The new tax law has many impacts on state income taxes in 2018. The law limits the deductibility of state income taxes for federal purposes. It also raises the federal standard deduction amount. However, taxpayers should consider the impact on their state income tax of the decisions they make to minimize their federal taxes. This article examines why.
Latest posts by Michael Robinson, Estate Planning Attorney (see all)
- Reasons an Estate Plan Could Be Challenged: Part 3 – Fraud - January 22, 2020
- Question and Answer Session With an Elder Law Attorney - January 21, 2020
- Five Things You Need to Know About Medicaid Planning - January 16, 2020