The Tax Cuts and Jobs Act increased the standard deduction amount. However, it also limited itemized deductions for state and local taxes (SALT) on the federal income tax return. Read on to learn what works (and what doesn’t work) to maneuver around the $10,000 SALT limitation.
SALT Deduction Limit…Can You Get Around It?
Estate Planning Attorney at Wilcox Attorneys, PA
Audra Bailey Wilcox is the owner and lead attorney at Wilcox Attorneys, P.A. The firm’s areas of practice include estate planning, long-term care Medicaid planning, business/farm succession planning, probate, wills, trusts, and estate planning. Audra began practicing law in 1998 after she received her Bachelor of Arts Degree in Political Science and her Juris Doctor from the University of Arkansas...
Learn more about Audra here
Learn more about Audra here
Latest posts by Audra Wilcox (see all)
- 7 Essential Steps in the Fayetteville Estate Planning Process - October 14, 2026
- Understanding the Relationship Between a Will and a Trust in My Arkansas Estate Plan - September 30, 2026
- Should I Appoint Co-Trustees to Administer My Arkansas Trust? - September 16, 2026