Tax

Daycare Tax Tips Questions Answered by Tom Copeland Part 2

February 7, 2012

Tweet Tweet Filing daycare taxes can be a daunting process, especially for a new daycare business owner. So we enlisted the help of Tom Copeland, tax and child care business specialist, to answer tough tax questions and provide helpful daycare tax tips. Question: I just started and this past year I was finally able to write [...]

Read the full article →

Daycare Tax Questions Answered by Tom Copeland Part 1

February 6, 2012

Tweet Tweet Filing daycare taxes can be a daunting process, especially for a new daycare business owner. So we enlisted the help of Tom Copeland, tax and child care business specialist, to answer tough tax questions and provide helpful daycare tax tips. Question: I have a weekday job Monday through Friday so that’s a different income. [...]

Read the full article →

Daycare Business Tax Tips Part 2

January 24, 2011

Tweet Tweet Filing daycare taxes can be a daunting process, especially for a new daycare business owner. So we enlisted the help of Tom Copeland, tax and child care business specialist, and author of the 2010 Family Child Care Tax Workbook and Organizer, to answer those tough tax questions and provide helpful daycare tax tips. [...]

Read the full article →

Daycare Business Tax Tips

January 20, 2011

Tweet Tweet Filing daycare taxes can be a daunting process, especially for a new daycare business owner. So we enlisted the help of Tom Copeland, tax and child care business specialist, and author of the 2010 Family Child Care Tax Workbook and Organizer, to answer those tough tax questions and provide helpful daycare tax tips. [...]

Read the full article →

Record Keeping Guidelines for Daycare Business Income Taxes

January 12, 2011

Tweet Tweet Starting a daycare business is a wonderfully rewarding career. However, record keeping and filing taxes for your daycare business can be daunting and confusing. What records do you need to keep? How long do you need to keep records and receipts? In this brief guide, you will find general guidelines for record keeping [...]

Read the full article →

Daycare Tax Write-Offs: Direct and Indirect Expense Deductions

January 10, 2011

Tweet Tweet One of the benefits of owning your own business is the ability to write off or deduct business expenses. As a daycare business owner you are entitled to literally hundreds of deductions that you can claim to reduce your taxes. When you own a family daycare business, you will have both direct and [...]

Read the full article →

Income Tax Deductions and Childcare

June 28, 2009

Tweet Tweet It is imperative to know that the federal government issues a reduction of your taxes in three different ways. • When you have a dependent child / children, your taxes can be lessened. A dependent is any person of minor age who is living with you for more than half of the year. [...]

Read the full article →

Attaining a Daycare Tax Deduction

May 13, 2009

Tweet Tweet If you have your own children to take good care of and for some reason you have decided to help other parents to take care of theirs too. You have decided to run a daycare service right in the comforts of your home. There is good news with this because you can apply [...]

Read the full article →

How to Start Daycare Tax Reduction

April 14, 2009

Tweet Tweet How do you actually start claiming a daycare tax deduction? Although you already have your children to take care of, you still decided on helping other parents and guardians out there to take care of their child or children in order for you to earn your income. Simply put, you have decided to [...]

Read the full article →

Tax Deductions For Home Daycare And Child Care Providers

March 1, 2009

Tweet Tweet The cost incurred for food and supplies for a home daycare and childcare business can be deducted on the business’ taxes and most child care providers are very much aware of this fact. Some even know they can take a substantial mileage deduction. But many home daycare providers miss some large deductions that [...]

Read the full article →