Dr. Friday 0:00
Good day. I’m Dr. Friday president of Dr. Friday’s tax and financial firm. To get more info go to www.drfriday.com. This is a one-minute moment.
Dr. Friday 0:12
I love this question. I get asked this question at least a few times every time I prepare a tax return every month. “Can I deduct my dog as a security system?” And I love it because I mean, I’m a dog lover. You guys all know that. I’ve got two beautiful Great Danes. And no, they are nothing more than my babies. That’s all they are. I would love to take their food bill off. Come on, guys. 180 pounds worth a dog isn’t exactly a cheap thing to feed. But that being said, if your dog is not actually walking around the outside of your building securely, and it’s not a family pet, then yes, it’s security. But if it’s your best buddy, sorry, you can’t deduct your pets.
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