Our Independent Security Study is a specialized assessment designed to help corporations and high-net-worth individuals comply with IRS Title 26, Code 132, which governs the tax treatment of employer-provided executive protection services.
By aligning your executive security program with IRS guidelines, this assessment enables your organization or individual clients to take full advantage of tax deductions for qualified personal security expenses. This is especially critical for executives, public officials, and individuals exposed to elevated risk due to their professional roles or public visibility.
Our evaluations are conducted by experienced members of McCarthy Byrnes, including retired agents of the United States Secret Service, bringing decades of state & federal law enforcement and protective operations expertise to every assessment.
Security Measures Eligible for Tax Advantage
Under IRS Code 132, companies can deduct a wide range of security-related expenses, including:
- Physical Security Enhancements
Installation of residential security systems, surveillance equipment, and deployment of on-site security personnel. - Secure Transportation
Use of company-paid drivers or exclusive travel by private aircraft for executives facing elevated risk. - Cybersecurity Protections
Removal of personal data from public databases to prevent doxxing, identity theft, and targeted cyber threats.
The McCarthy Byrnes team collaborates directly with your company’s Chief Financial Officer (CFO), in-house counsel, and tax professionals to ensure our detailed security assessment report not only meets—but exceeds—the compliance standards outlined in IRS Title 26, Code 132. This integrated approach strengthens your ability to claim tax deductions for executive protection services while aligning with federal regulatory requirements.
Comprehensive Security Risk Assessment
McCarthy Byrnes comprehensive security assessment includes:
- Detailed analysis of current executive protection measures
- Actionable recommendations for improvement
- Strategic guidance aligned with IRS compliance
- Industry best practices for full-service security programs
An Independent Security Study supports the development of a full-service executive security program that meets IRS compliance standards and maximizes your ability to leverage tax benefits for personal security.
