reduce tax Tag

Murphy’s Law Blog 2023 | #29 — Tax Package Settled?

At this point, the conference committee discussion on how to reduce property tax and income tax appears to have a tentative solution. Senate Tax Committee Chair Jordan Kannianen explained to me this morning (although they do have an afternoon meeting to confirm) that property tax looks to be a $500 deduction for every single home […]

At this point, the conference committee discussion on how to reduce property tax and income tax appears to have a tentative solution.Senate Tax Committee Chair Jordan Kannianen explained to me this morning (although they do have an afternoon meeting to confirm) that property tax looks to be a $500 deduction for every single home or occupied dwelling. It would affect about 206,000 homeowners...