AccountantsWorld Daily News IRS and Treasury Plan Crackdown on SALT Deduction Workarounds
(Accounting Today) - In recent months, high-tax states such as New York, New Jersey, California and Connecticut have either passed or proposed laws allowing taxpayers to make payments to state-controlled funds in lieu of taxes as a way to get around the limits.
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IRS and Treasury Plan Crackdown on SALT Deduction Workarounds IRS Will Issue Guidance On Tax-Reform-Inspired SALT Transactions Accounting/Audit
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