About this episode

Ed Lyon discusses how business owners and high earners can proactively reduce their taxes through better planning.

Ed Lyon is a tax attorney, the Chief Tax Strategist and Director at Financial Gravity, and the Chief Tax Planner at Excel Empire. Financial Gravity is a multifamily office integrating tax strategy, wealth management, and financial planning to help clients optimize and preserve wealth. At Excel Empire, Ed leads advanced tax planning and advisor strategies for business owners. With nearly three decades of experience simplifying complex strategies and uncovering overlooked opportunities, he primarily specializes in helping high-income earners legally reduce taxes through proactive planning. In this episode… Most business owners and high earners assume taxes are simply the cost of making more money. They rely on their CPA, file each year, and move on without questioning the outcome. The big question isn't how much you earn, but how much you unknowingly give away. Is the tax system far more flexible than it seems? Ed Lyon explains that the real problem isn't taxes themselves, but how people approach them. As a tax attorney with decades of experience, he highlights the gap between reactive tax preparation and proactive tax planning. Ed emphasizes that most professionals focus on…

People in this episode

Host: Pat Mancuso

Guest: Ed Lyon

Topics covered

• tax strategy
• wealth management
• financial planning
• high-income earners
• proactive planning

Keywords

• taxes
• business owners
• high earners
• tax planning
• wealth preservation
• deductions
• audit realities

Mentioned in this episode

Organizations: Financial Gravity, Excel Empire

More episodes of Owner's Profit Playbook

• You Don't Need More Downloads — You Need This · May 6, 2026 · 43 min
• Your Exit Plan is a Lie · April 29, 2026 · 44 min
• The Flexmethod, Retirement, and the Fear No One Talks About · April 22, 2026 · 51 min
• How Business Owners Can Turn Roth Accounts Into Tax-Free Wealth · April 15, 2026 · 44 min
• Business Valuation Secrets: How To Increase Your Company's Worth · April 1, 2026 · 47 min
• How To Lower Employee Health Benefits Costs Without Losing Coverage · March 25, 2026 · 50 min

Explore listener stats, chart rankings, contacts and more on the Owner's Profit Playbook podcast page.