KROST

State and Local Tax

California Passes Workaround to the Federal Limit on State Tax Deductions

August 6, 2021By David Troost

The Tax Cuts and Jobs Act passed in December 2017 limited the state and local tax (SALT) deduction for individuals to $10,000. States have worked to find ways around the limit using various methods and gimmicks, which the IRS has rejected until recently. The IRS has issued guidance that allows states to work around the Read the full article…

The Impact of the Pandemic on State and Local Tax Considerations for a Remote Workforce

September 21, 2020By Matthew Weber, CPA, MAcc

The COVID-19 pandemic has completely changed what we once thought was normal. With social distancing becoming a way of life, millions of Americans are now working remotely. For many, there is no certainty as to when or if they will return to their workplaces. As the pandemic drags on, many businesses have allowed their employees Read the full article…

KROST

State and Local Tax

California Passes Workaround to the Federal Limit on State Tax Deductions

The Impact of the Pandemic on State and Local Tax Considerations for a Remote Workforce

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