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Tax Planning Opportunities for Midwestern Pass-Through Entities

by cpainomaha | October 7, 2024 | Blog | 0 Comments

The State and Local Tax (SALT) deduction cap, introduced under the 2017 Tax Cuts and Jobs Act, limits the amount of state taxes you can deduct on your federal return. For many pass-through business owners in the Midwest, this can result in a higher federal tax bill.

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