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The Hultquist Blog

How to (Potentially) Circumvent the $10,000 Cap on State and Local Tax Deductions

Under the new Trump tax law, individuals are limited in deducting state and local taxes up to $10,000.  There has been a lot in the news lately about high-tax states trying to circumvent this limitation by establishing state run non-profit organizations that allow state tax credits for contributions to the funds. By doing so, these […]

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