state and local tax deductions Archives

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House OKs Bill Suspending Cap on State, Local Tax Deductions

by The Associated Press | Dec 20, 2019 | CR Daily, Industry News, Residential Real Estate

The Democratic-controlled House approved legislation Thursday to suspend for two years the $10,000 cap on state and local tax deductions that came with President Donald Trump’s massive 2017 tax law, which some say has helped keep down demand for high-end housing.

CT Appeals Rejection of SALT Deduction Lawsuit

by The Associated Press | Nov 27, 2019 | CR Daily, Industry News, Residential Real Estate

Four states want a federal appeals court to revive their lawsuit challenging the federal tax overhaul that limited how much can be deducted in state and local taxes.

House OKs Bill Suspending Cap on State, Local Tax Deductions

CT Appeals Rejection of SALT Deduction Lawsuit

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