The 3-Lane Tax Strategy: Build Wealth & Lower Taxes All Year Long

Most business owners think about taxes once a year. The successful ones think about it all year long.

At Abundant Tax and Business Solutions, we use a simple but powerful framework to help entrepreneurs save money and build wealth: 👉 The 3-Lane Tax Strategy

🚗 Lane 1: Structure Your Income Wisely

How you pay yourself matters. With the right setup, you can reduce self-employment tax and increase take-home pay.

Moves to Make:

• Choose the right entity (LLC, S Corp, etc.)

• Split salary vs. distributions (for S Corps)

• Avoid overpaying payroll taxes

🔑 Why it matters: Smart income structuring = more cash in your pocket.

🛣️ Lane 2: Maximize Strategic Deductions

You're spending money to run your business—why not make every dollar count?

Deductions to Track:

• Home office and utilities

• Business vehicle use

• Legitimately hiring your kids

• Business meals and travel

🔑 Why it matters: Tracking deductions year-round = fewer surprises and bigger savings.

🛤️ Lane 3: Make Future-Focused Tax Moves

The best tax planning is proactive—not reactive.

Forward-Thinking Tips:

• Open a Solo 401(k) or SEP IRA

• Use real estate to your advantage

• Work with a tax advisor, not just a preparer

🔑 Why it matters: These moves protect your profits and grow your wealth.

🎯 Final Takeaway:

Tax season shouldn’t be a scramble. With the 3-Lane Tax Strategy, you build year-round control, confidence, and cash flow.