The federal tax reform legislation is a work in progress, and its final form will undoubtedly be affected by political considerations and lobbying by interested parties. Both the House and Senate bills deserve careful study by taxpayers and their representatives, as many of the provisions will have an effect on state and local taxes.
New SALT Implications in Proposed House and Senate Tax Reform Bills
By McDermott Will & Emery on November 30, 2017
Posted In Federal Tax, Nationwide Importance