Welcome to Spring and the Lenten season. In the third issue of our digital newsletter, we feature an update about the Public Service Loan Forgiveness Program, which was recently amended to include employees of churches and other not-for-profit organizations. We know that the burden of seminary and student loan debt weighs heavy on clergy. Taxes present many questions for clergy, especially first-time filers; a brief overview of details to be aware of is provided. And, as the tax deadline quickly approaches, our monthly Financial Fact is one more helpful tip, an update on the Standard Deduction.
There is no denying that we are living in the digital world and some of you may already be banking with one of the online banks. We’ll look at what you can expect with banking solely online using an app. With constantly evolving technology comes a higher risk for cyber-crime, so we examine how you can protect your Social Security number.
As we continue on our Lenten journey, let us be mindful of the Lord's guidance in our lives. "The heart of one plans their way, but the Lord establishes one's steps." (Proverbs 16:9) At MMBB we remain committed to the ministry that is the heart of of our calling as we aim to provide wise guidance to help you feel confident and on the path to financial wellness. Thank you for allowing us to serve you.
Sincerely,
Louis P. Barbarin, CPA
Chief Executive Officer