Income Tax return. Important Information. I hope I'm not too late.

It's that time. You've worked all year. Time for a return on your money. 
Let's Do Something Different This year. Let's Keep our Money in our Pocket!

Have you filed your income tax return?
 Change your plans,
Don't give it back to Uncle Sam! 

Facts and Figures for the 2019 Tax Return

Just a couple tips and thoughts to ponder about this year's income tax return.

• Refunds are on average 8.7% less than the year before.
  
• Last year you should have seen a slight increase in your weekly pay.
  
• Average Return is $1949 verses 2018 of $2135 
  
• ​Many of the income tax returns will be less than the year before. 

Got my check. Now...what should I do with it.

• File, and hold your refund just long enough for God to speak with you about what you should do with your tax return.
• Rapid refund is a rip off! It just gives them your hard earned money. Wait, you can wait.
• Ask yourself these questions...  Am I.....

1. Paying off bills
2. Catching up on bills
3. Saving
4. I'm I putting my money right back in the system by buying clothes, shoes, and things I really don't need. 
5. Do I know the difference between Needs, Wants, or Desires
6. Can I catch up on my giving, bless the church or others.  
7. Do I need to change my deductions. Remember a large return or owing a large amount may mean your deductions are incorrect. ​

Link to Additional Resource: https://www.irs.gov/individuals/tax-withholding-estimator

What we suggest you do with your income tax return

Get A Return on Your Return

1. ​​Can I now have an emergency fund. Or can I increase my Emergency fund?
2. Can I pay off some credit cards or bills that never seem to go away?
3. Can I help Someone? Do I know somebody who could be blessed by my generosity?
4. Can I put some money away toward retirement, or a nice vacation?
5.  Can I now invest in the Stock Market, Mutual Funds, IRA?​

Your Refund should be a benefit to you and for you. It should result in a dividend.

After working all year and allowing the Government to use your money to make money, how about for 2020 you take your return and allow it to do something for you. Pray, Prepare, and Plan. You can make the change. 

Contact Us