N.J. lawmakers propose saving you money with property tax break

in #new-jersey7 years ago

property_tax_appeals.jpg

The New Jersey state Senate began its work Thursday devising a way to prevent New Jersey taxpayers from losing a popular property tax break as a result of federal income tax reform. Under the scheme, taxpayers would make donations to the charitable fund and receive a credit against their property tax bill. They could in turn claim the payment as a charitable contribution, which is not subject to a cap.

Sounds like it's a good time to start a 5013c.

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