More Money, More Taxes

If you’re a successful professional earning good money, taxes are likely one of the biggest expenses in your life.In this episode of Swimming Financially, Desiree Fisher breaks down how W-2 employees can legally reduce their taxable income using smart tax planning strategies.Designed specifically for single, childfree women building wealth on their own, this episode explains how taxable income works and highlights five strategies that can help you keep more of what you earn.In this episode, you'll learn:• How taxable income is calculated• Why tax brackets matter for high-earning women• Retirement contributions that reduce taxable income• The difference between HSAs and FSAs• How charitable planning and capital losses can lower taxes• Why your W-4 withholding mattersTaxes may not be glamorous—but understanding them is one of the most powerful ways to build wealth.