Krista McNallyDec 29, 2017, 9:11 pmJan 2, 2018, 3:26 pm

What will the GOP tax plan mean for you, and should you pay taxes early?

FiOS1 News sits down with a CPA for some advice on what to do under the new law


HEMPSTEAD — Under the next GOP tax law, there is a $10,000 cap on the deduction for property, state income, and sales tax. Since many Long Islanders pay well above that figure, this has lead to an increase in questions for local CPA Michael Kessler.

"We have been getting a lot of calls from clients. They have been concerned with the taxes because state, local, and sales taxes are now limited under the new tax law," Kessler said.

New York Gov. Andrew Cuomo signed an executive order last week allowing people to pay their 2018 general taxes before the end of 2017 to receive the deduction.

"If you are assessed and the taxes can be paid in 2017, generally it's a good idea to do that," Kessler said.

Now, in order to accommodate property owners trying to prepay their taxes, tax offices are working extended hours and will be working through the holiday weekend.

Hempstead Town Receiver of Taxes Donald Clavin says that, due to the increased workflow and overtime costs, that he will be asking the state to reimburse all the localities across NEw York for the overtime costs.

The Hempstead town tax office will be open this weekend on Saturday and Sunday, from 9 a.m. to 5 p.m.

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