Why Nostr? What is Njump?
2024-12-31 19:56:39

satoshipacioli on Nostr: Business owners: Are you missing out on this tax-saving opportunity? šŸ šŸ’¼ The ...

Business owners: Are you missing out on this tax-saving opportunity? šŸ šŸ’¼

The Augusta Rule lets you rent your home to your business for up to 14 days a year, tax-free. Your business deducts the expense, and you pocket the income without paying taxes on it.

Example: Rent your home for $1,000/day x 14 days = $14,000 tax-free income while reducing your business taxes.

This works for meetings, events, or trainingsā€”but you must document everything and use a fair market rate.

Donā€™t leave money on the table. Letā€™s talk about how to make this work for you!
Author Public Key
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