2024 year-end tax planning: State and local tax update

As part of Baker Tilly’s Tax Trends: Year-end tax planning series, our state and local tax (SALT) update highlighted important considerations for year-end planning and provided an overview of recent state tax legislative updates to guide taxpayers as they navigate recent state tax changes for year-end planning purposes and beyond.

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The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments.