Rod's Blog

Could State Taxes be Hurting Your NFL Team?

Posted by Cailey Taylor on Nov 4, 2018 9:05:00 AM

Has it been a few years since your favorite NFL team made it to the Super Bowl? New research says it could be due to your state’s taxes. The recent tax overhaul, The Tax Cuts & Jobs Act, made several changes that negatively affect players who reside in states with a high personal income tax or high property tax. The Tax Cuts & Jobs Act eliminated or limited several deductions, including limiting the deduction available for state and local taxes.

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Tags: Sales Tax, Tax Cuts and Jobs Act, Tax Deductions, Tax Return, Tax Law, Tax Help, Tax, NFL

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