WCAU NBC10 News At 5pm December 19, 2017
How can i benefit the tax plan to my benefit. Stanley pays 16,000 a year in property taxes on his Egg Harbor Township home. The republican tax overhaul caps the deduction for state, local and property taxes at 10,000. Leaves me short about 6,500 in taxes that i can no longer write off. The most Significant Impact is on those with high property taxes and in new jersey we tend to have pretty high property taxes. Reporter this cpa says if you can, take part of next years property taxes before 201 comes to an end. You will have the benefit of this tax year taking the extra duction on your local pr...