But when structured correctly, even small adjustments can produce outsized results. In this episode, we’re walking through a collection of powerful strategies that reward proactive thinking — and could change how you look at tax season altogether.
Topics Discussed
- Why electing S-Corp status can cut self-employment taxes by thousands.
- How the QBI deduction can save up to 20% off your taxable income.
- Applying the Augusta Rule for tax-free rental income from your home.
- Using donor-advised funds to maximize charitable giving while minimizing capital gains.
- The return of 100% bonus depreciation and what it means for real estate and vehicles.
- How real estate professional (REP) status and short-term rentals enable major deductions.
- Paying your kids through a family holding company to legally shift income into a 0% bracket.
Resources Mentioned:
Tags:
tax strategies, financial planning, ER docs, S-Corp election, QBI deduction, Augusta Rule, donor-advised funds, bonus depreciation, real estate professional, PTE election, wealth building, physician finance, high-income earners, tax savings, retirement planning