11 April 2018

IRS Rules Prepaid Property Taxes May Still Be Deductible on 2017 Returns

The IRS ruled that taxpayers who prepaid their 2018 property taxes may still be able to deduct the entire amount from their 2017 federal taxes without regard to the $10,000 limit imposed by the Tax Cut and Jobs Act. To be eligible, the following must be true:

  • Taxpayers must have made the payments by December 31, 2017.
  • The property taxes must have been assessed prior to 2018 (i.e. anticipated taxes that have not yet been assessed are not be deductible.)

Please contact our team if you would like more information.

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«July 2025»
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Grant Due: FY 2025 Family, Opportunity, Resilience, Grit, Engagement – Fatherhood (FORGE Fatherhood)

WHAT DOES IT FUND? The purpose of this program is to support responsible fatherhood by promoting healthy marriage, responsible parenting practices, and economic stability activities. Projects will provide a broad array of services to adult fathers. Click here for more information.

WHO'S ELIGIBLE? State, county, city, township, and special district governments; independent school districts; public- and state-controlled institutions of higher education; federally recognized Native American tribal governments and tribal organizations; public housing authorities and Indian housing authorities; nonprofit organizations; faith-based organizations; and community organizations.

TOTAL FUNDING AMOUNT? $55 million

WHEN IS IT DUE? July 29, 2025

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Grant Due: FY 2025 Family, Opportunity, Resilience, Grit, Engagement – Fatherhood (FORGE Fatherhood)

WHAT DOES IT FUND? The purpose of this program is to support responsible fatherhood by promoting healthy marriage, responsible parenting practices, and economic stability activities. Projects will provide a broad array of services to adult fathers. Click here for more information.

WHO'S ELIGIBLE? State, county, city, township, and special district governments; independent school districts; public- and state-controlled institutions of higher education; federally recognized Native American tribal governments and tribal organizations; public housing authorities and Indian housing authorities; nonprofit organizations; faith-based organizations; and community organizations.

TOTAL FUNDING AMOUNT? $55 million

WHEN IS IT DUE? July 29, 2025

Read more
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US Congressional Calendar

9 December 2024

TFG Presents 2025 Congressional Calendar

The Ferguson Group (TFG) compiled a 2025 Congressional Calendar with session and recess dates for the U.S. House of Representatives and U.S. Senate 119th congressional session. 

Latest TFG News

28 January 2025

TFG Monitoring Developments of Temporary Pause of Agency Grant, Loan, and Other Financial Assistance Programs

On January 27, the Office of Management and Budget (OMB) under President Trump issued a memorandum titled “Temporary Pause of Agency Grant, Loan, and Other Financial Assistance Programs.” The directive mandates Federal agencies to temporarily suspend the obligation and disbursement of federal financial assistance while conducting a comprehensive review of programs and awards to ensure alignment with the administration’s policies and priorities. As part of this review, agencies are also instructed to temporarily suspend the issuance of new program solicitations.

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