One Big Beautiful Bill Act offers practices new expansion opportunities
Physician's Practice
JULY 10, 2025
One of the more controversial and complicated provisions in OBBBA is the new state and local tax (SALT) deduction caps. Jim Chinn, CPA is the leader of Keiter’s Healthcare and Medical Practices team. When the 2017 Tax Cuts & Jobs Act was passed, SALT deductions were capped at $10,000 for individual taxpayers.
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