How to beat IRS Legally

How to beat IRS Legally

From The Practical Wealth Show by Curtis May

April 23, 2026 · 47 min

About this episode

Curtis May and Ed Lyon discuss tax strategies for high-income business owners and the importance of proactive tax planning.

This episode is not for everyone. If you're a business owner earning $500K+ and your CPA isn't proactively helping you reduce your tax burden… you're likely leaving serious money on the table. In this conversation with Ed Lyon , we break down: Why most tax strategies never get implemented The difference between compliance and real planning Where high-income business owners lose the most money How to start thinking differently about tax efficiency and control Here's the truth: Most advisors operate in silos. And that lack of coordination is expensive. If you want better outcomes, you need a better system. 👉 If you think this applies to you, schedule a private strategy session: https://practicalwealth.net/FreedomSession

People in this episode

Host: Curtis May

Guest: Ed Lyon

Topics covered

  • tax strategies
  • business owners
  • tax efficiency
  • financial planning
  • high-income earners

Keywords

  • tax burden
  • CPA
  • tax efficiency
  • financial outcomes
  • business taxes

Mentioned in this episode

Organizations: IRS

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