The Tax Cuts and Jobs Act increased the standard deduction amount. However, it also limited itemized deductions for state and local taxes (SALT) on the federal income tax return. Read on to learn what works (and what doesn’t work) to maneuver around the $10,000 SALT limitation.
SALT Deduction Limit…Can You Get Around It?
Latest posts by Charlie Amen (see all)
- Updating Your Plan: Powers of Attorney - January 17, 2021
- Updating Your Plan: Your Trust or Will - January 14, 2021
- Tax Planning for 2021 - January 11, 2021
