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:
  • 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
  • Emerge Energy Services LP (EMES)
    all Consolidated Interest Expense (net of interest income) for such period, (iii) all federal, state, local and excise Tax expense, including franchise Taxes, for such period, (iv) non-cash charges (including non-cash compensation charges resulting from ...
    01/8/2018 - 8:28 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:
  • 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 ...
    01/9/2018 - 7:00 pm | View Website
  • The 2018-19 Budget: California's Fiscal Outlook
    The near-term budget outlook is positive. Under our current estimates, the state would have $19.3 billion in total reserves (including $7.5 billion in discretionary ...
    01/9/2018 - 8:30 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 ...
    01/2/2018 - 5:49 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 ...
    01/2/2018 - 3:59 am | View Website
  • Californians might retain a state and local income tax ...
    Californians might retain their ability to deduct state and local income taxes from their federal returns under a pending overhaul — but with a catch. The total ...
    12/7/2017 - 7:25 pm | View Website
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