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New York Governor Andrew Cuomo is rallying a team of governors from fellow high-tax states to push Congress to repeal the cap on deductions for state and local taxes — an effort that looks doomed to fail.
February 25 -
The president and the governor will discuss a change in the 2017 tax law that limits the SALT deduction.
February 12 -
The president said he would consider changes to a controversial cap on the federal deduction for state and local taxes.
February 7 -
Wayfair and the Tax Cuts and Jobs Act continue to dominate.
February 5 -
Signs are emerging that some disgruntled taxpayers are jumping at the chance to cut their taxes by moving to the Sunshine State.
January 17 -
The Internal Revenue Service is offering business taxpayers some breaks related to the state and local tax deduction that was limited under the Tax Cuts and Jobs Act, but only when they make charitable contributions.
December 28 -
Major tax reform changes that practitioners and taxpayers should keep an eye out for during filing season.
December 18 -
Experts share a host of strategies to put in place before the end of the year to make the most of tax reform.
December 17 -
Practitioners share why communication is critical amid the uncertainty of the TCJA.
December 4 -
At least six House Republicans in high-tax states lost their seats Tuesday, defeated in part by voter frustration over the GOP tax law’s new cap on state and local tax deductions.
November 7