Tag: prepay

NOT SO FAST: IRS says prepayment of anticipated property taxes won’t be deductible

Those giving into the hysteria and rushing to prepay their 2018 property taxes may want to talk to a tax professional before making another move. There’s now doubt as to how – if at all – doing so will benefit Read More

ROONEY: Jersey City’s Fulop can “return our money at any time” after tax reform slam

Hypocrisy alert, Save Jerseyans:  When news broke that Jersey City is letting its residents prepay their taxes to take advantage of the current SALT deduction, Mayor Steven Fulop‘s office cited the Republicans’ federal tax reform legislation as reason for the extraordinary gesture, Read More