For nearly a decade, high earners in high-tax states were limited by the $10,000 SALT deduction cap. Now, the One Big Beautiful Bill Act has temporarily increased the cap, creating a valuable planning window for taxpayers who itemize deductions and have meaningful state and local tax exposure.

In this episode we’ll break down what the new SALT deduction cap means for high-earning women, business owners, and families in states like New Jersey, New York, and California — including who benefits, who may be phased out, and what planning strategies to discuss with your CPA before year-end.

What’s Covered
✅ How the SALT deduction cap changed from $10,000 to $40,400 for 2026
✅ Who is most likely to benefit from the higher SALT deduction cap
✅ Why capital gains, bonuses, RSUs, and investment income can reduce the benefit
✅ How to determine whether itemizing deductions makes sense for your household
✅ Three action steps to take with your accountant before year-end

If you haven’t already, we encourage you to meet with your financial team ASAP to learn more about the new SALT Deduction Increase! If there are any specific things you're thinking about or questions you may have, make sure to drop them in the comments below.

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