SBS is now part of the LedgerWay ecosystem of Accounting, Tax, and CFO advisors! Click here to get your....

Learning Center
We keep you up to date on the latest tax changes and news in the industry.

Year-end Tax Planning: Have You Ever Thought About Pre-paying Your State Income and Property Taxes?

Doing so may save you tax if you are able to itemize deductions on your federal return.

State and local income taxes, or sales tax if greater, as well as personal property and real estate taxes paid during the year, are deductible on your federal return when you itemize deductions.

Learn more.

Share this article...

Want tax & accounting tips and insights?

Sign up for our newsletter.

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the and .
I consent to receive SMS messages