Is there any thoughts on whether the SALT limit for tax deduction will ever be reinstated? Two homes in New Jersey - $10,000 maximum deduction doesn't cut it!

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TCJA individual provisions sunset after 2025 (including the SALT limit)

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What are you doing with the 2nd home? Rental income? Put it in a passthrough entity and make a BAIT election.

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I’m an Air Force veteran and a realtor the Atlanta and the nearby areas. I would like to be of assistance in any of your real estate needs. I specialize in VA, investment properties as well as residential and commercial properties. If you need a lender I have a lot of those too. How can I be of assistance?

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What did you do with your RSU’s after it vested? Did you keep it or was it sold and reinvest to another stock/fund/etf?

Oracle India Ye dukh kahe nhi khatam hota 🥺.

Oracle shares going down ....
Oracle

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Hi Experts ..Suffering from financial stress...my 90% commitments will be end by December..but felling so much stress to handle with money

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I’m prepping someone’s tax return who I see everyday on tv. It’s kind of cool being privy to a celebrity’s confidential financial information. 😁 I’ve also prepped a famous athlete and actor last week.

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For any of you real estate investors, what tools or sources did you learn from when getting started. Can’t find a mentor currently so want to find some highly recommended books or videos. If focused on the tri-state area (NY, NJ, Long Island mainly) that would be even better. My hope is to buy and rent out a apartment while also owning a house and house hacking that by renting part of it out. Trying to understand all the steps, traps, and how to find if it’s a good investment.

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Not sure if this is the right place to post this but who do you all use for financial management/financial advisors? My stuff is getting a little complex with some real estate and retirement accounts.

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I'm planning to purchase a home in the next 1-2 years as a first home buyer. My parents are currently refinancing their home and because they are close to retirement and have a smaller income, I'm planning to take out the mortgage under my name (won't be listed as the property owner). Would I still be able to get the benefits of being a first home buyer when that time comes? Or will the mortgage disqualify me? I recognize this isa unique situation, so it's been hard to find a clear answer online

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Question for my 401k focused advisors out there--what programs are you using that is instrumental to your 401k practice that you simply can't do without? I'm being pitched on Envestnet & im not sold.

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Feeling a large wash out on TSLA is coming. Up on the week on leaked Musk email relating to deliveries. That number came in today at a beat. Bought todays puts when stock at 1208. Looking for 1150. Profit taking is coming. Don’t follow as risk is high.

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Celebrate azadi ka amrit mahotsav and reach your financial freedom when India will be celebrating 100 years of independence. 🇮🇳🇮🇳
DM me on 7019194829 for more details!!

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I recently sign a lease. The apartment will put my security deposit into an interest-bearing account and requires me to fill out a form W9. I will join EY this June and just wondering if this is ok in terms of the independence rule. I guess the apartment will put my deposit in some sort of funds. Anyone with EY has experience? Reading the independence brochure, looks like it does not specify something related to this scenario but just wanted to confirm . TIA!

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Has anyone gone to an estate sale in the city?

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I don’t get it: Why would anyone invest, for example, in a 6% dividend yield etf with a 0.50% ER (ie EMHY) instead of a 9% dividend yield etf with a 2.5 ER (ie YYY)? Wouldn’t you still be getting better results with the expensive one?

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Saving for a home. Should I save my money in a CD or savings account?

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Guys ..
When will final settlement take place? What will be the components of it?

Is there a reason to get the luxury SPG amex if I got the new Chase Marriott card like a month ago?

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How much tax will be deducted on 18lpa fixed salary (1746800 in hand after epf deduction)? Even after investing 1.5 lacs in 80c.

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So i forgot to move my 401k over from my old job a few years ago. Never done it since because I didn’t want to incur penalties. Moving job again, can I do it now?

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I applied for a position through a recruiter and made it through the interview rounds with the actual company and received a verbal offer, but haven’t heard back since. Am I able to reach out directly to HR for updates or does all communication have to be filtered through the recruiter?

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Any performace testers in nagarro.. plz dm

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Just wondering if any Junior designers feel the same but I work as the only graphic designer in a small digital marketing agency and lately there isn't any new projects and work coming in at least in my "department". No one is really touching base on anything but I'm still getting paid a salary ($42k/y). I worry that they may just cut me off any time soon since I feel I haven't been contributing as much as I want despite reaching out for any new requests. Thought?

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Hello everyone 👋🏾 I wanted to share a few roles we are hiring for across fund administration and fund onboarding. These roles can be remote within the US (a few states) and Ontario / British Columbia, Canada. If you’re interested and feel that your background aligns, please reach out to me to chat. The detail of roles are in the comments below:

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What will you be drinking during Social Distancing?

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Captured all of the elusive 5 keys from Blade and Bow. Apparently you get a gift from them upon completion but Georgia residents are ineligible to receive it.

