{"id":991,"date":"2024-11-25T17:09:13","date_gmt":"2024-11-25T22:09:13","guid":{"rendered":"https:\/\/www.mgocpa.com\/?page_id=991"},"modified":"2024-11-26T17:36:20","modified_gmt":"2024-11-26T22:36:20","slug":"state-and-local-taxes-self-assessment","status":"publish","type":"page","link":"https:\/\/www.mgocpa.com\/state-and-local-taxes-self-assessment\/","title":{"rendered":"State and Local Taxes Self-Assessment"},"content":{"rendered":"\n<div class=\"wp-block-group alignwide has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" id=\"impact\" style=\"padding-top:var(--wp--preset--spacing--lg);padding-bottom:var(--wp--preset--spacing--lg)\">\n<div class=\"wp-block-columns alignwide are-vertically-aligned-center is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<figure class=\"wp-block-image size-full\"><picture><source srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/salt-lp-image.webp 832w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/salt-lp-image-269x239.webp 269w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/salt-lp-image-768x683.webp 768w\" sizes=\"auto, (max-width: 832px) 100vw, 832px\" type=\"image\/webp\"><img src=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/salt-lp-image.webp\" height=\"740\" width=\"832\" srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/salt-lp-image.webp 832w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/salt-lp-image-269x239.webp 269w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/salt-lp-image-768x683.webp 768w\" sizes=\"auto, (max-width: 832px) 100vw, 832px\" class=\"wp-image-992 sp-no-webp\" alt=\"\" loading=\"lazy\" decoding=\"async\" style=\"aspect-ratio:1;object-fit:cover\"  > <\/picture><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<h2 class=\"wp-block-heading\">Discover your SALT tax-saving potential<\/h2>\n\n\n\n<p>Understanding the complexities of\u00a0<a href=\"\/solution-industry\/state-and-local-tax\/\" target=\"_blank\" rel=\"noreferrer noopener\">state and local taxes (SALT)<\/a>\u00a0can be daunting \u2014 yet mastering them can significantly benefit your business.\u00a0\u00a0<\/p>\n\n\n\n<p>By answering a few simple questions, you will gain insights into whether your company can capitalize on opportunities to limit your tax burden and deduct major expenses.&nbsp;<\/p>\n\n\n\n<p><strong>Take the self-assessment below to see your results!&nbsp;<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\"><div data-tf-live=\"01HRSYDHCFY1YXVZP4FCRZKY61\"><\/div>\n<p><script src=\"\/\/embed.typeform.com\/next\/embed.js\"><\/script><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignwide has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" id=\"perspectives\" style=\"padding-top:var(--wp--preset--spacing--lg);padding-bottom:var(--wp--preset--spacing--lg)\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-3a48b2f0 wp-block-columns-is-layout-flex\" style=\"margin-bottom:var(--wp--preset--spacing--md)\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:70%\">\n<h2 class=\"wp-block-heading\">Our perspective, your benefit<\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\n<div class=\"wp-block-buttons is-content-justification-right is-layout-flex wp-container-core-buttons-is-layout-d445cf74 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\">See all Perspectives<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"container-xxl alignwide\">\n\t<div class=\"perspectives-slider-wrap position-relative row\">\n\t\t<div class=\"col-12\">\n\t\t\t<div class=\"perspectives-slider swiper\">\n\t\t\t\t<div class=\"swiper-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t<article class=\"perspective-card position-relative d-flex flex-column\">\n\t\t\t\t\t\t\t\t<h3 class=\"perspective-title order-3\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.mgocpa.com\/perspective\/throwback-rules-state-tax-manufacturing\/\" class=\"stretched-link text-white\">\n\t\t\t\t\t\t\t\t\t\tHow Tariff Changes Could Affect Your State Tax Profile\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/h3>\n\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"perspective-topic order-2 text-uppercase\">Manufacturing<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"perspective-image order-1\">\n\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000834_Sales-tax-tarrif_article_header-416x234.webp 416w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000834_Sales-tax-tarrif_article_header-412x232.webp 412w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000834_Sales-tax-tarrif_article_header-1024x576.webp 1024w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000834_Sales-tax-tarrif_article_header-768x432.webp 768w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000834_Sales-tax-tarrif_article_header-1536x864.webp 1536w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000834_Sales-tax-tarrif_article_header.webp 1920w\" sizes=\"auto, (max-width: 416px) 100vw, 416px\" type=\"image\/webp\"><img