Article | August 11, 2025
Over the last few months, I’ve noticed a growing number of social media posts promoting tax-saving strategies, many of which claim to help high-income earners save tens of thousands of dollars. Naturally, I was curious and decided to dig deeper into what these promoters were actually offering.
What I found is that while some strategies are legitimate and potentially powerful, not all are appropriate for everyone. Tax planning is highly individualized. There are foundational strategies, what I like to call “low-hanging fruit”, that apply broadly and can benefit most people. These include:
- Maximizing contributions to retirement accounts
- Utilizing Health Savings Accounts (HSAs)
- Optimizing itemized deductions
- Leveraging education-related tax benefits like 529 plans
These tools offer immediate or long-term tax advantages and are often underutilized.
Beyond the basics, there are more advanced strategies that require specific circumstances or professional guidance. For example, the Augusta Rule, cost segregation studies, backdoor Roth IRAs, and S Corporation optimization can offer significant savings, but only when applied correctly and in the right context. These strategies often come with complexity, compliance requirements, and sometimes, state-specific limitations.
Why Planning Ahead Matters: A Client Story
Let me share a quick example that highlights the value of planning ahead. We had a client come in for tax planning and mentioned that he had recently sold a piece of land and intended to use a 1031 exchange to defer the taxes. As we asked a few follow-up questions, it quickly became clear that he hadn’t followed the necessary steps to qualify for the exchange.
Unfortunately, because he didn’t consult us before the sale, he missed key requirements, and ended up costing him significantly in taxes. Had we spoken beforehand, we could have guided him through the process and helped him properly execute the 1031 exchange.
Partnering with Isler CPA
That’s why personalized planning is so important. At Isler CPA, we’re here to help you navigate these options, identify the strategies that fit your unique situation, and ensure they’re executed with precision and care to support your long-term financial goals.
Let’s Make Sure You’re Prepared
Tax strategies can be powerful, but only when they’re applied correctly and at the right time. If you’re considering a financial move or have questions about what strategies might be available to you, we encourage you to reach out before you act. Schedule a tax planning consultation with our team today.
Let’s explore the options that fit your goals and ensure every step is taken with confidence and clarity. 541-342-5161
Sincerely,
Eric Bell, CPA, MST
Managing Partner Isler CPA
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