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To: Night Hides Not

There are two different issues. In CT we can pay our 2017 tax in 2 installments. One is due in July, the other is due in January. I have sent letter to all my clients to consider paying January installment on December. I have not recommended they pay next year’s tax for 2018 in December because that would not be deductible this year.

Also for income tax, I have recommended that they pay January installment in December and consider doubling it because a 25 percentage extra is probably reasonable


17 posted on 12/24/2017 5:04:02 AM PST by Raycpa
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To: Raycpa

“”In CT we can pay our 2017 tax in 2 installments. One is due in July, the other is due in January””

I wondered about that when an earlier post mentioned the last installment isn’t due until NEXT YEAR. I’ve never lived in a state where property taxes aren’t due and paid in the same year - maybe a couple of months apart but here in GA, 100% is due in October...

Doesn’t this change pertain to disallowing anything OVER $10,000? I don’t know about the majority of posters but that’s a lot of property tax so how many people pay even close to $10,000 per year, let alone OVER $10,000? IMO if they are in that category, why are they complaining? Apparently money isn’t a problem...


39 posted on 12/24/2017 6:07:42 AM PST by Thank You Rush
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