If you’re a high-income earner or have significant net worth, there’s one piece of financial planning that could deliver the biggest bang for your buck: Tax planning.

While market performance is unpredictable, tax planning is something you can control—and it could save you tens of thousands of dollars every year.

Here are some strategies to consider:

✔️ Retirement accounts: Maximize pre-tax savings when applicable.

✔️ QBID planning: Evaluate your eligibility for the 20% qualified business income deduction.

✔️ Entity selection: Assess whether your business structure is optimized for tax efficiency.

✔️ PTET: Explore options for working around the $10,000 SALT deduction limit.

Tax planning can be one of the most impactful ways to keep more of the wealth you’ve worked so hard to build. Consider speaking with a professional to explore what strategies might work best for you.