Todd Gluth

Todd Gluth

Cooley LLP

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Federal Tax Legislation Extends and Increases SALT Cap, Preserves PTET Workarounds

The One Big Beautiful Bill Act (OBBBA), signed into law by President Donald Trump on July 4, 2025, introduces a revised approach to the limitation on deductibility of state and local taxes (SALT cap)....more

7/18/2025  /  Federal Taxes , SALT , Tax Deductions , Tax Legislation , Tax Planning
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