Tax Facts

Defer SALT Expenses Until 2021?, Nov.12, 2020

By this point, we're all familiar with the cap on the deduction for state and local taxes (SALT) that was put into place for 2018025. With the uncertainty of an election year looming, some taxpayers might wonder whether they can take any steps to maximize the value of these deductions. The answer is: maybe. For more information on the SALT cap, visit Tax Facts Online.


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