment, is working for us
a far more exceeding and
eternal weight of glory, while
we do not look at the things
which are seen, but at the
things which are not seen.
For the things which are
seen are temporary, but the
things which are not seen
year on a regular basis & avoid hassle or repairs. Work done by a reliable Christian man with over 35 years experience. We are licensed & insured. Yards are billed by the cut or monthly contract price is available. Get quality work by a qualified business that has been proven over the years. For more info. or esti- mates call 229-985-8214 or 229-891-5016.
HOPE HOUSE
THRIFT SHOP 704-5th Ave. SE, Moultrie Mon. - Sat. 9 am - 5 pm For more info.
call 229-985-7467 ———––————————
FAMILY OUTREACH CENTER
1380 Ga. Hwy. 133 South Moultrie, GA 31768 Invites all to attend their worship services. Sunday School 10 a.m. Worship & Praise 11 a.m. Children’s Church 11 a.m. Wed. Night Prayer
7:30 p.m.
Pastor Austin Glass
For more info. or transportation call 229-890-9136.
WELCOME TO FIRST BAPTIST CHURCH Moultrie, GA
Dec. 16th, 6 pm Christmas Cantata Dec. 17th, 10:30 am
Christmas Cantata
Dec. 24th
Connect Groups 9:15 am Christmas Eve Service 10:30 am Christmas Communion 5:00 pm
Thanks for Coming!
simplythebest@windstream.net
–––––––––––––––––––––– Join Our Family at OPEN DOOR CHRISTIAN CHURCH 820 Holmes Dr., Moultrie Sun. Worship
10:30 am & 6:00 pm Wed. Night 7:00 pm Everyone Welcome!
LIBERTY FAITH HOLINESS CHURCH 634 Cook Road Sunday School..........10 a.m. Sunday Mornings......11 a.m. Sunday evening..........6 p.m. Tuesday night........7:30 p.m. Pastor Greg Roberts 229-237-2881
are eternal.
H.O.P.E. in Moultrie, GA HOMELESS STREET FEED Weekly on Wednesdays 4:30 pm at the Piggly Wiggly parking lot. Donations or vol- unteers are welcomed! For more info Jackie at 229-454-
5437.
HOBGOOD
HOME IMPROVEMENT Clean Outside of the Home, Roofs (Metal or Shingle), Painting, Vinyl, Decks, Windows, Driveway Repair, Landscaping,
All Carpentry
Call Billy 229-769-3322 or 229-921-1565
CLASSIFIED DEADLINE THURSDAY 5 PM
Re-entry Program for Ex-Offenders and Families
+ Spiritual Guidance
+ A Resource for Families + Computer Skills Training + Financial/Budget
Programs
+ A Place for Prayer & Encouragement
+ Job Placement
Jase Bass (229) 985‐LIFE 724 5th Ave. SE Moultrie, GA 31768
crossroads Gospel Mission
Do you find yourself at a crossroads inyourlife?
Maybe we can help.
We are a men’s residential-transitional housing facility here in Moultrie
A safe place to rebuild your life Food and shelter
Mentoring relationships
Job placement
For More Information 229‐985‐7194
Spiritual nourishment
24 5th Street NE, Moultrie, GA 31768
–––––––––––––––––––––– QUALITY YARD WORK Have your yard done this
BEAUTIFUL CHRISTMAS
Rooted in faith, nurtured by love, filled with joy...
May your holiday season be adorned with every happiness!
At this wonderful time of year, we’re especially grateful to be here among the friends, family and neighbors who make being home for the holidays so special. As a local business, the support of this community means the world to us. We owe our success to the loyalty and kindness of our valued customers, and we thank you all for choosing us. With appreciation and admiration, we wish you the very best!
BARKLEY JONES Construction, Inc.
For Sale
Dirt, Top Soil, Sand Clay, Crushed Concrete
& Crushed Asphalt
229-319-2141
1 North Main St., Suite 101
Shana Moore, Jerrie Dean & Teresa Hall
(229)890‐1011