IRS Issues Final Regulations, Bans Taxpayers From Circumventing SALT Deduction Caps July 26, 2019 // Tax // By PKF Mueller Solutions ShareThe IRS has officially shut down any plans that high-tax states had introduced to help their residents circumvent the new tax law’s $10,000 cap on deductions for state and local taxes (SALT). Read the entire article by Karen Lake here. Related Articles September 22, 2023International PKF worldwide tax update: September 2023 September 11, 2023Tax Never too early: Tax moves every business owner should consider right now July 31, 2023Tax Financial Crimes Enforcement Network 2024: Foreign & Domestic Company Requirements tax