In 2024, the SALT deduction was capped at $10,000, but that has been increased to$40,000 for the tax years 2025 through 2029.While charitable deductions will be capped starting next year at a 35% rate, taxpayers are getting some new relief in the area of state and local tax deductions, commonly referred to as SALT.Sabol said one area that can sometimes be overlooked when focusing on more sophisticated strategies is simply maxing out contributions to pre-tax 401(k) and Health Savings Account plans.Patrick S ...