This session is designed to help attendees make sense of the state and local tax issues in today’s ever-changing economic and business landscape. Hot-button areas of focus include pitfalls, credits, new taxes, and new rates included in the current budget bill and their impact. We will also discuss the status of current SALT cases that may affect decisions moving forward, including residency issues.
Learning Objectives
- Upon completion of this course, you'll be able to:
- Identify key updates and changes in state and local tax laws, including new rates, credits, and taxes introduced in the latest budget bill.
- Examine common pitfalls and challenges in today’s SALT environment, particularly regarding residency and compliance.
- Evaluate the impact of current and pending SALT litigation on tax planning strategies and business decisions.
Major Topics
- Key updates and changes in state and local tax laws, including new rates, credits, and taxes introduced in the latest budget bill.
- Common pitfalls and challenges in today’s SALT environment, particularly regarding residency and compliance.
- The impact of current and pending SALT litigation on tax planning strategies and business decisions.
