IRS 132 Independent Security Studies

Protect your executives – and your tax position – with credible, audit-ready independent security studies. We help companies justify executive protection benefits through structured, compliant IRS 132 assessments.

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What Is an IRS 132 Study?

IRS 132(f) allows businesses to provide executive protection as a non-taxable benefit, provided there’s a documented business necessity. The IRS requires a third-party independent security study to validate this necessity.

At R.L. Oatman & Associates, we conduct objective, data-driven studies that meet IRS guidelines – supporting your legal, HR, and finance teams with risk-based documentation that withstands audit scrutiny.

Why It Matters?

Document threats based on actual risk, not assumptions
Justify corporate spending on executive protection
Ensure IRS compliance with a third-party risk assessment
Reduce audit risk and legal exposure
Align HR, Legal, and Security under a unified framework

How We Conduct IRS 132 Studies

Initial Consultation

We review your current executive protection posture and determine the scope of assessment.

Risk Assessment & Data Collection

Includes interviews, threat history, travel analysis, public exposure review, and access to work/home environments.

Report Development

We build a structured, defensible written report that aligns with IRS 132(f) requirements.

Delivery & Advisory Support

We walk you through the findings and prepare your team to present it to auditors, legal, or leadership.

Why R.L. Oatman & Associates

With more than 20 years of experience conducting independent security studies, we’re trusted by Fortune 500 companies, family offices, and global leadership teams. Our reports are structured, confidential, and fully compliant with IRS 132 standards.