No. of Recommendations: 1
As a slightly more extreme option ....

If one of you became self-employed (contracting back to your current employer as well as others?) there is a very real possibility that you could shelter more of your income. If contracting is a possibility, you need to read IRS publications 334, 535, and 560 and then plan to spend a couple of hours discussing all the questions from your reading with a good tax accountant. And then do some more studying.

You would also need to become proficient with your federal income taxes overall so that you understand how various decisions might affect those taxes.

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