Save money on federal taxes with PTET?

This video breaks down Pass-Through Entity Tax (PTET), a tax option for S-Corporations and partnerships that can HELP YOU SAVE on your federal taxes, bypassing the SALT cap.

Here's what you'll learn:

- What is PTET?
- How does it work? 🪄
- Who qualifies? ‍♀️‍♂️
- How to make the election (it varies by state!) ️
- States with PTET (as of late summer 2023) 🇺🇸
- Important considerations before choosing PTET ⚠️

Remember, consult a CPA for specific tax advice!

#PTET #TaxTips #Scorp #Partnership #SaveMoneyOnTaxes

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