A while ago, we showed you how to deduct the cost of work clothes and laundry services that you buy for yourself and your employees.
But in my new article, I’ll show you how to get a deduction for yourself even if you don’t offer a clothing/laundry benefit to all your employees.
In other words, to use the language of the tax law, we’ll show you how to “discriminate” perfectly legally.
You’ll get the whole money-saving story when you read my new article titled Tax Tips: Write Off Your Clothing and Laundry Expenses without Giving All Employees the Same Privilege.
Three ways our fact-filled article can help you:
- You’ll learn why antidiscrimination laws don’t apply. If they did, you’d have to explain to the IRS why you pay different salaries to different employees. If you want to take advantage of all the tax benefits coming to you personally, read the full article.
- We’ll tell you the good news for business owners. Uncle Sam doesn’t have a specific antidiscrimination rule for what’s called “working condition fringe benefits.” Which means, as the business owner, you can legally buy and deduct work clothes and laundry expenses just for yourself. You’ll get all the details when you read the full article.
- We’ll explain what “tax-law-approved work clothing” means. The work clothes you provide to employees, and the related laundry expenses, do qualify as a working-condition fringe benefit for your employees if three conditions are met. We’ll tell you what they are when you read the full article.