Hours extended to prepay 2018 Hennepin Co. property taxes

Howard Schnapp

That's led some tax advisers to urge prepayment of 2018 property taxes before the year ends to maximize those deductions in 2017.

Gov. Andrew Cuomo signed an executive order allowing New Yorkers to prepay their property taxes in a bid to ease the burden of the GOP tax reform.

"Congress passed a tax bill that drastically limits the ability to deduct state and local taxes beginning on January 1".

Please note for those taxpayers whose taxes are paid by a mortgage company or escrow agent we highly recommended that you contact the mortgage company or escrow agents to confirm that you will be making advanced payments.

The Township does not provide estimated tax payments for 2018 other than the first two-quarters of taxes which have already been billed. The Montgomery County Council in Maryland broke its winter recess to pass a bill allowing residents to prepay 2018 taxes, the Washington Post reported.

"All residents will be subject to the new federal tax changes regardless of any county action and regardless of any governor executive order", wrote Coyle in an email.

Marylanders will be looking to see that Maryland tax rules will be changed timely and fairly so that we pay no more taxes then we now are paying.

Baltimore Couple Among Five Killed In Florida Plane Crash
He ran for Florida state representative in 2014 as a Republican and lost in a primary election by fewer than 175 votes. Worthington was a passenger on Shannon's plane Sunday morning. "There was no chance of survival", Judd said.

The tax warrant has gone to local tax collectors, and people interested in prepayment will need to do so at the local level.

Oswego County normally sets its tax warrant date for December 31 - too late to use this strategy.

Property owners who now pay more than $10,000 for their taxes can pay before December 31, utilizing a deduction that is available in 2017 and will not be available in 2018. Check the county website to look up your tax bill in Onondaga County.

While Cuomo was staunchly opposed to the tax overhaul, the bill had the support of Congressman Chris Collins (R-Clarence), whose 27 Congressional District includes all of Livingston County.

"This is a historic moment for workers, families, and job creators in Western New York", said Collins.

Every congressional Democrat from NY voted against the bill as did five Republicans - Dan Donovan, John Faso, Peter King, Elise Stefanik and Lee Zeldin.

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Consider paying your 2018 town/county tax bill now if you can
However, many municipalities are already accepting full-year prepayments in anticipation that the full payment may be deductible. Additionally, 2018 general tax payments will be accepted online on the town's website after December 27, if available.