{"id":56772,"date":"2023-04-28T19:54:21","date_gmt":"2023-04-28T19:54:21","guid":{"rendered":"https:\/\/www.dinsmore.com\/?p=56772"},"modified":"2025-12-22T21:06:53","modified_gmt":"2025-12-22T21:06:53","slug":"dinsmores-kelvin-lawrence-talks-salt-workarounds-with-bloomberg-tax","status":"publish","type":"post","link":"https:\/\/www.dinsmore.com\/quotes-mentions\/dinsmores-kelvin-lawrence-talks-salt-workarounds-with-bloomberg-tax\/","title":{"rendered":"Dinsmore&#8217;s Kelvin Lawrence Talks SALT Workarounds with Bloomberg Tax"},"content":{"rendered":"\n<p><a href=\"https:\/\/news.bloombergtax.com\/daily-tax-report\/more-salt-workarounds-ahead-as-states-add-pass-through-tax\">Bloomberg Tax<\/a> recently wrote about Indiana, Kentucky and West Virginia joining other states that have enacted legislation to reduce the effect of the 2017 SALT cap deduction limitation for individuals who conduct business through a pass-through entity. The publication turned to Columbus based Dinsmore attorney Kelvin Lawrence to talk about differences in the application of extensions, retroactivity, estimated payments and credits that practitioners must consider when dealing with pass-through entity taxes. An excerpt&nbsp;is below:<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.dinsmore.com\/wp-content\/uploads\/2023\/05\/srl-crops\/Lawrence-Kelvin_Circle-2.srl-crop-1.png\" alt=\"\"\/><\/figure>\n\n\n\n<p><em>\u201cPTE owners and their tax advisors need to carefully model the tax implications of electing into one or more of these PTE taxes, because they can have unanticipated consequences depending on the entity\u2019s business footprint, the nuances of each state\u2019s tax, and the availability of credits to the entity\u2019s ultimate owners in their states of residence for entity taxes paid,\u201d<\/em> Kelvin told Bloomberg Tax.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>You can read the full article <a href=\"https:\/\/www.dinsmore.com\/wp-content\/uploads\/2023\/04\/More_SALT_Workarounds_Ahead_as-1_8aa6b2.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg Tax recently wrote about Indiana, Kentucky and West Virginia joining other states that have enacted legislation to reduce the effect of the 2017 SALT cap deduction limitation for individuals who conduct business through a pass-through entity. The publication turned to Columbus based Dinsmore attorney Kelvin Lawrence to talk about differences in the application of\u2026<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-56772","post","type-post","status-publish","format-standard","hentry","category-quotes-mentions"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dinsmore&#039;s Kelvin Lawrence Talks SALT Workarounds with Bloomberg Tax - Dinsmore &amp; Shohl<\/title>\n<meta name=\"description\" content=\"Read the latest legal news and Firm updates related to Dinsmore&#039;s Kelvin Lawrence Talks SALT Workarounds with Bloomberg Tax\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.dinsmore.com\/quotes-mentions\/dinsmores-kelvin-lawrence-talks-salt-workarounds-with-bloomberg-tax\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dinsmore&#039;s Kelvin Lawrence Talks SALT Workarounds with Bloomberg Tax\" \/>\n<meta property=\"og:description\" content=\"Read the latest legal news and Firm updates related to Dinsmore&#039;s Kelvin Lawrence Talks SALT Workarounds with Bloomberg Tax\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.dinsmore.com\/quotes-mentions\/dinsmores-kelvin-lawrence-talks-salt-workarounds-with-bloomberg-tax\/\" \/>\n<meta property=\"og:site_name\" content=\"Dinsmore &amp; 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