NEW TAX LAW ALERT: YOUR STATE MAY NOT CONFORM TO THE NEW FEDERAL TAX LAWS. THIS CAN BE A MAJOR TAX ADVANTAGE TO YOU ON YOUR STATE TAX RETURN IF YOU DO NOT LEAVE OUT ANY TAX DEDUCTIONS THAT ARE NO LONGER ALLOWED ON YOUR FEDERAL TAX RETURN. YOUR FEDERAL DEDUCTIONS MIGHT BE COMPLETELY DIFFERENT FROM YOUR STATE DEDUCTIONS. CALIFORNIA and New York are two STATEs WITH THIS SITUATION. INCLUDE ALL YOUR TAX DEDUCTIONS TO POTENTIALLY REDUCE YOUR CALIFORNIA or new York STATE INCOME TAX.
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