Recapping States’ SALT Cap Workarounds

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Tax Notes Talk

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Nikki Dobay, a partner with Eversheds Sutherland’s tax practice group, discusses the SALT cap workarounds for passthrough entities that many states have adopted, and possible coming developments for those policies.For additional coverage, read these articles in Tax Notes:Illinois Governor Signs Passthrough SALT Cap WorkaroundLess Expensive SALT Cap Rollbacks Still Mostly Benefit WealthyNew York Issues Guidance on SALT Cap WorkaroundSurge of SALT Workarounds Could Pose Complications for PassthroughsCalifornia Democrats Join Call to Lift SALT Deduction CapIn our “In the Pages” segment, Philip Wolf, associate at Belcher, Smolen & Van Loo LLP, chats about his new Tax Notes column, The Tax Scribe, and his first installment of the column, "Starting Strong in Tax Writing: The Opening Paragraph."**This episode is sponsored by Avalara. For more information, visit avalara.com/taxnotes.This episode is sponsored by SafeSend. For more information, visit safesend.com. ***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Christa Goad