The New York Times quoted Tax Leader Joseph Perry in an article about strategies to prepare for the loss of deductions for state and local taxes and property taxes.
The New York Times
By Paul Sullivan
Joseph J. Perry, the tax and business services leader at Marcum, a national accounting firm, said his firm was exploring a novel strategy for clients to prepay New York State tax for the first, second and third quarters of 2018. He said it appeared to be allowed under a mechanism in the state tax code.