Giving back feels good — but did you know it can also be good for your taxes ? If done right, charitable contributions can lower your tax bill  while supporting the causes you care about. It’s not just about generosity — it’s about strategy . Let’s break it down. What Counts as a Charitable Contribution? The IRS allows you to deduct donations made to qualified organizations  like: Nonprofit charities (501(c)(3) organizations) Religious organizations Educational institutions G

Renting your home to your business. And keeping that rental income tax-free. Sounds made up, right? It’s not. The Augusta Rule (IRS Section 280A(g)) can let homeowners earn up to 14 days of rental income without reporting it. If you’re a business owner, it can also create a clean deduction for your company. Here’s how it works, what counts, and how to document it the right way.