The last opportunity for contributing tithes and offerings to the church in the 2019 calendar year will be Monday, December 30, 2019. Per IRS rules, the effective date of a contribution is when it is delivered to the church:
· A check deposited in the offering in January 2020 cannot be deducted in 2019 even if it is backdated to 2019. Checks that are mailed to the church and postmarked by December 31, 2019 are deductible in 2019 even though not received by the church until 2020.
· Donations made online or charged to a credit card will count as a 2019 contribution as long as they are posted in 2019, even if the credit card bill isn’t paid until 2020.
· If you choose to give physical assets, the delivery and transfer of the title or deed must happen before Dec. 31.
· If you choose to donate stock, that transaction is only recognized as completed once the transfer request has been submitted by your financial advisor or firm.
Please note that the Asbury Church office will be closed on December 24, 25, and 31, 2019. As such, all hand-delivered contributions must be dropped off by Monday, December 30, 2019.
If you have any questions, please contact Israel Olivieri, Business Manager, at the church office at 610-398-2577, or at email@example.com. Thank you for your tithes and offerings to Asbury Church throughout the year!