![taxes reform_1_.5540d268d98f6](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/34054/taxes_reform_1_.5540d268d98f6.5d0158e9cdc01.png)
IRS Issues Final Regs on Charitable Contributions and SALT Credits
The U.S. Department of the Treasury and the IRS have issued final regulations that require taxpayers to reduce their charitable contribution deductions by the amount of any state or local tax credits they receive or expect to receive in return.