The tax laws of the United States are extremely complex. Much of this
complexity is because our lawmakers have chosen to use the tax laws to not
only generate revenues for the operation of the government but to encourage or
discourage certain economic and social activities. Among the social activities
they have chosen to encourage is philanthropy. As a result, it is often
beneficial to the taxpayer to include a gift to a charity as part of an
otherwise strictly economic transaction.
The church’s Estate and Financial Planning Ministries can help you in
determining if a contemplated transaction could be planned to take advantage
of these laws. In addition, we can assist you in understanding the basics of
the tax laws. With proper planning you can minimize your tax bill and retain
more of your hard-earned income to invest for the future or pay living
expenses.
Additional Resources:
A representative from Estate and Financial Planning Ministries is available
to work with you to identify your unique tax issues. Everything is
confidential. There is no obligation and nothing to buy. Contact us at efpm@CofChrist.org,
or call 1-800-884-7526 (1-877-526-7526 in Canada).
Return to the Estate and Financial Planning Ministries Reading
Room.
