Author: Elite Consulting, P.C. | | Categories: Business Compliance Strategies , Business Tax Efficiency , Federal Tax Changes , High-Tax States Relief , Small Business Compliance Tips , Small Business Tax Implications , Small Business Tax Tips , State and Local Tax Deductions , State Income Tax Deduction , Tax Law Changes , Tax Policy Changes , Tax Reform Updates
Big changes could be coming to the state and local tax (SALT) deduction, and they might save you thousands. Lawmakers are discussing raising the $10,000 limit or even removing it entirely, giving homeowners and small business owners in high-tax states a major break. Find out what these changes mean, who stands to benefit the most, and how to prepare so you don’t miss out!
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