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Picked this up today, it's good stuff. It needed to breath a little but after some air, it's a solid 8/10. I'd buy again at $50.

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What is a typical salary for an SVP, 15 years of experience, at a large PR agency in the LA or NYC market?

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What is the average salary for Clinical Research Associate I?

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Hello!
I am an LPN working for a school district.
I am located Northern Illinois. I am currently making about 34,000 yearly. I am wondering what other LPN's working for a school district make in this area or even in Wisconsin.

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When drafting a brief or other submissions for court or arbitration, do you use words such as clearly, erroneously, etc. to emphasize certain points? Our managing partner says that we should, but all of the writing guides for litigators that I've read repeats the mantra "show, don't tell" and explain that most judges dread such words.

I know that the politically correct thing to do here is to do whatever the managing partner wants me to do, but I just wanted to ask for other ppl's opinion.

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How much are dental office managers making these days in NYC?

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Recently relocated IT cloud engineer looking for a new position in the DC area around the December time frame. Is hiring slow for IT in the area this time of the year?

I have a coworker who’s a functional alcoholic. I’ve never dealt with a situation like this before so I don’t even know if it’s my place to say something

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For peeps in Brazil, what is all this UFO stuff that’s making the rounds?

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Does anyone know the Manager and Senior Manager salary bands for Global Mobility Tax in London at Vialto Partners, EY, KPMG & Deloitte? Also would be great to know what the typical sign-on bonus is for these grades. Thanks

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OK, so, right now I make a helluva lot, but I think I wanna make a bloody helluva lot because that seems to be what I should do - and what many of you do, as well. So, I wanna know from you super lotters what threshold I need to reach to fill the dark and empty void and be consumed and enveloped in the warm embrace of self-satisfaction and peace of mind. Please depict this value in terms of a recognizable sum, like avg yrly Swiss household expenditure per capita or Lambos.

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Hi,

Please help me in getting 11 likes to unlock dm.

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Anyone got surprise hike this month??
I got around 10-15 percent hike apart for Yearly Hike.

Additional Posts in SALT - State and Local Tax

Any big four hiring for indirect tax ?

Anyone making career moves out of SALT? Curious to hear where people are going and what career paths people are looking into.

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MTC Proposes Removing Online Sales solicitation from 86-272 protection. Thoughts?

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Oct. 15th is almost here. Hang in there!

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I want to leave tax. But as a salt manager what jobs would I even be qualified for?

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How is leaseholds taxed in Texas for personal property?

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Need some help! Currently live in TX but work as an independent contractor (remote) for a NYC based company - do I still need to pay NY state convenience tax on income or would this only apply as a full-time employee?

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My 2022 w-2 has states tax paid in California. But I was living in Illinois. I have paid more taxes per my w2. Do I need to file state tax for both IL and CA?

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Los Angeles Area comp for 2nd year asset management?

Currently making $85k with a 7.5k signing bonus. Wondering if I’m being underpaid in my role. Ive tried probing my colleagues but no dice.

Why did you choose to work in SALT over other areas of tax?

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Maxed out Roth IRA contributions when I wasn't eligible for 2021 (got a salary bump mid year). Do I need to recharacterize? It's a very small account that's been open for only two years. That's the only IRA account I own. Do I need to open a traditional IRA and roll over 6k + realized gains into that account and keep the Roth IRA. So confused how this works and got conflicting information from Merrill.

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Will states start imposing sales tax on NFTs?

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Hi folks, I had a quick question around remote work. My office is in San Francisco but I worked remotely from NJ for clients on the WC. How should I answer the question, “did you earn income working remotely by providing the services in a different state than the state you originally engaged employment with it”? If it matters, I never set foot in CA.

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Anyone works at KPMG MN office in the SALT practice and can let me know how it is?

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Hi All, how much should I expect to pay for someone to do my taxes for me? (Ball park)
- fbar
- state
- Federal

Also I moved out from MA in February so not sure if I'd also still need to file in MA?

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Anyone looking for a senior SALT position , would be in our south florida practice. West Palm Beach, Fort Lauderdale or Miami office

Why is it when I owe money to a state from my annual tax filings, if I don’t pay the full amount I get charged interest. But when they owe me, they ask for additional documentation and won’t pay me interest for them stonewalling me. Not much volatility y/y in earnings.

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Hey Team

I'm on a H1B so I am supposed to pay Medicare and SS taxes, but my employer has not withheld anything- my hnr block advisor caught that but she just completed my returns assuming I don't have to pay those taxes

What is the right protocol in this case? Do I owe SS and fica taxes?

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Hey Salt peeps. I’m curious what kinds of practices you specialize in and how long you’ve been doing it? Would you specialize in something different in tax if you could turn back the clock?

helpfullike

I am on H1-B visa, open to relocate and looking for State & Local Tax (Income/Franchise) Experienced Senior/Manager opportunity. Which companies are currently hiring visa candidates? Appreciate the responses, thank you!

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