{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Hidden Money Podcast","title":"If You Have High Income But No Time","html":"","width":"100%","height":180,"duration":1662,"description":"On this week's episode: high earners often assume the more they make, the more they owe, and don't ask what the tax code already has built in for them.\nFour things hiding in plain sight:\n$50,000 into the right strategy can come back as a $250,000 deduction — a five-time return, backed by an independent valuation, not a guess.\nIf you clear $500,000 a year and skip tax strategy, your biggest expense isn't your mortgage. It's the IRS, and withholding hides the number so well most people never add it up.\nThat same $50,000 contribution saved $86,000 in federal tax in a single year. No property to manage, no material participation, no time required.\nOverpay your taxes by $36,000 instead of investing it, and in 20 or 30 years you're down $144,000. The real risk was never the strategy. It's doing nothing.\nChapters\n[00:00] Introduction: high income, no time for tax strategy\n[00:01] The hamster wheel: why working harder doesn't fix a tax bill\n[00:05] The real cost of not planning: your biggest expense at $500K+\n[00:07] Why Q4 is the worst time to start (and the best time to act)\n[00:08] Strategy one: the zero-time-commitment charitable deduction\n[00:12] Real numbers: how $50K became an $86K tax save\n[00:17] The biggest risk is doing nothing\n[00:20] Buyer beware, and why \"more likely than not\" still isn't a guarantee\n[00:25] Next week's cliffhanger: a passive deal with cash flow and ROI\n\nGet in touch: https://www.revotaxpayer.com/?utm_source=revo-taxpayer&utm_medium=podcast&utm_campaign=s4e27-if-you-have-high-income-but-no-time&utm_content=show-notes#contact-1\n\nTake our 5 minute tax assessment: https://www.revotaxpayer.com/?utm_source=revo-taxpayer&utm_medium=podcast&utm_campaign=s4e27-if-you-have-high-income-but-no-timeutm_content=show-notes#taxassistant\n \nConnect with us:\n• Website: revotaxpayer.com\n• Facebook: @revotaxpayer\n• Instagram: @revotaxpayer\n• LinkedIn: @revo-taxpayer-advocacy\n• YouTube: @HiddenMoneyPodcast","thumbnail_url":"https://img.transistorcdn.com/TWKM7KKxCr6iSu58Xm-mKHEFQSwIhIxv042pNBRkyGw/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9mMTJi/MjljMDYzOGNkYzM4/ODQ1MzkwYmE0YmYw/NjllNS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}