Final IRS Rules Leave States Few Options for Evading the SALT Cap

Final IRS Rules Leave States Few Options for Evading the SALT Cap

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This week, the IRS closed the charitable deduction loophole -- and did so in a way that charities say will have a far-reaching impact.

"Wherever you are in the country or on the political spectrum, there is something to upset everyone in the IRS rule," says the National Council of Nonprofits’ David L. Thompson.

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