https://player.vimeo.com/video/286686228
https://www.currentfederaltaxdevelopments.com/podcasts/2018/8/25/2018-08-27-state-tax-credits-take-a-hit
Taxpayers creating multiple entities to try and avoid double taxation of C corporation income find their plan fails IRS issues SALT workaround regulations and affect both new and pre-existing state tax credit programs Modifications made to automatic accounting method revenue procedure to deal with S corporation revocations under special TCJA rule Guidance provided on applying the rules to compute UBTI separately for each trade or business 2018-08-27 State Tax Credits Take a Hit from Kaplan Accounting CE on
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