State and local taxes aren’t just for “law professors and bloggers” any more. As the New York Times tells us, the States are scrambling to respond to Congress’ recent tax…
Here is the Why and the How (roughly)
This week I’m looking at three major proposals for states to respond to partial repeal of the federal tax deduction for state & local taxes. Yesterday we covered some background and evaluated a plan to use the charitable contribution deduction in place…
As readers of this blog know, I’ve suggested (here and here — and, along with 12 other tax law professors including co-bloggers David Gamage, David Kamin, and Darien Shanske — here and here as well) that states can soften the blow from…
The 20 Percent Deduction and the Reasonable Compensation Standard
Can any independent contractor — making less than $315,000 for a married couple (and half that for a single individual)— take the new 20 percent deduction on income…
Or why states should tax Qualified Business Income
There has already been a fair amount written on how states can restructure their tax systems so as to retain the benefit of the state and local tax (SALT) deduction for…
This has been an exciting month for state and local tax geeks. Lost in all the other big news is word last week that the Supreme Court has called for the views of the U.S. solicitor general in a state tax case, Dawson v. Steager. CVSG, as…
This week I’m looking at three major proposals for states to respond to partial repeal of the federal tax deduction for state & local taxes. The first post covered some background and evaluated a plan to use the charitable contribution deduction…
