State and Local Tax (SALT) Deduction

The Benefits of the State and Local Tax Deduction by County

Do taxpayers in your area rely heavily on state and local tax deductions? See how the Tax Cuts and Jobs Act tax plan may impact taxpayers in your county.

Who Benefits from the State and Local Tax Deduction?

The Impact of a Higher Corporate Tax Rate to Fund Eliminating the SALT Deduction Cap

IRS Deals Blow to SALT Deduction Cap Workarounds

What to Expect from IRS Guidance on SALT Deduction Cap Workarounds

While a few are hoping for a different outcome, most observers expect the IRS to disallow these new, intentional SALT workarounds that have been adopted by New York and a handful of other states.

Testimony: Washington’s Business Tax Structure

Evaluating the SALT Deduction Constitutional Challenge

Four states have brought a lawsuit against the federal tax bill claiming that its $10,000 cap on the state-local deduction is unconstitutional. Here’s why the lawsuit has little merit.

Testimony: California’s SALT Deduction Cap Workaround is Legally Dubious and Needlessly Regressive

IRS to Issue Guidance Clarifying Viability of SALT Deduction Cap Workarounds

Radical Changes to Small Business Taxation in the Works in New York

New York, New Jersey, and Connecticut v. the United States: A Preview of the SALT Limit Constitutional Challenge

The threatened lawsuit may be more a political exercise than a legal one, as a judge is unlikely to rule that the SALT deduction cap violates either the Equal Protection Clause or the Tenth Amendment

New York’s SALT Avoidance Scheme Could Actually Raise Your Taxes

Lower Social Security Benefits under Governor Cuomo’s Plan

New York Taxpayers Must Pay for Ill-Advised Lawsuit Seeking Tax Cuts for Wealthiest Residents

New York, New Jersey, and Connecticut are pursuing a questionable legal strategy to overturn the cap on a federal tax deduction that benefits the wealthy.

More States Considering Dubious SALT Charitable Contribution Workaround

California’s plan to circumvent the new state and local tax deduction cap is dubious, but now Illinois, Nebraska, Virginia, and Washington are considering similar plans.

State Strategies to Preserve SALT Deductions for High-Income Taxpayers: Will They Work?

The scramble to restore the full state and local tax deduction for high-income taxpayers has resulted in inventive proposals that, for both legal and practical reasons, are unlikely to succeed.

SALT Update: Property Tax Prepayments Need an Assessment

States Estimating Revenue Increases from Federal Tax Bill; Montana One Exception So Far

Prepaying SALT isn’t an Option

As the Tax Cuts and Jobs Act seeks to simplify the tax code, a last-minute provision closed a potential new tax-planning strategy germinating before the bill even passed.

High-Tax States are Inconsistent on the State and Local Tax Deduction

If the state and local tax deduction is necessary to prevent double taxation, why don’t states offer a deduction for federal and local taxes?