The Augusta Rule, identified by the IRS under Section 280A, permits homeowners to lease their property for a maximum of 14 days annually without the obligation to declare this rental income on their personal tax return.

Are you looking to grow your firm’s service offerings through lucrative tax advisory services? This course delves into the strategic utilization of the Augusta Rule for tax advantages. Designed for tax professionals, it offers a comprehensive understanding of how to leverage this rule for clients' benefit. The course covers the eligibility criteria, operational mechanics, common pitfalls, and practical examples of the Augusta Rule in action. Additionally, it highlights the critical role of supporting documentation and introduces the efficiency of using platforms like Instead for managing this tax position.

By participating in this course, you will gain the knowledge and tools needed to provide value-added tax positions like the Augusta Rule, enabling your firm's expansion into this rewarding area. 

Learning Objectives:

• Recognize the basic principles, benefits, and power of the Augusta Rule in tax strategy


• Determine which clients are eligible for the Augusta Rule and under what specific circumstances it can be effectively applied


• Describe how the Augusta Rule works in practice, including its implementation and operational nuances


• Identify typical mistakes and challenges associated with the Augusta Rule and list strategies to avoid these pitfalls


• Evaluate the significance of maintaining robust supporting documentation and recognize best practices in documentation management for compliance and efficacy