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Tag: SALT deduction

Suffolk Exec Seeks End Run Around SALT Deduction Cap

In April, Suffolk County became the first county in New York to take advantage of state tax code reforms designed to provide an end run around the new federal cap on state and local tax deductions, known as SALT.

Fight To Uncap SALT Deduction Waged On County And Federal Fronts

In Suffolk County, the fight to uncap the deduction of state and local taxes, which was limited to $10,000 by the 2017 federal tax law, is being fought on two fronts.