States taxes – taxpayer is ok to pay reasonable 2017 estimated state taxes prior to end of year but consider AMT consequences and note that state taxes can still reduce NIIT.
Do not prepay 2018 state tax as it can cause penalties.
Feel free to call today with any questions. 800-425-0570 or email contact@MrSmartTax.com
In 2018, Ford Motor Company will move production to Mexico from its current location in Detroit. There is much speculation that this move will change the dynamic of Ford’s cooperation with the unions and can be construed as a “power move” prior to negotiations between Ford and the unions. Currently 1 out of 5 cars in the US are produced in Mexico and that number is likely to climb more US automakers are setting up production facilities in Mexico.
Mike “the Situation” Sorrentino who is currently facing tax fraud charges might be in need of a new attorney after he has reportedly been unable to pay his current attorney Richard Sapinski who says it will be a “significant hardship” to continue representing the Situation without pay.
http://www.nj.com/news/index.ssf/2015/07/mike_the_situation_sorrentinos_lawyer_wants_off_ta.html