Eric Ingis

CPA 

With the firm since 2014, Eric Ingis is a Manager at Ryan and Wetmore, PC and has become an integral part of the firm’s tax team. Eric focuses on providing various tax advisory services for high net worth individuals, corporations and partnerships as well as providing state and local tax (SALT) advisory services to businesses of all sizes in order to mitigate risk, identify tax savings opportunities and remain in compliance with various state and local laws. These SALT services include individuals who have a Schedule K-1(s) from pass-through entities operating in several states, as well as businesses that have operations that require a multi-state presence. Eric earned a Masters in Accountancy from the University of Vermont and a B.S. degree in Accounting and Finance from the University of Delaware.

Blog Posts

IRS Issues Proposed Guidance on Controversial SALT Limitation

In recent weeks, the IRS has issued a series of proposed regulations to help clarify provisions of the Tax Cuts and Jobs Act (TCJA). One of the most controversial parts of the law is the limit on individuals’ deductions for state and local taxes (SALT) that goes into effect this year.

Will States Conform to the New Tax Rules?

Many state legislatures are now in session. A major issue that state lawmakers may currently face is whether to conform their state income tax systems to all the changes included in the Tax Cuts and Jobs Act (TCJA). Some states are considering or have adopted legislation to address the following key provisions of the new […]

How the New Limit on SALT Deductions Affects Homeowners

 The ability to deduct state and local taxes (SALT) has historically been a valuable tax break for taxpayers who itemize deductions on their federal income tax returns. Unfortunately, the Tax Cuts and Jobs Act (TCJA) limits SALT deductions for 2018 through 2025. Here’s important information that homeowners should know about the new limitation.