TP issues and mails property tax check Dec 30th, 2015....county treasurer does not receive till after 1st of year. TP uses cash method. Deductible in 2015 for TP?
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Issue property tax check Dec 30th & treasurer receives in Jan.....2015 deductible?
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Current year but with a twist
Agreed.
In theory, it will be a 2015 payment. In practicality, it will "look like" a 2016 payment.
Something like certified mail / proof of mailing would be a strong requirement, but bottom line that just shows "something" was mailed to the tax folks.
I would suggest the client hand-deliver the check, or perhaps consider paying via a credit card.
And, NEXT year. . .plan a little bit farther ahead. . .and let the payment hit the tax office <12/31 !
FE
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