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You are here: Home / AREA NEWS / The White Plains Examiner / NYS Passes Legislation to Thwart Negative Impact of New Federal Tax Law NYS Passes Legislation to Thwart Negative Impact of New Federal Tax Law New York is the first state in the country to pass legislation that will help residents who have been disadvantaged by the new federal tax law that essentially raises state and local taxes (SALT) by imposing a $10,000 cap on federal deductions for both state income and local property taxes. The updates to the New York State Tax Law can save New

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