A SALT cap surprise (so far)

A SALT cap surprise (so far)

BY E.J. McMAHON From the Empire Center The newly enacted federal income law provision limiting state and local tax (SALT) deductions โ€œis likely to substantially decrease home valuesโ€ in New York, Connecticut, Maryland and New Jersey. So claims a federalย lawsuitย filed by those four states against the Trump administration with the goal of having the $10,000 […]

OMBUDSMAN-ALERT: Congress Must Restore Complete State and Local Tax Deductions From The Federal Income Tax!

OMBUDSMAN-ALERT: Congress Must Restore Complete State and Local Tax Deductions From The Federal Income Tax!

BY DR. LOUIS ALPERT Ombudsman Starting today,ย February 22, 2018, this writer has launched a program in theย tri-state region of New York, New Jersey and Connecticut to demand that senators and congresspersons representing these states support legislationย ย he restore the right of tax payers to itemize and deduct their high state and local taxes (SALT) on their […]