Date: May 22nd, 2026

Time: 2pm ET | 1pm CT | 12pm MT | 11am PT

Duration: 120 minutes

Description:

The federal $10,000 SALT cap fundamentally changed how pass-through business owners deduct state income taxes but the One Big Beautiful Bill has added a new layer of complexity. With the SALT cap now raised to $40,400 for 2026 yet phasing out entirely for high-income taxpayers above $500,000, the question is no longer simply “should my client elect PTET?” — it’s “under what circumstances does PTET still deliver maximum savings?”

Pass-Through Entity Tax elections remain one of the most powerful federal tax reduction tools available to owners of partnerships, S corporations, and LLCs. By shifting state income tax payments to the entity level, business owners can effectively bypass the SALT cap and unlock deductions that would otherwise be lost. But with over 35 states now running their own PTET regimes each with unique election windows, prepayment requirements, and calculation mechanics  execution matters as much as strategy.

This practitioner-focused webinar cuts through the complexity and delivers exactly what you need to advise clients with confidence. Our expert presenter will walk you through how PTET elections function at the federal and state level, how post-OBBBA planning changes the calculus for high-income clients, and how to evaluate whether an election is truly beneficial for each specific situation.

Through real-world client scenarios and state-by-state comparisons, you will learn to:

• Identify which clients benefit most from PTET elections in a post-OBBBA environment

• Navigate critical election deadlines, prepayment rules, and filing requirements across key states

• Calculate entity-level tax liability and the corresponding owner-level tax credit accurately

• Avoid the most costly compliance traps practitioners encounter with multi-state entities

You will leave this session with immediately actionable strategies, ready-to-use planning frameworks, and the clarity to confidently guide your clients through one of the most dynamic areas in tax planning today.

Topics Covered:

• Overview and historical background of SALT deduction limitations under federal law.
• Legislative development of state-level PTET regimes and their policy purpose.
• State taxable income.
• Election mechanics: when and how pass-through entities can make the PTET election.
• Other entity-level taxes.
• Calculation of entity-level tax and its impact on federal income reporting.
• New PTE level taxes to circumvent the SALT CAP.
• Comparison of PTET rules across major adopting states, including threshold requirements and filing timelines.
• Coordination of PTET payments and credits between the entity and owners.
• Multistate tax implications for entities operating in more than one jurisdiction.
• Documentation standards, estimated payments, and state-specific compliance procedures.
• Common pitfalls, case studies, and IRS guidance on federal deductibility.
• Planning opportunities, timing considerations, and strategies for maximizing tax benefits.
• Recent developments.

Learning Objectives

• Explain the purpose and operational structure of PTET elections as a response to the federal SALT deduction cap.
• Identify which states currently offer PTET elections and analyze the differences in their tax rates, eligibility rules, and election processes.
• Evaluate the advantages, limitations, and risk factors involved in making or advising on a PTET election.
• Determine how PTET elections influence both entity-level and owner-level tax reporting at the federal and state level.
• Apply best practices for electing, documenting, and maintaining compliance with PTET regimes across various states.

Credits and Other information:

• Recommended CPE credit – 2.0
• Recommended field of study – Taxes
• Session Prerequisites and preparation: None
• Session learning level: Update
• Location: Virtual/Online
• Delivery method: Group Internet Based
• Attendance Requirement:  Yes
• Session Duration: 120 minutes

Who Will Benefit:

• CPA
• Enrolled Agents (EAs)
• Tax Professionals
• Attorneys
• Other Tax Preparers
• Finance professionals
• Financial planners

About Our Speaker

Jane Ryder, EA, CPA, is a nationwide professional educator. She writes and speaks on many income tax, business compliance, accounting, and tax representation topics. Jane has been providing tax preparation, accounting services, and tax collection resolution services since 1980.She runs her  CPA firm, Brass Tax Ryder Professional Group, Inc., and consults with colleagues on tax matters, audits, and business planning.