Tax Deductions for Security Workers
Security workers, including security guards and officers, can claim tax refunds if they use their own transport for work. You may claim for your uniform, license, hotel stays, and food.
Maryland’s sales and use tax applies to charges for security services, including monitoring, detective, armored car, guard dog, bodyguard, and guard services.
Deductions to Claim
- meals and travel if working overtime
- parking, tolls, taxis, and transport if traveling for training
- phone and internet
- guard dog expenses if required for work
- sun protection costs
Home security expenses are usually not tax-deductible. If you work from home or use it as your business location, you may deduct part of these costs.
Security Guard Employment
Security guards have a right to fair conditions and base pay and can wear protective clothing, use reasonable force, and carry handcuffs.
Employment Benefits
- amount of training
Guards work at locations like malls, banks, and stores to stop theft and handle emergencies. Sharp focus and willingness to intervene are needed.
Pay Rates
Base rate starts at $22.28 daytime, up to $44.56 Sunday for full-time. Casual base rate starts at $27.85 daytime, up to $50.13 Sunday. Rates increase with experience levels.
Starting a Security Guard Company
Security guard company services and prices increase based on the number of guards.
Steps to Start
- Plan
- Form legal entity
- Register for taxes
- Open accounts
- Get permits and licenses
- Get insurance
- Brand your business
The job security is important in the insecure economic climate. Pay and benefits with the security job are good, so this likely determines whether the job is good.