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Call (866) 681-2140
Dimov Tax models the tax strategies for high income earners against your own numbers, under the 2026 limits, before December 31. You get a written plan with the dollar effect of each move, and the same CPAs file the return afterward.
Call (866) 681-2140.
We quantify each lever: retirement deferrals, giving, deductions under the 2026 caps, and the timing of income
We plan for W2 earners as well as owners, who have fewer levers and more to gain from timing
We file the return as well, so one team holds the plan and the filing
10,000+ successful tax filings
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Federally Enrolled IRS Agents on staff
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A CPA models your 2026 position and the dollar effect of each change, in writing, before December 31
The high income tax strategies covered: retirement, charitable giving, deductions under the new caps, and the timing of bonuses, vesting and sales
Fixed quote from the first call; the planning team prepares the return
The 2026 thresholds we plan around past $400,000:
We read those thresholds against your income and decide with you, before December 31, which levers to pull.
You get a written plan with a dollar figure next to each move, a midyear check, and a December session. The general service is on our tax planning services page. For high earners we run the same process on a shorter list: the tax planning strategies for high income earners that still apply past $400,000.
How to reduce taxable income for high earners: four lever groups, each quantified on your numbers.
The 2026 401(k) limit is $24,500, plus an $8,000 catch up from age 50, or $11,250 instead at ages 60 to 63. From 2026 the catch up is Roth only once prior year wages with that employer pass $150,000, so you get no deduction for it this year. Owners add a cash balance or defined benefit plan for larger deductions. We size these tax shelters for high income earners first.
From 2026 you deduct itemized gifts above 0.5 percent of AGI, and the IRS trims a top bracket filer's itemized deductions by 2/37. With charitable bunching, two or three years of gifts in one year through a donor advised fund, you clear the floor once and skip it in the other years. You also avoid the gain by giving appreciated stock directly.
The SALT cap is $40,400 in 2026, and the IRS reduces it by 30 percent of modified AGI over $505,000, down to a $10,000 floor. Tax deductions for high income earners now depend on which side of that line your income falls, so we time bonuses, exercises and sales around it where the choice exists. We check tax write offs for high income earners against the same caps.
We model bonuses, vesting and Roth conversions against the ordinary brackets, and gains from sales under the rates that apply. Our wealth management services team handles portfolio level planning, including the 3.8 percent net investment income tax.
A salaried executive or a dual income professional couple has fewer levers than an owner. The high W2 income tax strategies we run:
A dual income couple also owes the 0.9 percent additional Medicare tax on wages over $250,000 joint. Each employer withholds it only on its own wages over $200,000, so we cover the shortfall through estimates.
For RSU and option timing, see executive wealth management; ahead of a liquidity event, see IPO tax planning. How to reduce taxes for high income earners on salary alone is a shorter list, and we go through it line by line.
Make sure to start planning with a professional far ahead of time, maybe six months before, nine months before.
| Modified AGI | Reduction | SALT cap |
|---|---|---|
| $505,000 | $0 | $40,400 |
| $530,000 | $7,500 | $32,900 |
| $560,000 | $16,500 | $23,900 |
| $580,000 | $22,500 | $17,900 |
| $606,334 or more | $30,400 | $10,000 |
Assume you itemize and pay at least $40,400 in state and local tax. A bonus or gain that lifts modified AGI from $505,000 to $560,000 then costs you $16,500 of the cap. We show you that figure before you take the bonus or sell. Rule and figures: draft 2026 Schedule A.
The 2026 SALT cap at each income
The deduction for state and local taxes, by modified adjusted gross income, tax year 2026.
Full cap
$25,000 over, reduced $7,500
$55,000 over, reduced $16,500
$75,000 over, reduced $22,500
Floor reached
Source: Public Law 119-21, section 70120; IRS draft 2026 Schedule A. Dimov Tax models the cap before you take a bonus, exercise options or sell.
W2 income over $400,000, equity vesting, deferred compensation, and a household in the 35 or 37 percent bracket.
Practice income, retirement plan design and entity questions: see tax planning for doctors and tax planning for dentists.
K-1 income, the qualified business income deduction and plan contributions, planned alongside the entity's own return.
A company sale, an IPO or a large option exercise in the year, where the bracket and the SALT line both move at once.
Income in two or more states, or portfolio income past the net investment income tax threshold, with multistate tax strategy for the state side.
Last two returns, year to date pay stubs, the equity schedule and any K-1s, by secure upload.
A tax strategist for high income earners projects 2026 on current facts, then reruns it for each lever. You get the dollar effect of each move in writing.
A CPA walks you through the plan, you choose the moves, and we set a December checkpoint for anything that depends on year end figures.
The same team prepares the return, so the return matches the plan and the estimates.
Last year's return and a recent pay stub are enough for a first read on which levers apply. A CPA or Enrolled Agent reviews it.
We quote tax planning for high income earners on the shape of the year. What we price against:
A salaried couple with one state and no equity is the light end; we quote more for an entity, a liquidity event or a second state. These are the factors, not a quote.
The Dimov group has been a pleasure to work with on my taxes. They recommended changes to my tax strategy which had a significant positive impact on my return this year. Looking forward to working with them again!
These figures are general. Speak to a CPA about your own numbers before acting on any of them.
Send last year's return and we will tell you which levers apply, what they are worth, and what the plan costs. We build tax saving strategies for high income earners from your numbers. Or call (866) 681-2140.
