Learn how states created a pass-through entity tax (“PTET”) that shifted the state and local tax deduction from an individual taxpayer to the entity level that is not subject to the $10,000 state and local tax deduction per year.
“Fixed Season Pass” means a season pass that gives the holder a fixed number of days to use the pass throughout the season, usually ranging from 1 to 10 days. A list of Fixed Season Passes can be found here. “General Season Pass” means a season pass that is not limited to a fi...