Law Enforcement Most Overlooked Job Related Deductions
Transcript of Law Enforcement Most Overlooked Job Related Deductions
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Law Enforcement
Tax Return ExpertsPresents
Most Overlooked Job Related Deductions
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First Year in Law Enforcement Professional’s Career
Most Academy Students Do Not Know
➢ What can be Deducted on Tax Returns
➢ Totals commonly exceeds the Standard
Deduction
➢ Total of Itemized Deduction
can change the Tax by
Hundreds of $$$’s
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What is Standard DeductionFor 2015?
Filing Status
Amount
Single $6,300 Married
$12,600
Head of Household $9,250
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What are Itemized Deductions ?
➢ State Taxes Paid Income Tax, Property Taxes
➢ Car/Truck DMV License
➢ Mortgage Interest Home Loan
➢ Donations Cash or Non-Cash
➢ Job Expenses See our Worksheets
**Advantage to Exceed Standard Deduction
Lowers Tax Due
Itemizing is recording allowed “Deductions on Schedule A”
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Commonly Missed Deductions
○ Communications
○ Uniform, Gear & Equipment Purchases
○ Temporary Job Site Travel
○ Cleaning of Uniforms
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Communications○ Personal Cell Phone Use for Job
○ Private Communication Device○ For Job only or Family Plan
○ When communications usually happen○ Emergency Call-in – Need more workers○ Other workers not able to cover shift○ Special Event Coverage – Staff Shortage
○ Types of communications on Private Device○ Text Messages○ Voice Recordings○ Emails○ Direct Communications
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Our Office Knows
○ Federal Law that allows Deductions
○ When the deduction is Qualified
○ What is allowed to be deducted
○ How to record the expense on Tax Return
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Law Enforcement Discounts
○ We give rewarding discounts
○ Student Discounts (Posted on Website)
○ Discounts to Firefighters $ 50
○ Discounts for Referrals $ 50 Each
Our Tax Office wants to be your Tax Service
Professional
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Hire Tax Professional or Use Online Tax Software?
What Turbo Tax & H & R Block will not do:
○ Identify items Law Enforcement Professionals can deduct
○ Explain the deductions allowed○ Alert about special rules that apply to
your Job Related Deductions○ Ask detailed questions to ensure best
result○ Know how to record correctly