src=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000834_Sales-tax-tarrif_article_header-416x234.jpg\" height=\"234\" width=\"416\" srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000834_Sales-tax-tarrif_article_header-416x234.jpg 416w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000834_Sales-tax-tarrif_article_header-412x232.jpg 412w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000834_Sales-tax-tarrif_article_header-1024x576.jpg 1024w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000834_Sales-tax-tarrif_article_header-768x432.jpg 768w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000834_Sales-tax-tarrif_article_header-1536x864.jpg 1536w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000834_Sales-tax-tarrif_article_header.jpg 1920w\" sizes=\"auto, (max-width: 416px) 100vw, 416px\" class=\"img-fluid sp-no-webp\" alt=\"Manufacturing shipping containers surrounding compass\" loading=\"lazy\" fetchpriority=\"low\" decoding=\"async\"  > <\/picture>\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t<article class=\"perspective-card position-relative d-flex flex-column\">\n\t\t\t\t\t\t\t\t<h3 class=\"perspective-title order-3\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.mgocpa.com\/perspective\/section-174-research-and-development-frequently-asked-questions\/\" class=\"stretched-link text-white\">\n\t\t\t\t\t\t\t\t\t\tAnswers to Your FAQs About Section 174 R&amp;D Expensing\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/h3>\n\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"perspective-topic order-2 text-uppercase\">IRS<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"perspective-image order-1\">\n\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/header-image_MKT000991_Section-174-FAQ-416x234.webp \"  type=\"image\/webp\"><img src=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/header-image_MKT000991_Section-174-FAQ-416x234.jpg\" height=\"234\" width=\"416\" class=\"img-fluid sp-no-webp\" alt=\"Lab where research and development is taking place\" loading=\"lazy\" fetchpriority=\"low\" decoding=\"async\"  > <\/picture>\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t<article class=\"perspective-card position-relative d-flex flex-column\">\n\t\t\t\t\t\t\t\t<h3 class=\"perspective-title order-3\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.mgocpa.com\/perspective\/future-public-law-86-272-in-digital-age\/\" class=\"stretched-link text-white\">\n\t\t\t\t\t\t\t\t\t\tThe Future of Public Law 86-272 in the Digital Age\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/h3>\n\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"perspective-topic order-2 text-uppercase\">Digital Assets<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"perspective-image order-1\">\n\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000894_SALT-article_PL-86-272_header-416x234.webp 416w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000894_SALT-article_PL-86-272_header-412x232.webp 412w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000894_SALT-article_PL-86-272_header-1024x576.webp 1024w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000894_SALT-article_PL-86-272_header-768x432.webp 768w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000894_SALT-article_PL-86-272_header-1536x864.webp 1536w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000894_SALT-article_PL-86-272_header-2048x1152.webp 2048w\" sizes=\"auto, (max-width: 416px) 100vw, 416px\" type=\"image\/webp\"><img src=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000894_SALT-article_PL-86-272_header-416x234.jpg\" height=\"234\" width=\"416\" srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000894_SALT-article_PL-86-272_header-416x234.jpg 416w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000894_SALT-article_PL-86-272_header-412x232.jpg 412w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000894_SALT-article_PL-86-272_header-1024x576.jpg 1024w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000894_SALT-article_PL-86-272_header-768x432.jpg 768w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000894_SALT-article_PL-86-272_header-1536x864.jpg 1536w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/09\/MKT000894_SALT-article_PL-86-272_header-2048x1152.jpg 2048w\" sizes=\"auto, (max-width: 416px) 100vw, 416px\" class=\"img-fluid sp-no-webp\" alt=\"\" loading=\"lazy\" fetchpriority=\"low\" decoding=\"async\"  > <\/picture>\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t<article class=\"perspective-card position-relative d-flex flex-column\">\n\t\t\t\t\t\t\t\t<h3 class=\"perspective-title order-3\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.mgocpa.com\/perspective\/salt-cap-ptet-tax-strategy-2025\/\" class=\"stretched-link text-white\">\n\t\t\t\t\t\t\t\t\t\tHow to Manage Deductions Under the New $40,000 SALT Cap and PTET Rules\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/h3>\n\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"perspective-topic order-2 text-uppercase\">State and Local Tax<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"perspective-image