52 \\ Augusta Loophole Explained: Home Office Rentals, IRS Rules & Red Flags

In this episode of the Small Business Finance podcast, Tiffany answers a listener’s question about whether having two rental agreements—one for a commercial kitchen and one for a home office—could trigger IRS red flags. She explains the Augusta loophole, how it differs from the standard home office deduction, and when it’s legitimate to rent your home to your business for planning meetings, training, or shareholder meetings. Tiffany shares practical guidance on documenting rental agreements, separating personal and business expenses, and how to stay compliant while reducing taxes. If you’re a small business owner navigating rental agreements or want to understand how to use the Augusta loophole without risk, this episode gives clear, actionable cpa tax advice and tax strategies to protect your business.

 

Episodes mentioned in the podcast:

🎧 Episode #2 - "Top 5 Tax Deductions for Entrepreneurs"

🎧 Episode #47 - "Unlock Tax Savings | #1 Small Business Tax Deduction"

🎧 Episode #14 - "#1 Tax Reduction Strategy for Small Business Owners"

 

Next Steps:

💰Pay Less in Taxes – Start Here! 💰

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

📧 Contact Me --> hello@phillipsbusinessgroup.com 

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