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New Tax Law May Affect State Income Tax, Too!


The brand new tax legislation has many impacts on state earnings taxes in 2018. The legislation limits the deductibility of state earnings taxes for federal functions. It additionally raises the federal customary deduction quantity. Nevertheless, taxpayers ought to think about the impression on their state earnings tax of the selections they make to attenuate their federal taxes. This text examines why.

The publish New Tax Law May Affect State Income Tax, Too! appeared first on Nirenstein, Horowitz & Associates P.C..



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