New York state executive order allows property tax prepayment
Governor Andrew M. Cuomo has signed an emergency executive order that will allow New Yorkers to prepay next year’s property taxes this year, before the new tax law takes effect. Payments must be postmarked by December 31, 2017. For more information, contact the tax collector for each client’s county.
The order authorizes localities to issue warrants for the collection of early property tax payments and to accept partial payment—allowing New Yorkers to pay a portion or all of their 2018 property taxes before the end of the year to keep the deductibility.
Who to contact regarding prepayment eligibility
Check with each client’s tax receiver to see if your clients are eligible to make an early payment. The deadline is December 31, so you must act quickly.
Deadline for prepayment
Payments made by mail and postmarked on or before December 31, 2017, will be considered timely. If their county accepts online payments, your clients may pay online until 11:59 p.m., Sunday, December 31, 2017.
For more information, see Executive Order #172.
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This publication is for general information only. It is not legal advice, and legal counsel should be contacted before any action is taken that might be influenced by this publication.
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