Monday, January 8, 2018

Plan Aims to Turn Property-Tax Bills Into Charitable Deductions to Skirt Overhaul

A Democratic congressman is pushing N.J. local governments to establish charitable funds, which homeowners could contribute to in exchange for tax credits, enabling them to exceed the $10,000 cap on state and local tax deductions under the GOP tax overhaul.

from WSJ.com: US Business http://ift.tt/2qDtvON
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