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Economy

Your business guard dog may qualify for a tax deduction

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Finally, a tax loophole that rewards you for owning a terrifying canine. According to IRS rules, if a guard dog is used primarily for protecting a business, the costs of keeping that dog—including food and vet bills—can be written off as a security expense. The only catch is you can't claim your fluffy Golden Retriever; the IRS implicitly demands the dog actually be somewhat intimidating.

Your business guard dog may qualify for a tax deduction
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