When it comes to staying below the 40% tax threshold, there are a few strategies you can consider. One key strategy is to maximize your deductions and tax credits. This can include taking advantage of deductions for mortgage interest, charitable contributions, and eligible business expenses. Additionally, you can look into tax-efficient investment options, such as tax-advantaged retirement accounts or municipal bonds, which can help reduce your taxable income. Another approach is to carefully manage your income sources and timing. By spreading out your income or deferring certain earnings, you may be able to keep your taxable income below the 40% tax threshold. It's important to consult with a tax professional to ensure you're taking full advantage of all the available strategies.