What Is The Augusta Strategy And why it's NOT LEGIT

Some tax firms have been advertising on my channel and in response I've made you this video, so that you don't fall for tax preparers that profess "strategies" such as this... I'll break down what the August Strategy is and why it's not a legitimate strategy. I'll also talk a bit about hiring pros like this and the main thing to focus on for having all the money you need! Get ahold of the Business Comparison Spreadsheet Template (to calculate what type of business, saves you the most taxes) here: https://www.bizschool.coach/bestbizcourse Need help organizing your accounting & taxes? Get the FREE basic Business Spreadsheet template and training! https://www.amandarussell.mba/getthebusinessspreadsheet Alternatively, I have a complete accounting and tax solution *Master Your Accounting & Taxes*, which you can learn about here: https://www.bizschool.coach/18stepcourse VIDEOS YOU MIGHT LIKE: - S-corporation Calculator (how to know when the s-corp will save you taxes): /watch/AFkI4MNjuqUjI - What is the 20% Business Income Deduction? (known as "QBID"): /watch/4uHbEkrCCKWCb - Can I rent my apartment to my business? The "Augusta Strategy" Debunked: - HOW DO I PAY MYSELF IN MY BUSINESS [PART 1]: /watch/0lyJGFIfPV0fJ - 4 TAX SAVINGS STRATEGIES FOR OWNER PAY [HOW DO I PAY MYSELF IN MY BUSINESS PART 2] /watch/UeoX9K6O8bvOX - HOW TO OVERCOME PROCRASTINATION /watch/w6x3xc0TjTlT3 - THE EASIEST AND CHEAPEST WAY TO TRACK YOUR ACCOUNTING RECORDS (SOFTWARE VS. APPS VS. BOOKKEEPERS): /watch/IQyVDiuQLp1QV - S-CORPORATION CALCULATOR — When & How the S-corp Saves You Taxes! /watch/AFkI4MNjuqUjI DIY Tax Video Series - File Taxes Online For Free - Choosing free way to file for federal and state: /watch/wq387lx2qRy28 - STEP-BY-STEP TUTORIAL: Filing your taxes for free in any situation /watch/k2T1iLzvmtnv1 - STEP-BY-STEP TUTORIAL: How To File a 1099 Online For FREE /watch/Y6_PVO0f-OAfP - STEP-BY-STEP TUTORIAL: Home Office Tax Write-off - Worksheet for tracking /watch/k-OBkL_7-oF7B Other popular videos topics: - The Balance Sheet Explained: /watch/0pz9OEoRtXUR9 - What is a Holding Company? /watch/4r5mMDXhGfShm - Does the LLC save taxes? /watch/cy_qX4sAaRZAq - Sole Proprietor vs. LLC vs. S-corp: /watch/IJ__0p1viCtv_ - How Businesses are Taxed: /watch/YZPx2poQzq8Qx - 9 Short Steps to Create Your LLC: /playlist/PL6RQXhWqnQGEoKnvZXu9Jw84YQmvegmxA

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