Community Corner

🌱 Patch AM: Could new state tax breaks help keep Summit Diner thriving?

You won't want to miss New Year's Eve Worship Night on the Summit Patch calendar

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Coffee in hand, Summit? We've got the latest town updates for you. Keep reading to stay in the loop. ☕️️

In today's newsletter:

  • Could new state tax breaks help keep Summit Diner thriving?
  • How a Summit advisor says Bitcoin’s slump could trim your taxes

Also on today's calendar: New Year’s Eve Worship Night and 9 more events.

Find out what's happening in Summitfor free with the latest updates from Patch.

Today's riddle: How many sheep does it take to make a sweater? 🤔 (Answer below!)

Weather forecast:

Find out what's happening in Summitfor free with the latest updates from Patch.

  • Saturday: Cold; an icy mix in the a.m., with a high of 30 and low of 18 degrees. ⛄️ Brr!
  • Sunday: Rain and drizzle in the p.m., temps: high: 34, low: 33.
  • Monday: Rain; windy in the afternoon, with a high of 51 and low of 27 degrees.

📰 News we're reading

• New Jersey's diners are struggling. New tax breaks proposed by state could save them. (lehighvalleylive.com) — Summit residents may see their beloved Summit Diner get a financial boost from a proposed state bill offering tax breaks to long-running, family-owned diners. The measure would exempt qualifying eateries from sales tax on food and beverages and provide sizable tax credits, aiming to help iconic spots like Summit Diner survive rising costs and post-pandemic challenges.
   

• Bitcoin's slide sets up an unusual tax harvesting opportunity (accountingtoday.com) — A Summit-based financial planner is weighing in on how Bitcoin’s recent slide is creating tax-loss harvesting opportunities for investors before year-end. While the story is national in scope, it highlights how advisors in Summit are helping clients use crypto losses to offset gains and potentially lower their tax bills.
   

📸 Around Summit

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🗓 Upcoming Events in Summit

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📣 Summit Shout Outs!

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Have we missed something on our calendar? Add an event yourself! As always, before attending confirm event details to ensure accuracy.

 

Thank you 👏👏👏 to the local businesses for making Summit PatchAM possible:

  • Dogtopia of Union — (475) 338-3501
    Dogtopia – Dog Daycare, Boarding, Spa & Wellness
  • Aquinas Healthcare — (973) 467-8502
    30 Day Discount for new Live In Aide cases
  • The Clubhouse — (908) 795-3301
    Your daily destination to move, connect and feel your best.
  • Mindsee.it — (646) 663-8317
    Teach your kids they can achieve the impossible!
  • Avellino Custom Masonry — (908) 879-8699
    Family owned business in business for over 30 years.

Click here to show your appreciation! 💚

Want to see your business here? Click here to connect with local customers.

💬 Chatter

What your neighbors are talking about on social media

  • A Merry Christmas to all.
    And my apologies for any offended person. If you are, then a Happy Holidays to you as well. (Nextdoor Overlook at Summit)
  • New Jersey Staffing posted a job opening for Cook in Summit. Apply here.
  • Sodexo, Inc. posted a job opening for Catering Service Worker in Summit. Apply here. You can search for other jobs near Summit here.

🗞 Nearby News

Berkeley Heights

  • Girls Basketball: Highlanders Compete Strongly in Close Loss against Oak Knoll; Holiday Tournament Play Ahead (tapinto.net)

Westfield

  • New Year's Day Heritage Trail Walk to Kick Off Westfield's America250 Events (tapinto.net)

Cranford

Ok Summit! So now you're in the loop about what's happening today. Thanks for reading, and see you in your inbox next time! Oh -- and if you like what you're reading, invite a friend to Patch AM!

-- The Patch AM Team

P.S. The answer to today's riddle: I have no idea. I didn’t even know sheep could knit.
Got a good riddle for PatchAM? Send it to us!

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