Your 2025 tax planning checklist: Essential moves for high earners

Giovanni Tiso, CFP for Range

Your 2025 tax planning checklist: Essential moves for high earners

Tax strategy doesn’t just happen in April. While it may feel like you just filed your 2024 taxes a minute ago, the time to set yourself up for success in your 2025 taxes is now.

High-income households face major tax changes in 2025, with opportunities to save thousands through strategic planning. By implementing advanced tax strategies like setting up a backdoor Roth IRA , understanding AMT implications , and maximizing the expanded SALT deduction cap , you could significantly reduce your tax burden before year-end—but you need to start taking action now to implement these before Dec. 31 to reap the benefits this year. Range shares how high earners can prepare for the 2025 tax seaso