As you prayerfully consider your calendar year-end giving remember:
You can take advantage of the charitable tax deduction for gifts given before December 31. Checks must be dated and postmarked in 2008. Our church office is open from 8:30 – 5:00 on Wednesday, December 31 if you would like to bring your gifts in person. Of course any gifts placed in the offering plate this Sunday will be credited to 2008. Gifts of appreciated assets (such as stock) allow you to avoid capital gains tax and you may claim the fair market value as your contribution.
The Emergency Economic Stabilization Act of 2008 (the bailout bill) extended the provision for tax-free distributions from traditional ROTH IRA’s for charitable purposes for 2008 and 2009. Maximum contribution per year is $100,000.00. Your year-end gift can reduce your income taxes while providing meaningful support for the ministries of Christ the King Lutheran Church. If you have any questions regarding your contribution statement or giving opportunities, please contact our business office. `
Once again thank you for your amazing generosity. May you know the joy of giving in this season of celebrating the greatest gift of all, Jesus Christ. -- Dianne Giroir, Church Business Administrator.