NAICS code: 561600
You guard other people’s properties. But what about your tax bills? If you do them the right way, you won’t be paying more than what’s required. There are so many expenses you can write off on taxes and reduce your tax bill. Read the below list of tax write-offs and defend yourself from a hefty tax bill.
To add another hectic task such as tax filing means adding more than they can handle to their workload. That’s why we are here to provide you with all the tax write-offs you can prepare beforehand and use to save money on your tax returns. This will ease the burden a little and you will be able to manage your stress while lowering your tax payment.
We have put together a list of the most common write-offs for security guards that you can use to deduct your expenses.
👕Uniforms
Write it off using: Schedule C, Box 27a
Any uniforms you’re required to wear on the job are considered tax-deductible.
🔦Security equipment
Write it off using: Schedule C, Box 22
Security and patrolling supplies, like flashlights and tasers, are tax-deductible.
🔫License to carry fee
Write it off using: Schedule C, Box 23
License fees to carry a weapon for work are considered tax write-offs.
⚠️Safety training
Write it off using: Schedule C, Box 27a
Any required training on safety protocols can be written off.
🤼Self-defense classes
Write it off using: Schedule C, Box 27a
If you take Krav Maga, karate, and other self-defense classes, these are tax-deductible.
📜Courses & certifications
Write it off using: Schedule C, Box 27a
Educational courses and certifications to enhance your skills are considered tax write-offs.
🗞️Trade journal subscriptions
Write it off using: Schedule C, Box 27a
Any subscriptions to trade journals related to your industry are considered tax write-offs.