Friday 24 August 2018

Taxpayers in New York have four days to try beating cap on state, local deductions

New Yorkers trying to beat the new federal limit on state and local tax deductions might only have a few days left to do so. The Internal Revenue Service moved closer to blocking charitable workarounds that states such as New York had approved in response to the new federal tax law’s limit on local and state deductions, but the regulations will not take effect until after Aug. 27, according to Bloomberg. This could give New […]



source https://therealdeal.com/2018/08/24/taxpayers-in-new-york-have-four-days-to-try-beating-cap-on-state-local-deductions/

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