Tax Strategy vs. Tax Preparation Explained 

In This Episode 

We’re breaking down the difference between tax strategy and tax preparation — and why that difference could mean six figures in savings over your lifetime. 

Many people think they “have a tax plan” because they have a CPA. 

 But here’s the truth: 

Think of it this way: 

Your CPA is the scorekeeper, but your tax strategist? That’s your coach. 

At Fit Wealth 

This is Shawn Hanquist’s zone of genius — not in a “find the loopholes” way, but in a structured, legal, strategic way that helps high earners minimize taxes and build sustainable wealth. 

He teaches clients to stop playing defense and start playing offense with their taxes by using tools like: 

For high earners, the difference between planning this way and not? 

Sometimes it’s hundreds of thousands — every single year. 

Why Most People Overpay 

High earners are busy. They’re building and scaling— and they assume their accountant “handles it.” 

But when we take a closer look, we often find massive, missed opportunities. Not because anyone did anything wrong, but because no one’s sitting down proactively to say: 

“Hey, before December, let’s look at your income, deductions, and investments — and design a plan.” 

That’s the real secret of the wealthy: 

Coming Up Next 

Over the next few weeks, we’re walking through seven key tax strategies we use with our high-income and accredited investor clients — the same ones Shawn and I use ourselves. 

Here’s a sneak peek: 

Each builds on the other — and by the end of this series, you’ll understand how the wealthy design tax-efficient systems, not one-time fixes. 

Free Guide 

Want to follow along? 

Download our free guide: “7 Year-End Tax Strategies for High Earners.” 

It’s short, simple, and includes actionable steps to help reduce your tax liability— not by cutting corners, but by thinking ahead. 

👉 Grab it at fitwealthadvisors.com/taxguide or through the link in the show notes. 

Biggest Takeaway 

If you only think about taxes when it’s time to file them, you’re already too late. 

 But when you start planning ahead, you shift from just paying taxes to being tax efficient. 

Next week, Shawn and I are diving into the first strategy — how to use retirement plans as your tax-saving powerhouse, even if you’ve already maxed out your 401(k). 

Thanks for tuning in — we’ll catch you in the next one! 

The Fit Wealth Show is brought to you by Plan Group Financial, Inc. (PGF) d/b/a Fit Wealth Advisors. PGF d/b/a Fit Wealth Advisors is an investment adviser registered under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply any level of skill or training. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Past performance is not indicative of future results.