Californians still might retain their ability to deduct state and local taxes from their federal returns under the Republican overhaul — but with a catch. The total annual deduction would be capped at $10,000, which is the same level as a limited deduction for property taxes that both the House...

Topics:  republican   house   californians   retain   tax   deduction   state and local   
BING NEWS:
  • I On Politics
    NEW PLAN COUNTERACTS REPEALED STATE AND LOCAL TAX DEDUCTIONS ... order to protect ourselves from the massive tax hikes we are now facing,” said Rep. Maloney. “The law’s severe restriction of the SALT deduction effectively doubles taxes (on) millions ...
    01/17/2018 - 4:25 am | View Link
  • Mid Penn Bancorp (MPB)
    any “closing agreement” as described in Section 7121 of the Code (or any similar provision of state, local or foreign tax Law), to include any item of income in or exclude any item of deduction from any Tax period beginning on or after the Effective Time.
    01/16/2018 - 7:37 am | View Link
  • Impact of the New Tax Reform Legislation on the Real Estate Industry
    JD Supra provides users with access to its legal industry publishing services (the "Service") through its website (the "Website") as well as through other sources. Our policies with regard to data collection and use of personal information of users of the ...
    01/14/2018 - 8:00 am | View Link
  • Californians might retain a state and local income tax deduction — but with limits
    Californians still might retain their ability to deduct state and local taxes from their federal returns under the Republican overhaul — but with a catch. The total annual deduction would be capped at $10,000, which is the same level as a limited ...
    12/7/2017 - 11:31 am | View Link
  • Economy Ends Tomorrow! Optimists, Californians Hardest Hit
    Matt Welch is editor at large of Reason magazine and co-author with Nick Gillespie of The Declaration of Independents: How Libertarian Politics Can Fix What's Wrong With America.
    07/15/2008 - 4:45 am | View Link
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BING SEARCH:
  • Congress Releases Tax Cuts and Jobs Act – AAGLA
    TAX REFORM: CURRENT LAW & TAX CUTS AND JOBS ACT. Provision. Current Law. Tax Cuts and Jobs Act (provisions effective beginning 2018) Business Tax Rates
    01/17/2018 - 7:40 pm | View Website
  • Commentary: Republican tax plan would hit California hard ...
    California Gov. Jerry Brown and New York Gov. Andrew Cuomo shed some alligator tears last week over Republican plans to eliminate the federal income tax deduction for ...
    01/17/2018 - 3:08 pm | View Website
  • Bill Text
    (1) Funding approved by the state’s voters in 2002 and 2006, as of June 2015, has financed the construction, rehabilitation, and preservation of over 14,000 shelter ...
    01/17/2018 - 2:51 am | View Website
  • Community Development
    Community Development The Community Development Project (CDP) builds strong foundations for healthy, vibrant and economically stable communities through (1) its legal ...
    01/16/2018 - 5:23 am | View Website
  • Bill Text
    (1) Existing law, the Medical Marijuana Regulation and Safety Act, regulates and licenses the cultivation, dispensing, distribution, manufacturing, testing, and ...
    01/15/2018 - 1:20 am | View Website
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