Top Tax Mistakes to Avoid If You Make More Than $100,000 in US

These days, a six-figure salary often doesn’t go as far as expected after taxes and adjusting for the cost of living.

Thanks to the flexibility of remote and hybrid work, high-earners have been moving to lower-tax states such as Florida from expensive cities in New York and California. No matter where you live, though, tax experts say that people who earn more than $100,000 should be generally focused on lowering taxable income.

Limiting tax exposure takes long-term planning, according to Jordan Gilberti, senior lead financial planner at Facet. People with high incomes should constantly review their options amid life changes, ...