If you are a New Believer CYU would like to make the following ministry suggestions to you: Calvary Chapel, CBN, Billy Graham or visit The Christian Market Place-TCMP.biz to search for a local church by zip code.
CYU Ministries
is proud to
announce our new resources for Christian
Businessmen. Joining Global hands to help Christian's
in the Market Place >>
SUGGESTED LINKS: (outside links)
CBN - Pat Robertson
10
Ways ACLU destroys
ACLJ - Ctr for
Law & Justice
GOVERNMENT CONTACTS:
The President
The White House
The Senate
Here are some answers to common questions about charity and
tax deductions. CYU provides this information for your convenience. As
always, consult your own tax or financial advisor.
When I make a charitable
contribution to CYU Ministries, is that contribution tax-deductible?
Yes! CYU Ministries is a 501(c)(3) non-profit status from the IRS
— and that means every donation you give counts as a
tax-deductible donation
I want my giving to be deductible
for this tax year. Do I need to make a donation by a certain time?
Any donation made in 2008 go towards the 2008 tax year
Do I need to itemize my tax
return to get a deduction for charitable giving?
Yes, you do. Donations are only tax-deductible if you itemize
deductions on your tax return. When you file your taxes, you'll need to
itemize your donations on the Schedule A of the 1040 form.
How much can I legally deduct on
my taxes for charitable contributions?
You can only deduct the amount of a contribution given voluntarily,
with no expectation of a commensurate return. Generally speaking, you
may deduct up to 50% of your aggregate gross income — half of
your total income, subject to income phase-outs. There are some
specific types of donations (such as gifts of stock, or donations to
certain types of organizations) that have lower percentage ceilings.
Additionally, if you receive a financial or economic benefit in return
for making a gift, the payment is not a deductible charitable
contribution except to the extent that it exceeds the fair market value
of the benefit. For example, if you gave $100 to CYU and received a CD
in return that sells regularly for $15, you can claim $85 as a
charitable deduction.
The IRS has a worksheet to help you determine how many of your
donations are tax-deductible
I want to donate as much as I can
this year. How can I do that, taking my own needs and expenses into
consideration?
We suggest that you sit down with your own tax or financial
advisor — he or she can help you decide how much you can give
this year
When
I donate, will I get a receipt?
When you donate to CYU Ministries, a confirmation page will appear
after you've completed your contribution - Print this page
to serve as your receipt. In addition, you will receive a confirmation e-mail
which can serve as your receipt as well.
I'm
ready to Give to CYU. Click here
to go to our secure donation page
Would you like to use CYU's
Words of Encouragement in your online / offline newsletter or
on your website?
CYU
Ministries will give you reprint rights, just let us know where you
would like to use them. Please use our contact form located here.
SPREAD TRUTH..
and link to
CYU's Christian Epistles. Copy and
paste
the code below
into the html of your website
| <a href="http://www.cyuministries.org" target="_blank"><img width="143" height="23" border="0" src="http://cyuministries.org/images/12epis.jpg" alt="CYU Ministries :: BOLD Prophetic Christian Teachings" /></a> |