Here's a question: Is it really possible to take a six-figure income and pay no federal taxes on it? Depending on the sources of your income and how you use the tax brackets, it may indeed be possible.

What it all comes down to is knowing how the tax brackets work, and knowing what income is taxed at what rate.  The bigger picture for you is this: tax management is one of the keys to potentially paying a lot less.

How can you have $100K of income and still pay no federal income tax? Find out from podcast host Johnny Dean and his guest, "Professor" Rick Plum, CFP® on this week's episode of Managing Your Financial Future!