The State and Local Tax (SALT) deduction is getting its biggest update in years. In this episode of Gimme Some Truth, Clint, Alicia, and Nate break down the new law that raises the federal SALT cap from $10,000 to $40,000 starting in 2025, with limits that phase out for higher-income households and a temporary window that currently runs through 2029.

You’ll learn what counts as SALT (property taxes, state income taxes, and certain local taxes), who benefits most in high-tax states, and why the expanded cap could make itemizing attractive again—even for filers who have taken the standard deduction in recent years. The team also explains key planning moves like timing property tax payments, bunching deductions, and coordinating SALT with charitable and other itemized strategies to maximize tax savings before year-end.

Whether you’re a high-income earner navigating the phase-out rules or a homeowner wondering if itemizing finally pays off, this conversation offers clear, practical guidance to help you take advantage of the new SALT limits while they last.

Read the blog for additional information: https://walknercondon.com/blog/how-the-new-2025-salt-cap-works-and-tax-strategies-to-maximize-your-deductions/

Chapters

00:00 Introduction and Favorite Salts

00:43 What is SALT?

01:22 Changes in SALT Deduction Limits

01:35 Impact of the New SALT Cap

03:23 Strategies for Itemizing Deductions

03:45 Planning for Future Tax Years

04:33 Proactive Tax Planning Tips

07:31 High-Income Earners and SALT Cap Phase-Out

09:53 End-of-Year Tax Planning

11:35 Conclusion and Additional Resources

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In this episode of Gimme Some Truth, hosts Clint and Nate sit down with insurance veteran Rod Crandall to explore how long-term care insurance can protect your financial future.

Rod breaks down common misconceptions, explains how long-term care coverage fits into retirement planning, and shares his personal experience purchasing a policy. The conversation also covers:

✅ Current costs of long-term care in Wisconsin

✅ Different types of long-term care insurance (traditional vs. modern hybrid options)

✅ Underwriting and eligibility considerations

✅ Why proactive planning matters for financial security and family protection

If you’re wondering whether long-term care insurance makes sense for your situation—or how to start planning—this discussion is a must-watch.

👉 Timestamps:

00:00 Introduction

00:20 What Is Long-Term Care Insurance?

01:28 Costs and Statistics in Wisconsin

04:08 Personal Experiences and Proactive Planning

07:41 Traditional vs. Modern Long-Term Care Options

13:39 Options for Older Individuals

17:33 Planning, Underwriting, and Eligibility

24:52 Final Thoughts

🔔 Subscribe for More Insights on Financial Planning, Investing, and Retirement:

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🌐 Learn More About Walkner Condon Financial Advisors:

Visit: https://walknercondon.com

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💰 Are you making the most of your cash? In this episode of Gimme Some Truth, Nate Condon and Mitch DeWitt break down cash management strategies that help you stay ahead in a changing financial world.

Discover how to optimize your liquidity, earn higher yields, and protect your cash from inflation and interest rate shifts. Whether you’re holding cash for short-term goals or long-term flexibility, this conversation will help you make smarter, more confident financial decisions.

🔹 Topics Covered:

00:00 Introduction to Cash Management

01:01 The Changing Landscape of Cash

01:46 Making Smart Cash Decisions

02:33 High-Yield Savings Accounts

05:05 Treasury and Bond Options Explained

06:51 Understanding Liquidity Risk

11:28 Chasing Yield: Pros and Cons

13:46 Conclusion and Final Thoughts

💬 Key Takeaways:

- Why cash management matters more than ever in 2025

- The pros and cons of high-yield savings accounts

- How treasuries and short-term bonds fit into your strategy

- Balancing yield with liquidity and safety

🌐 Learn more: https://walknercondon.com

#CashManagement #FinancialPlanning #Investing #PersonalFinance #HighYieldSavings #TreasuryBonds #GimmeSomeTruthPodcast #WalknerCondon #WealthManagement

🌐 Learn More About Walkner Condon Financial Advisors:

Visit: https://walknercondon.com

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We specialize in financial planning for Americans abroad:

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