Wednesday, December 27, 2017
NO JOY FOR TAXPAYERS SEEKING EARLY JACKSON COUNTY PROPERTY TAX 2018 PAYMENT!!!
Sadly, locals pursuing a loophole is tougher for locals . . .
First, a bit of explanation . . .
NPR: Why Some Homeowners Are Scrambling To Prepay Their 2018 Property Taxes
The new law includes a $10,000 cap on the amount of state and local taxes people can deduct on their federal returns.
So, big money residents can save a lot of cash by paying next year's bill ahead of time.
Tragically . . . JaxCo isn't taking most requests to pay early given accounting trouble and the possibility of assessments increasing (most will given the need to cover the hot mess at the jail) . . .
Developing . . .