Major Changes to New York’s SALT Workaround as Part of FY23 Budget Bill
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MAY 4, 2022
Many states across the nation have enacted electable PTETs in an effort to provide businesses a workaround to the federal state and local tax (“SALT”) deduction limitation that the Tax Cuts and Jobs Act (“TCJA”) put in place. PTET Income Tax Addback. State and Local Tax Services. Contact Us.
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