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005: Maximizing Your Tax Savings: Expert Tips on Leveraging a Tax Planner for Radical Reductions

Managing Tech Millions

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Strategies for Lowering Tax Burdens

In this chapter, they discuss strategies for lowering tax burdens, particularly for individuals in the tech industry. They explain how employees often face high tax bills in April due to supplemental rate withholding, and recommend checking with HR to adjust withholdings. They also discuss the difference between active and passive income, and highlight the benefits of investing in startups under Section 1202 for potential tax breaks. Overall, they provide insights and advice for lowering tax obligations and maximizing savings.

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