Tag: prepayment

Lance takes New Jersey’s property tax prepayment case to the IRS

WASHINGTON, D.C. — U.S. Representatives Leonard Lance (NJ-07) isn’t giving up on finding a way for New Jerseyans to deduct those property tax prepayments that they scrambled to make late last year. Lance and his Democrat colleague, Josh Gottheimer (NJ-05), Read More

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