🐶 Wealth Tip of the Day: Can You Deduct Your Dog as Home Security?
We love a good tax loophole — but trying to write off your golden retriever as a “security system”? That’s barking up the wrong IRS tree. 🐾💸 Here’s the scoop: - 🛑 No, your dog isn’t a deductible expense — even if he barks at strangers and sleeps by the door. - 🐕🦺 Guard dogs for business use (think junkyard Rottweilers) can be partially deductible — but your couch-loving labradoodle? Not so much. - 🧾 Trying to claim your pup could trigger an audit faster than you can say “who’s a good boy?” 💡 Real tip: If you want to protect your home and your wallet, invest in a legit security system — and keep your furry friend off your Schedule C. Want more spicy tax truths and financial clarity without the fluff?👉 Join the Uncertified Financial Planner™ community and get real advice, no sales pitch. #WealthTipOfTheDay #TaxTeaSpilled #DogNotADeduction #FinanceUnfiltered #ClarityOverChaos #UncertifiedFinancialPlanner