Thanksgiving is a time for love and family. However, the focus quickly pivots the day after. There are many retail stores out there and they all want your business offering the latest and greatest Black Friday Deals. While I don’t have any advice on where to shop or what to buy, I can tell you how some of your shopping on Black Friday can lead to future tax savings. Unlike most taxpayers, Clergy can use every deduction they can get. This is because of the potential to save on both income tax, and self-employment tax (your Social Security and Medicare tax). Below are some ideas on how to get a double saving; both in the store and on your tax return. Books My wife is a member of the clerg
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