How can L&B do what is right by our employees, our clients, and our society? This is the question we asked ourselves as we embarked on our strategic initiative on diversity, equity, inclusion and belonging in January of 2022. Like… Read More
We are writing to update you on the California Passthrough Entity Tax election, commonly referred to as the “AB 150” election. This is an update to our July 23rd eblast. Background Federal tax reform in 2017 established a limit, or “SALT cap,”… Read More
The House Ways and Means Committee has introduced the tax proposal connected to the budget reconciliation bill, the Build Back Better Act. While we are still digging through the almost 900 pages of legislation, here are some highlights of what is… Read More
By Neil McCarthy, CPA – Tax Manager at Lindsay & Brownell Background on the SALT Workaround Federal tax reform in 2017 established a limit, or “SALT cap,” on the amount of state and local taxes that could be deducted by… Read More
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