Newsday quoted National Tax Leader Joseph Perry in an article about how the new federal deduction cap on state and local taxes is influencing first-time homebuyers.
By Tom Brune
“We’re starting to see people explore a little bit more,” said CPA Joseph Perry at Marcum LLP, by asking for projected savings from a move to a low-tax state. “We did some calculations. People thought about it. Why didn’t they want to move? They don’t want to change their life.”