order-1\">\n\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000990_MKT000990_BBB-article_New-40K-SALT-Cap-and-PTET-Rules_header-416x234.webp 416w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000990_MKT000990_BBB-article_New-40K-SALT-Cap-and-PTET-Rules_header-412x232.webp 412w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000990_MKT000990_BBB-article_New-40K-SALT-Cap-and-PTET-Rules_header-1024x576.webp 1024w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000990_MKT000990_BBB-article_New-40K-SALT-Cap-and-PTET-Rules_header-768x432.webp 768w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000990_MKT000990_BBB-article_New-40K-SALT-Cap-and-PTET-Rules_header-1536x864.webp 1536w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000990_MKT000990_BBB-article_New-40K-SALT-Cap-and-PTET-Rules_header-2048x1152.webp 2048w\" sizes=\"auto, (max-width: 416px) 100vw, 416px\" type=\"image\/webp\"><img src=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000990_MKT000990_BBB-article_New-40K-SALT-Cap-and-PTET-Rules_header-416x234.webp\" height=\"234\" width=\"416\" srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000990_MKT000990_BBB-article_New-40K-SALT-Cap-and-PTET-Rules_header-416x234.webp 416w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000990_MKT000990_BBB-article_New-40K-SALT-Cap-and-PTET-Rules_header-412x232.webp 412w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000990_MKT000990_BBB-article_New-40K-SALT-Cap-and-PTET-Rules_header-1024x576.webp 1024w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000990_MKT000990_BBB-article_New-40K-SALT-Cap-and-PTET-Rules_header-768x432.webp 768w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000990_MKT000990_BBB-article_New-40K-SALT-Cap-and-PTET-Rules_header-1536x864.webp 1536w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000990_MKT000990_BBB-article_New-40K-SALT-Cap-and-PTET-Rules_header-2048x1152.webp 2048w\" sizes=\"auto, (max-width: 416px) 100vw, 416px\" class=\"img-fluid sp-no-webp\" alt=\"Aerial view at sunset of Manhattan below 30th Street (along 5th Avenue)\" loading=\"lazy\" fetchpriority=\"low\" decoding=\"async\"  > <\/picture>\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t<article class=\"perspective-card position-relative d-flex flex-column\">\n\t\t\t\t\t\t\t\t<h3 class=\"perspective-title order-3\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.mgocpa.com\/perspective\/cannabis-hemp-contract-manufacturing-tax-accounting-considerations\/\" class=\"stretched-link text-white\">\n\t\t\t\t\t\t\t\t\t\t4 Critical Tax and Accounting Considerations for Cannabis and Hemp Contract Manufacturing Arrangements\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/h3>\n\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"perspective-topic order-2 text-uppercase\">Accounting<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"perspective-image order-1\">\n\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000919_Accounting-and-Tax-Considerations-for-Contract-Manufacturing-in-the-Cannabis-Industry_header-416x234.webp 416w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000919_Accounting-and-Tax-Considerations-for-Contract-Manufacturing-in-the-Cannabis-Industry_header-412x232.webp 412w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000919_Accounting-and-Tax-Considerations-for-Contract-Manufacturing-in-the-Cannabis-Industry_header-1024x576.webp 1024w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000919_Accounting-and-Tax-Considerations-for-Contract-Manufacturing-in-the-Cannabis-Industry_header-768x432.webp 768w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000919_Accounting-and-Tax-Considerations-for-Contract-Manufacturing-in-the-Cannabis-Industry_header-1536x864.webp 1536w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000919_Accounting-and-Tax-Considerations-for-Contract-Manufacturing-in-the-Cannabis-Industry_header-2048x1152.webp 2048w\" sizes=\"auto, (max-width: 416px) 100vw, 416px\" type=\"image\/webp\"><img src=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000919_Accounting-and-Tax-Considerations-for-Contract-Manufacturing-in-the-Cannabis-Industry_header-416x234.webp\" height=\"234\" width=\"416\" srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000919_Accounting-and-Tax-Considerations-for-Contract-Manufacturing-in-the-Cannabis-Industry_header-416x234.webp 416w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000919_Accounting-and-Tax-Considerations-for-Contract-Manufacturing-in-the-Cannabis-Industry_header-412x232.webp 412w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000919_Accounting-and-Tax-Considerations-for-Contract-Manufacturing-in-the-Cannabis-Industry_header-1024x576.webp 1024w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000919_Accounting-and-Tax-Considerations-for-Contract-Manufacturing-in-the-Cannabis-Industry_header-768x432.webp 768w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000919_Accounting-and-Tax-Considerations-for-Contract-Manufacturing-in-the-Cannabis-Industry_header-1536x864.webp 1536w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000919_Accounting-and-Tax-Considerations-for-Contract-Manufacturing-in-the-Cannabis-Industry_header-2048x1152.webp 