ABSTRACT
One area often overlooked by safety and loss prevention professionals is the indirect cost savings of tax credits and deductions, as well as possible outside sources of potential funding for specic projects. Although most safety and loss prevention professionals are not accountants or tax advisors, most companies or organizations possess a tax “guru” who can often provide assistance to the safety and loss prevention professional in such areas, which can be important sources of funds to assist the safety and loss prevention professional nance projects; however, most tax credit and grant programs require strict adherence to the specic rules and regulations and often require extensive “paperwork” during the application phase and throughout the project.
