Utilizing New State Tax Cap Workarounds: Key Considerations

Utilizing New State Tax Cap Workarounds: Key Considerations

Presented on November 3, 2021

Chris Parker, JD, Principal, State & Local Tax Services
Mark Hawkins, Director, State & Local Tax Services
Jennifer Young, Director, State & Local Tax Services
Lawrence Khan, Senior Manager, State & Local Tax Services

California, Oregon, and other states have enacted recent legislation to offer pass through entity workarounds from the $10,000 federal cap on state and local tax (SALT) deductions.

Individuals and trusts that own an interest in a pass-through entity will want to understand their eligibility and how to calculate potential benefits.

Watch our webcast to learn how this could affect you.

Related Topics

Sales and Use Tax Compliance: The Top 3 Challenges and Key Tax Planning Strategies

California Passes Law to Allow Federal Income Tax Relief for Pass-Through Entity Owners

State & Local Tax Guide

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