Stewardship - Some Tax Thoughts

Some Tax Thoughts
 
There is just one-third of the year remaining, so it’s not too early to start thinking about our 2024 tax returns and how we can support our parish in a tax-advantaged way.
 
Certainly, the primary motivation for our charitable contributions to Queen of All Saints parish is the generous return to God for the great gifts he has given us. We owe it to ourselves to make those gifts in a way that maximizes the effect of those gifts for the benefit of all those ministries in our parish that touch us at all points of our lives, from the very youngest to the oldest.
 
If you are 70½ or older and have an IRA, you may qualify for a charitable giving opportunity directly from your IRA.
 
· You are now allowed to make direct transfers from an IRA to Queen of All Saints Parish.
· This transfer will count against your Minimum Required Distribution. 
· This is an ideal situation even for those who do not itemize deductions since the withdrawal /transfer is not considered taxable income.
· You can transfer up to $100,000 annually and our parish will receive 100% of your transfer.
 
Contact our business office for more information.
 
Want to be an electronic donor but don’t want to be empty handed when the collection basket comes?  Join GiveCentral and just mark your envelope where is says "Electronic Offering" and drop it in!