In a recent LinkedIn post, Ryan Gomez, CFP® discusses the significant impact taxes can have on personal finances and underscores the importance of proactive tax planning. Gomez, a Certified Financial Planner, shared insights into how individuals, particularly high earners, can strategically reduce their tax liabilities.
The Shock of Tax Season
Gomez opened his post by addressing the common frustration many experience when a substantial portion of their income is paid in taxes. He highlighted the feeling of a “gut punch” that can accompany tax season, especially for those who haven’t put a plan in place.
“Government took 25%+ of your commissions.
Feels like a gut punch every quarter…
This sentiment, according to Gomez, points to a missed opportunity for many to optimize their financial situations. He argues that while paying taxes is a necessity, the amount paid is often within an individual’s control through thoughtful planning.
Leveraging Financial Tools for Tax Reduction
The core of Gomez’s message revolves around the idea that individuals should utilize all available financial tools to keep their taxes in check. He presented a case study of a client in tech sales earning $280,000 annually who was consistently facing large tax payments without a strategy.
Gomez detailed the steps taken to restructure the client’s financial approach:
- Increased RSU (Restricted Stock Unit) withholdings.
- Maxed out 401(k) contributions to lower taxable income.
- Utilized a Health Savings Account (HSA) for its triple tax advantage, which the client was not previously using.
As Ryan Gomez, CFP® points out, these adjustments allowed the client to maintain the same income level but significantly increase the amount of “real money back in his pocket.”
“The IRS gets their cut, that’s non-negotiable.
But nobody said you shouldn’t use all the tools you have available.”
The Necessity of a Tax Plan
Ryan Gomez, CFP® emphasizes that tax planning is not merely about avoiding taxes but about smart financial management. By implementing strategies such as maximizing retirement contributions and leveraging tax-advantaged accounts like HSAs, individuals can achieve significant savings.
In Gomez’s view, the key takeaway is that proactive engagement with financial planning can mitigate the negative impact of taxes. He concluded his post with a strong call to action:
“Make sure you’re keeping your taxes in check!”
His insights serve as a reminder for professionals to regularly review their financial strategies and consult with experts to ensure they are not overpaying in taxes and are making the most of available tax-saving opportunities.
📝 About This Content
This article is based on insights shared by Ryan Gomez, CFP® on LinkedIn.
📅 Originally posted on July 10, 2026 | View original post on LinkedIn →