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Hennepin County extending hours to prepay taxes because of federal law change

Hennepin County extending hours to prepay taxes because of federal law change

A row of luxury homes are seen May 26, 2005 in the Sea Cliff neighborhood of San Francisco.

The new tax law restricted the SALT deduction to a total of $10,000 per year. Now the deduction is unlimited.

As a result, some taxpayers, including Arkansans, are trying to prepay their property taxes before the new law goes into effect so they can get the maximum benefit from deducting their property taxes. The new bill, which goes into effect on January 1, caps federal SALT deductions at $10,000.

While some jurisdictions have long allowed for pre-payment, others are scrambling, working to ensure that those who want to pre-pay can - even if the jurisdiction can't necessarily guarantee the pre-payment will be deductible.

Christmas tree recycling program in Lancaster County
Wake County is asking folks to recycle their Christmas trees so they may turn them into mulch for trails at local parks. Residents should also remove plastic tree bags used to cover the tree as it is removed from the house.

But under the tax legislation President Donald Trump signed into law Friday, there's a $10,000 cap on the deductions. Especially when their neighbors in nearby counties and jurisdictions, including Fairfax county in Virginia and Washington DC, could pay ahead. "It's not more money coming in, it's just coming in earlier than it would have". "No one was saying, 'Please let me make early payment of a bill I don't owe.' Wise cash management suggests you should pay closer to the due date, not farther away". Of the roughly 120,000 tax bills the county sends out, only 15 to 20 people prepay for the next year, and those are usually the same 15 to 20 people each year, he said.

Gov. Chris Christie on Wednesday issued an executive order requiring that all municipalities in the state accept 2018 property tax payments and allow taxpayers to claim them on their 2017 returns as long as they are postmarked before the end of the year.

Leventhal was among the majority voting for it.

"Only some Auburnians will be able to take advantage of the resolution we pass here today", Carabajal said. Ultimately it will be up to the Internal Revenue Service to make that determination.

Finally, Android Oreo released for LG V30 and V30+
Google and Motorola announced the first Android One smartphone in the United States with the launch of Moto X4 . In terms of specifications, LG V30 sports a 6-inch P-OLED display (2880 x 1440) and an aspect ratio of 18:9.

New Jersey is home to the nation's highest property taxes, and there is now no limit in how much homeowners can claim in property taxes on their federal income tax returns.

Here are some things to keep in mind.

A spokesman for Keystone Collections, which is based in Westmoreland County, said tax collectors are not permitted under state law to accept payments until they have a bill in hand from the taxing authority. By filing early, some people are trying to effectively delay that hike for a year by paying their 2018 taxes in advance, though it isn't clear whether doing so will pay off.

Some areas will allow online payments.

Obamacare enrollment in NJ down slightly from previous year
Now the individual mandate, the Obamacare requirement that all Americans get health insurance or pay a fine, is gone. Among the 6.4 million returning customers, CMS said some undisclosed number were automatically re-enrolled.

For those Americans who are retired or disabled, or who are lucky enough to work in one of those industries that basically shut down between Christmas and New Year's Day, this week is probably devoted to visiting relatives, returning gifts, watching football or basketball, or in general recovering from 2017.


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