We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode 14 \\ Tax Savings Made Simple: The 14-Day Rule That Could Save You Big

14 \\ Tax Savings Made Simple: The 14-Day Rule That Could Save You Big

2022/12/14
logo of podcast SMALL BUSINESS FINANCE– Business Tax, Financial Basics, Money Mindset, Tax Deductions

SMALL BUSINESS FINANCE– Business Tax, Financial Basics, Money Mindset, Tax Deductions

Shownotes Transcript

Are you tired of overpaying on your taxes and looking for a smart, legal way to save? This episode dives into the "Augusta Loophole," a powerful tax strategy that allows business owners to rent their home to their business for up to 14 days per year—tax-free! Learn how this strategy works, why it’s legal, and the steps you need to take to do it the right way.

From hosting board meetings to company events, find out how to turn your home into a tax-saving tool while staying compliant with IRS rules. Plus, discover how to document your meetings, set fair rental rates, and issue the proper forms to maximize your savings. Don’t miss this opportunity to learn a simple yet impactful strategy that can lower your tax bill!

 

Next Steps:

💰Download: The Ultimate Guide to Reducing Taxes )💰

☎️ Are you overpaying in taxes every year?  Schedule a FREE discovery call) to find out!

📧 Contact Me --> [email protected] 

📲 Follow me on IG @ the.tiffany.p.cpa