Did you know 36 states have enacted PTE tax laws to enable owners of partnerships and s corporations to avoid the $10,000 annual limit on the deductibility of state taxes? | Taft Tax Insights Update:www.irs.gov/newsroom/treasury-irs-propose-regulations-implementing-disallowance-of-deductions-for-certain-conservation-easement-contributions-by-partnerships-s-corporations£https://www.federalregister.gov/documents/2023/11/20/2023-25423/statutory-disallowance-of-deductions-for-certain-qualified-conservation-contributions-made-bywww.dentons.com/en/insights/articles/2023/december/28/2023s-biggest-state-tax-issueswww.tafttaxinsights.com/2024/05/did-you-know-that-state-tax-pte-election-may-offset-the-additional-tax-on-an-s-corporation-asset-sale-vs-a-stock-sale/#page=1 0