Manage "Critical Tax Decision: The PTE Tax Election & Your Business"

In 2022, more states have enacted rules governing pass-through entity (PTE) taxes, which allow businesses to deduct state income taxes on behalf of their individual owners. These rules can be beneficial since state tax deductions are subject to a $10,000 limitation for individual owners through 2025.

PTE tax rules can be complex in terms of how, when and if businesses should apply them. In this webinar, you will learn:

• What the PTE tax election is and how rules differ state by state.
• The pros and cons of taking the PTE tax election based on your business’s unique circumstances.
• How Aprio can help you make the decision that’s right for your individual tax situation and goals