Utilizing New State Tax Cap Workarounds: Key Considerations

Utilizing New State Tax Cap Workarounds: Key Considerations

Presented on November 3, 2021

Chris Parker, JD, Partner, 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

Contact Us with Questions

First Name

Last Name

Email

Organization

Title

City

State

Phone

Additional Information

How did you hear about us?

I agree to the terms and conditions of the Moss Adams privacy policy <a href="/privacy" target="_blank">here</a>.

I agree to the terms and conditions of the Moss Adams privacy policy here.

The material appearing in this communication is for informational purposes only and should not be construed as legal, accounting, or tax advice or opinion provided by Moss Adams LLP. This information is not intended to create, and receipt does not constitute, a legal relationship, including, but not limited to, an accountant-client relationship. Although these materials have been prepared by professionals, the user should not substitute these materials for professional services, and should seek advice from an independent advisor before acting on any information presented. Moss Adams LLP assumes no obligation to provide notification of changes in tax laws or other factors that could affect the information provided.