With new federal income tax laws coming into effect for the 2018 tax year, many have questions about deductions. One of the deductions changing in the current tax year is the property tax deduction.
In fact, when news of the updates spread, some people were rushing to prepay their property taxes to have them apply to their 2017 tax returns. However, not everyone qualifies for that approach, and some couldn’t make the payments in time.
Since there are some many people with questions about property taxes in 2018, here is an overview of what to expect. Read More