April 16, 2024 at 10:36 pm

Tax Advisor Shared A “Dog” Write-Off Hack That Most People Don’t Take Advantage Of

by Matthew Gilligan

Source: TikTok/@healerofwallets

This is good to know!

A man who works as a tax advisor shared a video on TikTok and offered a pro tip about a certain something that people might be able to write off on their taxes.

He started the video with a stitch from another TikTok user who asked, “What’s something you found out late in life that you should have known earlier, but you just didn’t?”

Source: TikTok/@healerofwallets

The man responded by telling viewers, “Let’s say you have a small business or side hustle. You have a lovable pooch that you just can’t live without. You can write them off on your taxes as a service to the business. It can be positioned as either a guard dog or a certified medical service animal.”

Source: TikTok/@healerofwallets

He added that it’s important to keep track of purchases and receipts, but if people go this route, they can also write off pet-related expenses like food.

Source: TikTok/@healerofwallets

Here’s his video.


Rich people write off their dogs on their taxes.. And so can you! its 2024 and almost everyone out here has two things: 1. A side hustle adding money to the house. 2. a pet that’s taking money out. Here’s how you can write that fluffy, lovable, freeloader off on your taxes! Follow @HealerOfWallets for all things money. newyork nyc taxes taxseason taxestaxestaxes financetips financenews pet petlovers personalfinanceforwomen personalfinance personalfinacetips

♬ original sound – Personal Finance Edutainer – Personal Finance Edutainer

And here’s what folks had to say on TikTok.

One viewer nailed it.

Source: TikTok/@healerofwallets

Another individual thinks this might not be the best idea…

Source: TikTok/@healerofwallets

And one TikTokker is thinking about it…

Source: TikTok/@healerofwallets

Put that dog to work!

Good to know!

Now that you’ve read that story, check out this one about a delivery driver who took a $400 grocery order back because she wasn’t given a tip.