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The Augusta Rule: A Guide to Tax-Free Rental Income

The Augusta Rule: A Guide to Tax-Free Rental Income

by Blessing Obasuyi | Aug 13, 2026 | Tax Planning

The IRS doesn’t hand out too many tax breaks that sound too good to be true, but the Augusta rule might be one of them! A rental under 14 days may be the hack needed to reduce taxable income, but it comes with limits of course. The Origin Each year, since the 1970s,...
A Guide to the Chart of Accounts & How It Could Be Costing You Money

A Guide to the Chart of Accounts & How It Could Be Costing You Money

by Blessing Obasuyi | Aug 10, 2026 | Accounting, Small Business

You’re in your third year of business and fully immersed in serving your clients and growing your company. The numbers? They’ve taken a back seat. While you’ve hired an accountant to manage your books, you’re not entirely sure what happens...
Underestimating Expenses & Overestimating Profit: A $10,000 Bookkeeping Mistake

Underestimating Expenses & Overestimating Profit: A $10,000 Bookkeeping Mistake

by Blessing Obasuyi | Jul 29, 2026 | Accounting, Small Business

As a business owner, you rely on your financial statements to make important decisions. Whether you’re applying for a loan, setting prices, hiring employees, or planning for taxes, the numbers in your books should tell the true story of your business....
When to Start Drawing Social Security (Considering Three Major Updates in 2025)

When to Start Drawing Social Security (Considering Three Major Updates in 2025)

by Blessing Obasuyi | Dec 30, 2025 | Individual Tax

Deciding when to start drawing Social Security is one of the most important financial decisions retirees faces, especially in 2025, as several policy shifts and economic factors are reshaping the landscape. At a glance:   Individuals can start drawing social...
Top 8 Factors to Consider When Married Filing Separately

Top 8 Factors to Consider When Married Filing Separately

by Blessing Obasuyi | Aug 19, 2025 | Individual Tax, Tax Planning

While Married Filing Jointly (MFJ) is often the default for married couples, there are strategic scenarios where Married Filing Separately (MFS) can offer distinct advantages especially for earners managing complex financial portfolios, risk exposure, or long-term...
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  • The Augusta Rule: A Guide to Tax-Free Rental Income
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