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 Barry Zimmer (see all)
- What You Need to Know about Elder Abuse - May 18, 2023
- Celebrate Older Americans Month This May - May 16, 2023
- Why Incapacity Planning Should Be Included in Your Estate Plan - May 11, 2023