💡 Three levers drive real tax savings. High-income business owners, W-2 professionals, and real estate investors can generally pull three main levers when it comes to tax reduction. ✅ Deductions. Reduce your taxable income. Your effective tax rate is applied to a smaller number, so your tax bill drops. ✅ Credits. Offset the tax you already owe, dollar for dollar. You calculate your tax, then apply credits to cut it directly. ✅ Exclusions. My favorite word in the tax code. Exclusions act like a cloak of invisibility ... money that never even counts as taxable income. ⚖️ Facts and circumstances matter. Your entity choice is often about asset protection: shielding wealth from creditors and opportunists. But sometimes entity selection also drives tax strategy. Certain tax moves only work if you have the right entity in place. Net result? The right structure can both protect assets and unlock advanced tax plays like the Qualified Business Income Deduction. I know this isn’...