With April 15 a very recent memory, taxes are probably still fresh on your mind. Most clients I’ve talked to have been rather unpleasantly surprised that they haven’t seen much, if any reduction in their income taxes.

This situation is especially true for folks living in states with high state income tax rates and steep real estate taxes such as California, New York and Illinois as the State and Local Tax (SALT) deduction is now capped at $10,000.