Tithing – of all the churchy words, it has to be the churchiest, don't you think? Aunt Edna, tea-cakes, and tithing. It's a slippery little word: it has always sounded to me like the sound snakes would make, if they spoke with ts instead of ss. Actually, if you did not know what tithe meant, you might think it was something criminals did. Tithe may be the only word in the English lexicon that sounds both ecclesiastic and criminal.
I came to tithing somewhat unwillingly. As a new Christian, and a grad student living on a whopping $8,000 a year, I balked when a priest challenged me to give away $800 of that $8,000. Like the newlywed who insists on keeping separate checking accounts, I was happy for Jesus to have my heart, but I wasn't crazy about sharing my money with him. This priest, though, was insistent. He promised me that if I would commit to tithing for one year, before the year was up, I would love giving away money. The Life cereal approach to charitable giving: try it, you'll like it. Remarkably, he was right—I found that I actually enjoyed writing that $67 check every month. Giving away money took me out of my grumbling resentment about being too broke to afford food more pricey than the proverbial Ramen. When I wrote those checks, I stopped being a poor grad student and became, briefly, a benefactor.
If there's a psychological benefit to tithing, there are also spiritual and social benefits. It is charitable giving that makes organizations like churches possible. That is, one reason tithing is important is that it helps pay your pastor's salary, helps keep the lights and heat on in your church. And it is tithing, more than any other spiritual discipline, that has fostered in me some sense of gratitude and reliance on God – giving away a chunk of money helps us remember that it's not our money to begin with.
As we near the middle of April, it's worth considering an additional benefit of tithing: the tax benefit.
Exactly how does that tax benefit work? Charitable giving reduces the amount of taxable income you have – so the more money you have, and the higher tax bracket you're in, the more you benefit from giving money away. Remember, you can also claim charitable deductions for gifts other than cold, hard cash. For example, if you drive across the state to build a Habitat for Humanity house, you can deduct $0.14 per mile, though you can't claim a deduction for your time. (Some churches hold that people ought to give 10% of their income to the church, specifically, and other charitable support should be above and beyond that sum – the federal government, of course, doesn’t make such distinctions, and rewards your giving money to any sort of charitable organization, be it a church or synagogue, a university, hospice, or the Sierra Club.)
Caveat lector: do check with a certified accountant before claiming your charitable deductions. Those detail-minded CPAs have all the exemptions, qualifiers, asterisks, and loopholes at their fingertips. Exceptions notwithstanding, charitable giving can add up to significant savings on your taxes.
Is there dissonance between the spiritual discipline of giving money away and the material benefit of getting a tax break by doing so? Perhaps – though, even with the tax break, you will always end up with less money than if you hadn't donated anything to charity. And, as Bill Sheppard, an accountant in