DGN offers clients depth of expertise, breadth of services, personalized attention

Michigan Flow-Through Entity Tax: The State and Local Tax Workaround

Recent legislation from the State of Michigan could result in significant federal tax savings for the owners of flow-through entities that are otherwise limited in their ability to claim itemized deductions for state and local taxes (SALT).

DGN Partner Jonathan P. Benjamin reported details on this new flow-through entity tax that will save Michigan taxpayers approximately $200 million a year in federal taxes.

Click to read the full Traverse City Business News column.