Daycare.com Forum Start a Daycare Kit LIST YOUR DAYCARE!

FIND A DAYCARE!

Facebook


Go Back   Daycare.com Forum > Daycare and Taxes

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.

Reply
 
Thread Tools Display Modes
  #1  
Old 06-22-2012, 02:20 PM
krosey5's Avatar
krosey5 krosey5 is offline
New Daycare.com Member
 
Join Date: Jun 2012
Posts: 15
Question When Do Hours Count?

I'm a new provider & I've been reading the Record-Keeping Guide. I have a question regarding hours worked. Can I claim hours that I spend away from home while at a training/seminar/conference OR just the mileage to & from the training?

What about CPR/First Aid training if the instructor came into my home? He was here 4 hours. Can I count those as hours worked?

Same with shopping, I can count the mileage, but not the actual time I spent shopping?

Thanks!
Reply With Quote
  #2  
Old 06-24-2012, 02:32 PM
krosey5's Avatar
krosey5 krosey5 is offline
New Daycare.com Member
 
Join Date: Jun 2012
Posts: 15
Default

Anyone???

I just want to make sure I'm tracking the right hours. I've been told one way & from reading the book, I understand it a different way. Wanna cover myself. Thanks
Reply With Quote
  #3  
Old 06-24-2012, 03:38 PM
snbauser's Avatar
snbauser snbauser is online now
Daycare.com Member
 
Join Date: Jan 2011
Location: Charlotte
Posts: 739
Default

Tom Copeland is the expert but in general you can count hours that you either have children present in your home or time that you are working on business related activities in your home. You can not count time you are away from your home, only the mileage to get there and the cost of the actual activity. If you think about you are using the hours to determine the amount of time you are using your house for your business in order to calculate the percentage of things like utilities that you are using for your business.
Reply With Quote
  #4  
Old 06-24-2012, 05:28 PM
krosey5's Avatar
krosey5 krosey5 is offline
New Daycare.com Member
 
Join Date: Jun 2012
Posts: 15
Default

Quote:
Originally Posted by snbauser View Post
Tom Copeland is the expert but in general you can count hours that you either have children present in your home or time that you are working on business related activities in your home. You can not count time you are away from your home, only the mileage to get there and the cost of the actual activity. If you think about you are using the hours to determine the amount of time you are using your house for your business in order to calculate the percentage of things like utilities that you are using for your business.
Thank you very much!

What about in home trainings? Like the CPR/First aid class that was done in the privacy of our own home or online trainings? Sorry, so many questions
Reply With Quote
  #5  
Old 06-25-2012, 08:22 AM
TomCopeland's Avatar
TomCopeland TomCopeland is offline
Business Author/Trainer
 
Join Date: Jun 2010
Location: St. Paul, Minnesota
Posts: 1,527
Default Hours

You can't count hours spent away from your home, but you can count hours spent on business activities in your home, such as online trainings or CPR/first aid done in your home.

You can't count time twice. So, if children are in your home and you are doing a CPR class in your home, you can't count the CPR class time because you already counted the time when children are there.
__________________
http://www.tomcopelandblog.com
Reply With Quote
  #6  
Old 06-25-2012, 04:50 PM
krosey5's Avatar
krosey5 krosey5 is offline
New Daycare.com Member
 
Join Date: Jun 2012
Posts: 15
Default

Quote:
Originally Posted by TomCopeland View Post
You can't count hours spent away from your home, but you can count hours spent on business activities in your home, such as online trainings or CPR/first aid done in your home.

You can't count time twice. So, if children are in your home and you are doing a CPR class in your home, you can't count the CPR class time because you already counted the time when children are there.
Thank you so much!!
Reply With Quote
  #7  
Old 07-15-2012, 06:22 AM
EchoMom's Avatar
EchoMom EchoMom is online now
Daycare.com Member
 
Join Date: May 2012
Location: Ohio
Posts: 566
Default

If I can't count the time grocery shopping for daycare (away from home) can I count the half hour each week it takes to put the groceries away (in home)???
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
What Are Your Part-Time Hours? Country Kids Daycare Center and Family Home Forum 13 08-24-2012 12:28 PM
I Need Some Ideas On How To Charge daymommy Daycare Center and Family Home Forum 11 02-22-2011 07:14 AM
Can I Count This Towards Hours Spent On Daycare...... Jewels Daycare and Taxes 3 01-26-2011 08:31 AM
New Daycare And MMK - When To Start Recording Expenses? Christophina Daycare Center and Family Home Forum 5 12-30-2010 05:10 AM
Help With Hours, Please!! Daycare_Mama Daycare Center and Family Home Forum 9 10-13-2010 03:29 AM


All times are GMT -7. The time now is 06:36 AM.



Daycare.com         Find A Daycare         List Your Daycare         Toys & Products                 About Us

Daycare.com
Please read our Disclaimer before continuing.

Topics pertain mainly to the following States:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming