The IRS just issued guidance on December 27, 2017 about pre-paying your 2018 Property Taxes in 2017. Unless your local Assessor has already assessed your property for 2018, you may not be able to deduct pre-payment of 2018 Real Estate Taxes on your 2017 Return. There may be more guidance coming from the IRS on…
President Trump signed the new tax bill on December 22, 2018. Many businesses and individuals have been asking how the new bill will impact them. The link below provides a comprehensive and general summary of the major changes for 2018. https://www.thebalance.com/trump-s-tax-plan-how-it-affects-you-4113968