Learn how contractors may be eligible for a sizeable federal income tax deduction by electing to have their pass-through entity (PTE) pay state and local taxes (SALT) at the entity level, avoiding the SALT cap.
Advisers Longing Clarity on Qualified Business Income Deduction
When the Tax Cuts and Jobs Act (The Act) was signed into law at the end of 2017, questions arose immediately regarding the applicability of the 20% deduction
States Require New Authentication Procedures for Electronic Filing
States have implemented new security measures to protect taxpayers who file their tax returns electronically. The majority of states now require the signing
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