Year End Tax Prep
Three year-end tax-saving tips coming up.
To save money on your taxes:
1) Max out your 401(k) or 403(b) contributions this year.
2) Max out your Health Savings Account.
3) Make year-end donations.
Each December, my wife Ann and I total our yearly giving. Then we determine how much more we want to give to advance the Kingdom. We also donate goods to charity. Sometimes we pass on items to those who need them or donate to organizations. Solomon said: “Know well the condition of your flocks, and pay attention to your herds.” (Proverbs27:23) Stewarding what God provides enables us to give more and to save on taxes.
For help on your stewardship journey, download our Money Map at crown.org.