Bay Area business owners lose thousands to the SALT deduction cap, but pass-through entity elections and strategic tax planning can recover $20,000-$40,000 annually in federal savings. To learn more, visit: https://www.vikprocpa.com/
VIk Randhawa, CPA City: Newark Address: 35111 Newark Boulevard Website: https://www.vikprocpa.com/ Phone: +1 510 258 4495 Email: Info@vikprocpa.comTag Cloud
California SALT Cap Tax Planning Bay Area CPA
Strategies To Save $40K A Year
You paid $60,000 in California state taxes but can only
deduct $10,000 on your federal return.
The other $50,000? It vanishes.
No federal benefit. No write-off.
Just gone. That's the SALT cap,
and it's been draining Bay Area
businesses since 2018.
For high-earning California professionals, this cap costs $15,000 to $40,000 yearly.
But there's a legal workaround: the Pass-Through
Entity election. Your S-corp or partnership pays
state tax at the entity level, making the full amount
federally deductible.
No more $10,000 limit. No more wasted deductions.
Just straightforward tax savings that put money back
into your business where it belongs.
Vik Randhawa, CPA helps Bay Area business owners file PTE elections, calculate savings, and handle
deadlines with flat-fee pricing. Real expertise, clear communication.
https://www.vikprocpa.com/
Stop leaving money on the table. Visit: https://www.vikprocpa.com/
Strategies To Save $40K A Year
You paid $60,000 in California state taxes but can only
deduct $10,000 on your federal return.
The other $50,000? It vanishes.
No federal benefit. No write-off.
Just gone. That's the SALT cap,
and it's been draining Bay Area
businesses since 2018.
For high-earning California professionals, this cap costs $15,000 to $40,000 yearly.
But there's a legal workaround: the Pass-Through
Entity election. Your S-corp or partnership pays
state tax at the entity level, making the full amount
federally deductible.
No more $10,000 limit. No more wasted deductions.
Just straightforward tax savings that put money back
into your business where it belongs.
Vik Randhawa, CPA helps Bay Area business owners file PTE elections, calculate savings, and handle
deadlines with flat-fee pricing. Real expertise, clear communication.
https://www.vikprocpa.com/
Stop leaving money on the table. Visit: https://www.vikprocpa.com/