New Tax Limitation on State and Local Deductions for Individuals

February 28, 2018

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 deductions for state and local (and certain foreign)…

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Donald Trump at the World Economic Forum

January 31, 2018

In January, President Donald Trump visited Davos, Switzerland,and gave a pro-growth, pro-America message at the World Economic Forum where he met with the heads of some of the biggest multinational companies in the world. The business leaders represent some of the largest companies in Europe across multiple sectors of the economy, from financial services and telecommunications to sportswear, including a few German…

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