Posts Tagged new tax limitation

New Tax Limitation on State and Local Deductions for Individuals

The start of 2018 brings plenty of new changes to the U.S. tax code for individuals and businesses.  One such change involves new limitations on state and local tax deductions for individuals. Beginning in 2018, the Tax Cuts and Jobs Act (“FCJA”) now generally limits an individual’s ability to claim federal itemized

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BridgehouseLaw LLP is an international, commercial law firm. We mainly advise clients in international transactions, in particular in commercial and corporate law, real estate law as well as in investment and tax law. In addition, our lawyers assist clients in transnational litigation and advise on immigration and citizenship law.

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