2048w\" sizes=\"auto, (max-width: 416px) 100vw, 416px\" class=\"img-fluid sp-no-webp\" alt=\"Modern and transparent greenhouse on the outside\" loading=\"lazy\" fetchpriority=\"low\" decoding=\"async\"  > <\/picture>\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t<article class=\"perspective-card position-relative d-flex flex-column\">\n\t\t\t\t\t\t\t\t<h3 class=\"perspective-title order-3\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.mgocpa.com\/perspective\/new-tax-law-provisions-affecting-real-estate-industry\/\" class=\"stretched-link text-white\">\n\t\t\t\t\t\t\t\t\t\tNew Tax Law Includes Numerous Provisions Affecting Real Estate Industry\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/h3>\n\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"perspective-topic order-2 text-uppercase\">Bonus Depreciation<\/span>\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"perspective-image order-1\">\n\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000909_BDO-Byline_New-Tax-Law-RE-Industry-416x234.webp 416w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000909_BDO-Byline_New-Tax-Law-RE-Industry-412x232.webp 412w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000909_BDO-Byline_New-Tax-Law-RE-Industry-1024x576.webp 1024w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000909_BDO-Byline_New-Tax-Law-RE-Industry-768x432.webp 768w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000909_BDO-Byline_New-Tax-Law-RE-Industry-1536x864.webp 1536w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000909_BDO-Byline_New-Tax-Law-RE-Industry-2048x1152.webp 2048w\" sizes=\"auto, (max-width: 416px) 100vw, 416px\" type=\"image\/webp\"><img src=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000909_BDO-Byline_New-Tax-Law-RE-Industry-416x234.webp\" height=\"234\" width=\"416\" srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000909_BDO-Byline_New-Tax-Law-RE-Industry-416x234.webp 416w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000909_BDO-Byline_New-Tax-Law-RE-Industry-412x232.webp 412w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000909_BDO-Byline_New-Tax-Law-RE-Industry-1024x576.webp 1024w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000909_BDO-Byline_New-Tax-Law-RE-Industry-768x432.webp 768w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000909_BDO-Byline_New-Tax-Law-RE-Industry-1536x864.webp 1536w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2025\/08\/MKT000909_BDO-Byline_New-Tax-Law-RE-Industry-2048x1152.webp 2048w\" sizes=\"auto, (max-width: 416px) 100vw, 416px\" class=\"img-fluid sp-no-webp\" alt=\"Second level view of the large urban shopping center in downtown area\" loading=\"lazy\" fetchpriority=\"low\" decoding=\"async\"  > <\/picture>\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\n\t\t\t<div class=\"perspectives-swiper-controls d-flex flex-row flex-nowrap align-items-center justify-content-center\">\n\t\t\t\t<div class=\"swiper-button-prev perspectives-swiper-button-prev mt-0 order-1\"><\/div>\n\t\t\t\t<div class=\"swiper-button-next perspectives-swiper-button-next mt-0 order-3 \"><\/div>\n\t\t\t\t<div class=\"swiper-pagination perspectives-swiper-pagination position-static order-2 d-xl-none\"><\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group alignwide has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" id=\"people\" style=\"padding-top:var(--wp--preset--spacing--lg);padding-bottom:var(--wp--preset--spacing--lg)\">\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-3a48b2f0 wp-block-columns-is-layout-flex\" style=\"margin-bottom:var(--wp--preset--spacing--md)\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<h2 class=\"wp-block-heading\">Tax Leaders Ready to Serve You<\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:50%\">\n<p>As you grow, you face complex risks and opportunities. Benefit from hands-on guidance focused on delivering top-to-bottom value for you and your organization.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"container-xxl alignwide\">\n\t<div class=\"people-slider-wrap position-relative row\">\n\t\t<div class=\"col-12\">\n\t\t\t<div class=\"people-slider swiper\">\n\t\t\t\t<div class=\"swiper-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t<article class=\"person-card position-relative swiper-slide\">\n\t\t\t\t\t\t\t<header>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<figure>\n\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/MGOCPA-Silvio-Michael-836x1045.webp 836w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/MGOCPA-Silvio-Michael-191x239.webp 191w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/MGOCPA-Silvio-Michael-768x960.webp 768w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/MGOCPA-Silvio-Michael-819x1024.webp 819w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/MGOCPA-Silvio-Michael-1228x1536.webp 1228w,https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/MGOCPA-Silvio-Michael.webp 1282w\" sizes=\"auto, (max-width: 836px) 100vw, 