The week in state tax news: The SALT cap drama continues, with House Republicans’ tax bill seeking to strip some professionals of their state workarounds. Meanwhile, a California tax board punts a refund claim from fast-food chain Jack in the Box, and South Carolina’s top court appears divided by an Amazon sales tax case.
SALT Workaround Targeted as GOP Budget Infighting Grows
House Republicans from high-tax states continued holding out for an increase to the $10,000 federal cap on state and local tax deductions this week. While the GOP’s tax agenda advanced May 14 out of the Ways and Means ...
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