Lance Meets with IRS to Lobby for Favorable Ruling on on SALT Prepayments

February 16, 2018

WASHINGTON - New Jersey Reps.Leonard Lance (R-7th) and Josh Gottheimer (R-5th) hosted a meeting on Capitol Hill Thursday with Acting IRS Commissioner David J. Kautter concerning prepayments of 2018 property taxes in 2017.

The IRS previously issued a ruling stating it would allow the deductibility of 2018 property taxes paid in 2017 only if the property taxes had been assessed in 2017.  ...

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