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Expert Analysis

NY Tax Minutes: Final SALT Regs And 2 Post-Budget Changes

By Timothy Noonan and K. Craig Reilly ( July 8, 2019, 3:20 PM EDT) -- The Fourth of July fireworks may be over but there's still plenty to see on the New York tax front. In this month's edition of NY Tax Minutes, we take a look at the Internal Revenue Service's final state and local tax, or SALT, regulations addressing potential workarounds to the SALT deduction cap. We also highlight two noteworthy post-budget changes to New York's tax law and look in on the past month's important state tax decisions and opinions....

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