Home » Corporate Taxation » US: 36 States have enacted Pass-Through Entity Tax Laws enabling Owners of S Corporations and Partnerships to avoid the annual Limit Deductibility of State Taxes

US: 36 States have enacted Pass-Through Entity Tax Laws enabling Owners of S Corporations and Partnerships to avoid the annual Limit Deductibility of State Taxes

Did you know 36 states have enacted PTE tax laws to enable owners of partnerships and s corporations to avoid the $10,000 annual limit on the deductibility of state taxes? | Taft Tax Insights

Update:
www.irs.gov/newsroom/treasury-irs-propose-regulations-implementing-disallowance-of-deductions-for-certain-conservation-easement-contributions-by-partnerships-s-corporations
£https://www.federalregister.gov/documents/2023/11/20/2023-25423/statutory-disallowance-of-deductions-for-certain-qualified-conservation-contributions-made-by

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