The Standard Deduction

Adding a Pinch of SALT to the Holiday Season


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Don’t worry, they’re not doing a cooking podcast. In this episode, Tax Directors Candace Varner and Ben Hake discuss a different kind of SALT – State and Local Tax. The SALT deduction was capped at $10,000 in 2018, and many high-tax states have since introduced their own workarounds. Recently, the Build Back Better Act proposed a significant increase to the deduction, but taxpayers who can’t take advantage of it this year may be left feeling salty.
Wishing happy holidays (including Festivus) to all our listeners!
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The Standard DeductionBy Candace Varner, Ben Hake, Peter Mallouk

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