138 \\ SALT Deduction Workaround: How Business Owners Can Use Pass-Through Entity Taxes to Save Big

The Tax Cuts and Jobs Act capped state and local tax (SALT) deductions at $10,000, hurting many business owners in high-tax states. But there’s a workaround most don’t know about. In this episode, learn how pass-through entity (PTE) taxes can let you deduct state income taxes at the business level instead of on your personal return, bypassing the SALT cap. We’ll cover which states allow this election, how it works, why your business structure matters, and other strategies you can use to maximize deductions if you’re not eligible. Tax planning is not one-and-done—it’s about staying ahead of changing laws. This episode will help you see if the PTE tax election or other tax strategies can reduce your state and federal taxes.

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