Tax Reform: Two Case Studies Showing Benefits of Prepaying Certain Deductions

By Terry Cicero

Prepaying certain deductions can mean big savings on your 2017 tax return. Click on the two examples below and if you have any questions, please contact your DHJJ CPA.

Case Study 1

Case Study 2

If you have any questions, please contact Terry Cicero at tcicero@dhjj.com or call 630-420-1360.

2 comments on “Tax Reform: Two Case Studies Showing Benefits of Prepaying Certain Deductions

  1. Stephanie Gandsey on

    AMT would generally result in no benefit for prepaying property taxes. Charitable benefits would still apply, possibly at a different tax rate.

    Thanks,
    Terry Cicero

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