"[T]he higher cap on the SALT deduction comes with ... a phaseout for those with yearly adjusted gross income (AGI) exceeding $500,000.... [P]lanning ideas to try to hold your AGI below the phaseout zone ... include maximizing contributions to qualified retirement plans ... putting salary or bonuses into any nonqualified deferred compensation plan that's available; and exploring eligibility for other retirement or pension plans that defer income.... [E]valuate whether to avoid triggering more income, such as with Roth IRA conversions, nonqualified stock option exercises, and asset sales."  MORE >>