Congress capped the itemized deduction for state and local taxes (including property and income taxes) at $10,000 as part of the 2017 tax law change. While some tax savvy practice owners have easily dodged the $10,000 cap through proper planning, many have not yet done so, losing
thousands of dollars in legitimate deductions.

The $10,000 state and local tax (SALT) limits the federal income tax itemized deduction that you receive for state and local income taxes paid. However, practice owners and those owning other small businesses and real estate can use workarounds allowed by more than three dozen states to avoid paying unnecessary federal income taxes.