State PTE Tax Update Webinar

To equip CPAs and tax professionals with a practical understanding of state PTE tax elections—including current rules, recent updates, and the effects of upcoming SALT and OBBBA changes—so they can evaluate eligibility, optimize planning, and maintain compliance across state lines.

SPEAKERS:

Mary Jo Dolson, State & Local Tax Managing Director, CBIZ

Elil Shunmugavel Arasu, State & Local Tax Principal, BDO USA, PC

• Overview of state PTE elections and what makes a good candidate
• 2025 sunsetting of the SALT CAP and the impact of the OBBBA
• Recent PTE election updates
• State compliance considerations

Mary Jo Dolson, State & Local Tax Managing Director, CBIZ

Elil Shunmugavel Arasu, State & Local Tax Principal, BDO USA, PC

To equip CPAs and tax professionals with a practical understanding of state PTE tax elections—including current rules, recent updates, and the effects of upcoming SALT and OBBBA changes—so they can evaluate eligibility, optimize planning, and maintain compliance across state lines.

SPEAKERS:

Mary Jo Dolson, State & Local Tax Managing Director, CBIZ

Elil Shunmugavel Arasu, State & Local Tax Principal, BDO USA, PC

DETAILED LEARNING OBJECTIVES

• Understand the purpose of state PTET regimes and how they restore federal deductibility at the entity level

• Describe how IRS Notice 2020-75 permits entity-level deductions for state income taxes paid under PTET elections

• Identify the typical timing and procedural requirements for making a PTET election

• Recognize how states provide owner-level relief through credits to prevent double taxation

• Explain the multistate complexities created by varying apportionment rules, eligibility criteria, and credit structures

• Understand which owners or income types are included or excluded under different state PTET regimes

• Identify that PTET elections are commonly irrevocable for the applicable tax year

• Describe how differences in taxable income definitions, credit mechanics, and nonresident withholding requirements vary across states
 

• Overview of state PTE elections and what makes a good candidate
• 2025 sunsetting of the SALT CAP and the impact of the OBBBA
• Recent PTE election updates
• State compliance considerations

Mary Jo Dolson, State & Local Tax Managing Director, CBIZ

Elil Shunmugavel Arasu, State & Local Tax Principal, BDO USA, PC