| Home | November 2022News | Levine, Jacobs & Company, LLC, Shares Insight On ANCHOR Property Tax Benefits And Federal Taxation |
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 Levine, Jacobs & Company, LLC, Shares Insight On ANCHOR Property Tax Benefits And Federal Taxation- Levine, Jacobs & Company, LLC, Shares Insight On ANCHOR Property Tax Benefits And Federal Taxation
- November 16, 2022
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Michael H. Karu, CPA/CFF discusses ANCHOR property tax payouts.
Michael H. Karu, CPA/CFF, Senior Member, Levine, Jacobs & Company, LLC., was quoted in NJ.com where he discussed ANCHOR property tax payouts and federal taxation.
People are aware that the new ANCHOR property tax payouts are not taxed by New Jersey, but are interested in knowing whether their ANCHOR property tax payouts will be taxed on their federal tax return.
Karu explained, “The ANCHOR funds are a reduction of your real estate taxes. The ANCHOR payment will not be shown as income.”
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- View more at: https://www.1888pressrelease.com/levine-jacobs-company-llc-shares-insight-on-anchor-prop-pr-714828.html
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