Avoid the SALT “Torpedo” Tax Trap
In this clip, I break down how a $100K income increase from $500K to $600K can spike federal tax by $45,500. That’s a jaw-dropping 45.5% marginal tax hit, driven by the SALT deduction plunge.
Here’s what you’ll learn:
How the new $40K SALT cap phases out above $500K AGI
Why high earners in high-tax states feel the burn
What moves like charitable gifts or deferrals can protect your clients
How TaxPlanIQ helps you navigate these cliffs before they hit
Don’t let hidden tax traps derail your growth. Watch now and subscribe for more strategies.
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