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 August 9, 2022Podcast How The Wayfair Decision Changed The Income Tax Landscape For Businesses August 3, 2022International Worldwide Tax Guide July 6, 2022Tax Are You Eligible For Federal & State Fuel Tax Credits? tax