(Sponsored post) Tax Notes will present TCJA’s Expiration: Navigating the SALT Cap Debate on September 26.  The webinar is free and CPE credits are available to attendees who meet the requirements. 

The expiration of key provisions of the Tax Cuts and Jobs Act will have implications beyond federal tax policy, particularly on the debate around the cap on the itemized deduction for state and local taxes. Arguments for letting the SALT cap expire emphasize its unfairness to some taxpayers, while advocates for extending or modifying the cap cite its role in helping fund federal tax cuts and maintaining fiscal discipline at the state level.

What are the burdens the cap places on residents of high-tax states like California, New York, Connecticut, and New Jersey?

If the SALT cap is allowed to expire, how will that affect the passthrough entity election? If the cap is extended, what issues remain unresolved with that election?

Panelists include Nikki E. Dobay (Greenberg Traurig), Kathleen K. Wright (Golden Gate University), and James W. Wetzler (formerly at Deloitte Tax). The moderator is Tax Analysts’ President and CEO, Cara Griffith.