Prior to our Facebook Live program last week, two questions were asked on our Facebook page regarding Section 199A changes. We thought we would provide our guest and upcoming seminar speaker Dennis Ponton’s answers over here on our blog. Take a look at the Q&A below: Q: Can you please clarify what assets are included … Read more
Maryland SALT Cap
For an update about the state tax cap in federal returns and what to do for Maryland returns, check out the information compiled below: Directly from the MarylandTaxes.com website, here are instructions for FORM 502 — itemized deduction calculation: “Copy the amount from federal Form 1040, Schedule A, line 17, Total Itemized Deductions, on line … Read more