New Jersey

NJ Gov. Christie orders towns to accept 2018 tax prepayments

$10K cap on state, local tax deductions in 2018

TRENTON, N.J. - Republican New Jersey Gov. Chris Christie has signed an executive order requiring towns to accept property tax prepayments for 2018.

Many state residents are scrambling to pay their taxes before a $10,000 cap on state and local tax deductions goes into effect.

That provision is part of a tax reform law signed by President Donald Trump this month.

"This executive order requires local officials to dedicate the resources and staffing to serve New Jerseyans who are planning in this way for their families and their futures," Christie said.

New Jersey has the highest property taxes in the nation.

Christie's order takes effect immediately. It directs towns to accept prepayments through December 31.

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