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Augusta Rule

Augusta Rule vs. Home Office Deduction

By Blog, Business, Tax Deductions No Comments
As a business owner, you’re always on the hunt for smart ways to save on taxes—it’s practically a part of the job description. You’ve probably explored the usual suspects, like the home office deduction, a go-to strategy for LLC owners who run their businesses from home. It’s straightforward, familiar, and a solid option for reducing your tax burden. But what if there were a more…
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Corporate Rent

By Blog, Profit First
Do you understand how the concept of corporate rent works?   Today we are taking a look at a beloved tax strategy that we have used for years, we call it Corporate Rent or the Augusta rule.   The rule was create in Augusta, Georgia, which is where they have the Masters golf tournament every year. During the time period of the tournament they get…
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