The State of New York dedicates substantial efforts and resources to ensure that business enterprises pay the sales tax they collect from patrons. Those New York businesses that fail to comply face a myriad of enforcement mechanisms by the New…
The $10,000 SALT Limit and the Rental Real Estate Under the recently enacted Tax Cuts and Jobs Act, State And Local Tax (SALT) deductions are limited to $10,000. How does this affect the individual taxpayer? QUESTION: Are SALT payments…