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Four states in the eastern U.S. will attempt to revive their lawsuit challenging the Trump administration’s cap on the deduction for state and local taxes, known as SALT, after a judge dismissed the case.November 26
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Moving to a lower-tax state is more attractive than ever with the $10,000 cap on state tax deductions.November 26PrincipalPKF O'Connor Davies LLP
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Moving to a lower-tax state is more attractive than ever in light of the TCJA's $10,000 cap on state tax deductions.November 20PrincipalPKF O'Connor Davies LLP
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The president should have a chance to block House Democrats from obtaining his New York state tax returns, a federal judge decided, in a boost for the president as he fends off other subpoenas for his financial records while facing an impeachment inquiry.November 19
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The wait is over to see how states will respond to the Supreme Court decision as nearly every state has adopted economic nexus laws or guidance.November 6PartnerBaker & McKenzie LLP
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Taxes on sugary drinks can have positive health effects, but they aren’t a panacea.November 5
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The president, a lifelong New Yorker, has changed his primary residence to the Sunshine State, a move that could benefit his re-election campaign — and his tax bill.November 1
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Here are some ready-to-use tips to help both tax pros and their customers who provide communications services navigate this tricky landscape.October 25Senior tax consultantAvalara
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The Senate rejected a Democratic proposal that sought to give states leeway to help residents avoid the $10,000 limit on deductions for state and local tax payments.October 23
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Democrats are staging a long-shot attempt to chip away at the Republican tax law’s limit on state and local tax deductions, finding few GOP allies despite potential benefit for Republican-led states.October 23