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Top Tax Reduction Strategies for Executives and High-Income Earners

Author
Nicholas Olesen
Published
Wed 09 Feb 2022
Episode Link
https://kathmere.libsyn.com/top-tax-reduction-strategies-for-executives-and-high-income-earners

In today's episode Nicholas Olesen, CFP®, CPWA® shares the top tax reduction strategies we have advised executives and other high-income earners to take advantage of. 

Taxes is probably the one thing just about everyone feels they pay too much of. For executives and high-income earners, it is by far the largest expense they pay each year and for many it costs them over 50% of their income. 

Nicholas starts off with a little tax terminology and education and then shares what he have seen as the most impactul strategies. Here's a few topics covered:

  • Difference between tax bracket, marginal rate, and effective rate
  • Deductions vs Credits and how to maximize both
  • How past legislation can give us insight into the future for tax law
  • The 4 strategies that you need to be doing today

You can find a transcript of today’s show by visiting: https://www.kathmere.com/blog

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