836px\" type=\"image\/webp\"><img src=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/MGOCPA-Silvio-Michael-836x1045.webp\" height=\"1045\" width=\"836\" srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/MGOCPA-Silvio-Michael-836x1045.webp 836w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/MGOCPA-Silvio-Michael-191x239.webp 191w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/MGOCPA-Silvio-Michael-768x960.webp 768w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/MGOCPA-Silvio-Michael-819x1024.webp 819w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/MGOCPA-Silvio-Michael-1228x1536.webp 1228w, https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/MGOCPA-Silvio-Michael.webp 1282w\" sizes=\"auto, (max-width: 836px) 100vw, 836px\" class=\"sp-no-webp img-fluid wp-post-image sp-no-webp\" alt=\"Photo of Michael Silvio, CPA\" loading=\"lazy\" fetchpriority=\"low\" decoding=\"async\"  > <\/picture>\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<h3>\n\t\t\t\t\t\t\t\t\tMichael Silvio, CPA\t\t\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"person-job-title\">Tax Partner<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/header>\n\n\t\t\t\t\t\t\t<div class=\"d-flex flex-row flex-wrap justify-content-between align-items-center\">\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.mgocpa.com\/people\/michael-silvio\/\" class=\"person-read-bio-link stretched-link\">\n\t\t\t\t\t\t\t\t\tRead bio\n\t\t\t\t\t\t\t\t\t<span class=\"visually-hidden-focusable\">\n\t\t\t\t\t\t\t\t\t\tRead Michael Silvio, CPA&#8217;s bio\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.linkedin.com\/in\/michaelsilviocpa\/\" class=\"person-linkedin iconfont-mgo icon-linkedin position-relative z-2\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"Visit Michael Silvio, CPA's LinkedIn profile\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"visually-hidden-focusable\">\n\t\t\t\t\t\t\t\t\t\t\tVisit Michael Silvio, CPA&#8217;s LinkedIn profile\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t<article class=\"person-card position-relative swiper-slide\">\n\t\t\t\t\t\t\t<header>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<figure>\n\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/Bradley-Danielle_web-Jan-2025-836x1045.webp \"  type=\"image\/webp\"><img src=\"https:\/\/www.mgocpa.com\/wp-content\/uploads\/2024\/11\/Bradley-Danielle_web-Jan-2025-836x1045.png\" height=\"1045\" width=\"836\" class=\"sp-no-webp img-fluid wp-post-image sp-no-webp\" alt=\"Photo of Danielle Bradley, MBA\" loading=\"lazy\" fetchpriority=\"low\" decoding=\"async\"  > <\/picture>\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t<h3>\n\t\t\t\t\t\t\t\t\tDanielle Bradley, MBA\t\t\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"person-job-title\">National Credits and Incentives Leader | Director and National Biotech &amp; Lifesciences Industry Leader<\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/header>\n\n\t\t\t\t\t\t\t<div class=\"d-flex flex-row flex-wrap justify-content-between align-items-center\">\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.mgocpa.com\/people\/danielle-bradley-mba\/\" class=\"person-read-bio-link stretched-link\">\n\t\t\t\t\t\t\t\t\tRead bio\n\t\t\t\t\t\t\t\t\t<span class=\"visually-hidden-focusable\">\n\t\t\t\t\t\t\t\t\t\tRead Danielle Bradley, MBA&#8217;s bio\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.linkedin.com\/in\/bradleydanielle\/\" class=\"person-linkedin iconfont-mgo icon-linkedin position-relative z-2\" target=\"_blank\" rel=\"noopener noreferrer\" title=\"Visit Danielle Bradley, MBA's LinkedIn profile\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"visually-hidden-focusable\">\n\t\t\t\t\t\t\t\t\t\t\tVisit Danielle Bradley, MBA&#8217;s LinkedIn profile\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"people-swiper-controls d-flex flex-row flex-nowrap align-items-center justify-content-center\">\n\t\t\t\t<div class=\"swiper-button-prev people-swiper-button-prev mt-0 order-1\"><\/div>\n\t\t\t\t<div class=\"swiper-button-next people-swiper-button-next mt-0 order-3 \"><\/div>\n\t\t\t\t<div class=\"swiper-pagination people-swiper-pagination position-static order-2 d-xl-none\"><\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Discover your SALT tax-saving potential Understanding the complexities of\u00a0state and local taxes (SALT)\u00a0can be daunting \u2014 yet mastering them can significantly benefit your business.\u00a0\u00a0 By answering a few simple questions, you will gain insights into whether your company can capitalize on opportunities to limit your tax burden and deduct major expenses.&nbsp; Take the self-assessment below [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-991","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>State and Local Taxes Self-Assessment - MGO CPA | Tax, Audit, and Consulting Services<\/title>\n<meta name=\"description\" content=\"Your company could capitalize on opportunities that reduce tax burden and deduct major expenses. 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