If you’re a high-income earner, business owner or investor, tax planning shouldn’t start in April.
On this episode of The Jay Young Show, Jay Young and Jordan Soto sit down with nationally recognized tax strategist Ed Lyon to talk about the biggest tax mistakes successful people make, the difference between tax preparation and proactive tax planning, and what people should be thinking about before the end of 2026.
They also discuss:
- Tax strategies high-income earners should understand
- Common tax planning mistakes
- How business owners and investors can prepare for a high-income or capital-gains year
- The potential tax benefits of alternative investments, including oil and gas and real estate
- Why an investment should make sense beyond the tax deduction
- Questions to ask your CPA or tax strategist before year-end
Jay also shares his Weekly Five, including his Word of the Week, Bible Verse, Book of the Week, what he’s watching and what he’s listening to.
Plus, hear more about King Operating’s upcoming three-part tax webinar series with Ed Lyon beginning September 8. Register for one or all below:
September 8 at 2 p.m. CT:
High Income, High Tax Bill? Strategies for Physicians and Tech Executives
Register: https://kingoperating.zoom.us/webinar/register/1917875814303/WN_SeR-7yyzTxmWCgEBq2Mvng
October 13 at 2 p.m. CT:
Rethink Your Tax Strategy: What Attorneys & Corporate Executives Should Know
Register: https://kingoperating.zoom.us/webinar/register/6717875814427/WN_74qEHjcVRXCoBiVE6vqwyw
November 10 at 2 p.m. CT:
Don’t Pay More Than You Have To: Tax Strategies for Business Owners & Investors with Capital Gains
Register: https://kingoperating.zoom.us/webinar/register/5217875814546/WN_G9mSTtuNTka0Ns6KIG43Hw
Subscribe to The Jay Young Show for more conversations about energy, investing, business, leadership and building long-term wealth.
This content is for educational purposes only and should not be considered tax, legal or investment advice. Consult your own qualified advisors regarding your individual circumstances.