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Daycare and Taxes All things related to Taxes and running a Daycare post here. Topics of tax exemptions, forms, filings, tax write offs, IRS etc.

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Old 02-08-2012, 05:25 AM
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MommyofThree MommyofThree is offline
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Default Pay Quarterly

How do I go about telling the IRS I have a business and pay quarterly and nit at the end of the year.? I have an ein number but lost it so how do I get it again
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Old 02-08-2012, 10:06 AM
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TomCopeland TomCopeland is offline
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Default Pay quarterly

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Originally Posted by melissathayer28 View Post
How do I go about telling the IRS I have a business and pay quarterly and nit at the end of the year.? I have an ein number but lost it so how do I get it again
You don't ever tell the IRS you have a business. If you are filing quarterly, just send in the form. Call the IRS to find out what your EIN number is. I lost mine too once and called to get it.


Join me tomorrow (Feb 9th) for my webinar "2011 Family Child Care Tax Update: How to Reduce Your Taxes". For details:http://events.r20.constantcontact.co...&llr=yatrx4cab
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Old 02-08-2012, 10:09 AM
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MommyofThree MommyofThree is offline
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Originally Posted by TomCopeland View Post
You don't ever tell the IRS you have a business. If you are filing quarterly, just send in the form. Call the IRS to find out what your EIN number is. I lost mine too once and called to get it.


Join me tomorrow (Feb 9th) for my webinar "2011 Family Child Care Tax Update: How to Reduce Your Taxes". For details:http://events.r20.constantcontact.co...&llr=yatrx4cab
Thank you Tom I will!
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Old 02-08-2012, 11:20 AM
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MommyofThree MommyofThree is offline
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Default

Quote:
Originally Posted by TomCopeland View Post
You don't ever tell the IRS you have a business. If you are filing quarterly, just send in the form. Call the IRS to find out what your EIN number is. I lost mine too once and called to get it.


Join me tomorrow (Feb 9th) for my webinar "2011 Family Child Care Tax Update: How to Reduce Your Taxes". For details:http://events.r20.constantcontact.co...&llr=yatrx4cab
Won't the IRS know after I file? And y not?
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Old 02-08-2012, 04:56 PM
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TomCopeland TomCopeland is offline
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Default estimated Taxes

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Originally Posted by melissathayer28 View Post
Won't the IRS know after I file? And y not?
Once you file an estimated tax form (Form 1040ES) the IRS will then know you are in business.
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