Village Hall has been receiving a number of questions regarding the deductibility and prepayment of State and Local Taxes (SALT) as result of recent federal tax legislation. Per state statute, the Village may not accept prepayments on 2018 taxes in 2017.
State statute 74.13(1)(b)(3) reads “…General property taxes, special assessments, special charges and special taxes may be paid in advance of the levy during the period from August 1 until the 3rd Monday in December.” 2018 property tax amounts will not be available until December 2018.
The Village cannot provide tax or legal advice. Please consult a tax professional or an attorney.