PTET Elections: Don’t Let Them “Pass” By Unnoticed in M&A Transactions
The potential complexities surrounding pass-through entity tax elections might make you cry, but the potential tax benefits won’t make you blue. Our Federal Tax Group examines how PTET elections have become an important planning tool in acquisitions.
PTET election considerations in common acquisition structures
Limited federal guidance relating to the SALT cap
State-specific deadlines and interpretations introduce potential complexities
Read the full advisory here. [...]Read more