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I'm not concerned about flagging my return for an audit. An audit is nothing more than a time and place where you have to prove what you have claimed. If I can legally claim a deduction then I should!
My question is, can I claim a $2k watch as a deduction? Where do we draw the line for tax deduction? I'm buying a watch because I need one to serve as a First Responder. Is there a legal limit on what I should be able to spend on such tool? Can I deduct a $200 Citizen? Or a $50 Swatch? I will most likely need to buy another radio since my county is going to a new trunking system thanks to national interoperability requirements. That handheld radio is in the same price range as an Omega Speedy.
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