The state and local tax deduction for pass-through entities is under attack!
Help save Kansas businesses from unfair tax hikes.
A proposed provision in the new “One Big Beautiful Bill Act (OBBBA)” currently being debated in Congress has a provision that would unfairly increase taxes for local accountants, pharmacists, dentists, doctors and others – but retain deductions for large corporations. This proposed provision would eliminate state and local taxes (SALT) for pass-through entities (PTEs). The majority of American businesses are structured as PTEs, the bill will have massive implications for the Kansas economy and regional businesses that are PTEs.
Please call or email your senators by June 13th and urge them to preserve the existing PTET SALT deductions for all businesses.
Senator Marshall https://www.marshall.senate.gov/contact/
Senator Moran https://www.moran.senate.gov/public/index.cfm/contact-info
The Kansas Society of CPAs has provided this sample email you can send to your Senators:
I urge you to oppose provisions included in the reconciliation legislation that unfairly targets the ability of service businesses structured as pass-through entities to deduct their state and local taxes (SALT) from their federal tax liability while providing no such limit to other businesses. This legislation effectively discriminates against particular pass-through businesses by indirectly raising taxes on those entities that are considered the backbone of the American economy. These provisions greatly widen the disparity in treatment between pass-through entities and other kinds of businesses, and I strongly urge you to oppose the specific provision of the bill pertaining to the PTET SALT deduction.