Tag Archives: State and Local Tax

Impact of IRS regulations on state credits for charitable contributions

October 19, 2018

By Scott Brawdy, CPA, Tax Manager and SALT Practice Leader Garrett Jerzyk, CPA, Senior Tax Associate Proposed regulations issued by the IRS are putting a halt to states’ plans to offer state-sponsored charitable contribution programs to circumvent the $10,000 state and local tax deduction cap for individuals made in the Tax Cuts and Jobs Act (TCJA). The […]