Quote:
Originally Posted by fatlazyless
So, by paying to your local town clerk in calendar year-2017 a pre-payment for your estimated-2018 property tax that is in excess of $10,000, are you avoiding or evading the intention of this new tax law, the Tax Cuts and Jobs Act of 2017?
http://www.unionleader.com/politics/...repay-20171224 Union Leader, Dec 23: 'Tax law has some looking to prepay property tax'
Couldn't the IRS issue a ruling that pre-paying 2018-local property tax in 2017 is a design to evade paying your correct 2018-federal income tax ... that is due on April 15, 2019 .... knowing it would probably get challenged in court of law.
http://www.wikipedia.org/wiki/Tax_Cu...bs_Act_of_2017 |
So are you really trying to suggest that anyone who makes a financial decision that may benefit them from a tax perspective is engaging in illegal behavior? REALLY?
This happens all the time and why people/businesses itemize their returns and hire CPAs to give them advice on how to manage their finances in such a way to benefit them from a tax perspective. Nothing wrong with that.
So sorry Wal-Mart doesn't offer this service for $2.99.