YOU ASK:

Can you deduct pet liability insurance for business taxes?

WE ANSWER:

No, pet liability insurance is not considered as part of your business tax deductions. Pets are considered personal property and are not part of your business.

The only instance where you may deduct pet liability insurance for business taxes is when you are using animals in the course of doing business. This is applicable for those who own pet shops, companies that rent out animals to act in movies and security companies that make use of dogs. In these cases, pet liability insurance is part of your business expenses and may be deducted from your business taxes.

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