The state income tax isn't deductible, so New York is turning it into something that is.
California and New Jersey are exploring the use of charitable contributions to offset taxes.
Many people spend many dollars trying to get out of their tax bills by finding loopholes and workarounds. Well, it’s very likely that states are going to be doing the same thing in a year or two. The intent is to lower the burden on their own residents who can no longer deduct as many […]