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Key Takeaways Entrepreneurs can rent their personal homes to their businesses for up to 14 days per year tax-free, leveraging the little-known Augusta Rule for substantial savings.
Self-education on the tax code turned a major financial blind spot into significant monetary preservation and compounding opportunities for savvy business owners.
The power of financial awareness and critical questioning can lead to the discovery of cost-saving measures, highlighting the importance of proactive financial engagement over passive neglect.
If you’ve been an entrepreneur long enough, you probably know that special kind of dread that arrives with tax season.
You’ve worked your tail off all year creating something out of nothing, signing checks before you can cash your own, betting on yourself again and again. Then it’s time to pay the bill. The IRS bill.
For most of my career, I just accepted it as part of the game. I told myself, “This is what success looks like.” Pay the tax, move on.
But a few years ago, I realized I had been doing something incredibly stupid for more than two decades. I was overpaying my taxes.
Related: These Are the Smartest Tax Strategies in 2025, According to a CPA
The rule I knew about and ignored
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