State and local sales tax deduction remains, but subject to a new limit
Individual taxpayers who itemize their deductions can deduct either state and local income taxes or state and local sales taxes.…
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Educational Articles
Is Home Mortgage and Home Equity Loan Interest Still Deductible Under the New Law?
There have been changes in the rules for deducting qualified residential interest, i.e., interest on your home mortgage, under the…
Read More What’s New for 2018: Game-Changing Tax Overhaul in Place for Individuals – Part II
The new tax year is a true game-changer for taxpayers and their advisers, as many fundamental, decades-old tax rules have…
Read More What’s New for 2018: Game-Changing Tax Overhaul in Place for Individuals – Part I
The new tax year is a true game-changer for taxpayers and their advisers, as many fundamental, decades-old tax rules have…
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