Pass-Throughs Shouldn't Duck SALT Cap, ITEP Says
By Theresa Schliep · January 31, 2020, 3:48 PM EST
An IRS proposal on charitable payments made for business purposes should clarify that pass-through entities can't sidestep the $10,000 state and local tax deduction cap by classifying payments as business expenses,...
To view the full article, register now.
Try a seven day FREE Trial
Already a subscriber? Click here to login