|
|
LIST YOUR DAYCARE!
FIND A DAYCARE!
|
|
|||||||
| 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. |
 |
|
|
Thread Tools | Display Modes |
|
#1
03-01-2011, 12:22 PM
|
||||
|
||||
Question About Bank Deposits - TOM
Ok my question today is every week I go to the bank and deposit my daycare check AND my husbands check at the same time do I enter something for mileage for this.. How do I determine this I have to go to the bank to dep the money from both but dont want to waste my gas to do it in two trips so is this just better left and not deducted? and where would i enter this in mmk if I would do this? Please advise
|
|
#2
03-01-2011, 12:38 PM
|
||||
|
||||
|
Did you get a chance to see Tom's webinar yesterday? There is also a CD and Pioweroint presentation available for those that may gave missed it.
|
|
#3
03-01-2011, 01:13 PM
|
||||
|
||||
|
Bank deposits
You can claim a trip as a business trip if the primary purpose of the trip was business. Since you are depositing a business and personal check each time, the question is "what's the primary purpose?" It looks like 50-50. If so, you can't claim the miles because it's got to be at least 51% business. Maybe you should take every other trip as a business trip.
__________________
http://www.tomcopelandblog.com
|
|
#4
03-01-2011, 01:46 PM
|
||||
|
||||
|
Did you get a chance to see Tom's webinar yesterday? There is also a CD and Pioweroint presentation available for those that may gave missed it.
|
|
#5
03-01-2011, 04:50 PM
|
||||
|
||||
|
I didnot get to see it as I was at parent teacher conferences.. pout. I read the questions and answers he responded to. Is the cd going to give me more info than what I read online pertaining to this?( i read his answeres and others questions) i have his record keeping book already . so if the info is the same then i wouldnt need it. if there is more info that is extremely usleful then I would consider buying the cd.. any one who watched this can chime in please
|
|
#6
03-02-2011, 12:37 PM
|
||||
|
||||
|
Bank deposits
The webinar presentation did cover a lot more than is reflected in the questions and answers I posted on my blog. You would get a copy of the power point and handouts.
__________________
http://www.tomcopelandblog.com
|
|
| Tags |
| bank account, deposit |
| Thread Tools | |
| Display Modes | |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Question Regarding Bi-Weekly Pay | lovemykidstoo | Daycare Center and Family Home Forum | 12 | 09-19-2012 03:21 PM |
| Dumbest Question Of The Year.... | Countrygal | Daycare Center and Family Home Forum | 14 | 09-01-2012 05:08 AM |
| New With a Question | kiddosnme | Daycare Center and Family Home Forum | 18 | 07-21-2010 01:42 PM |
| School Age Drop in Question, School Bus Question | WImom | Daycare Center and Family Home Forum | 5 | 07-20-2010 05:20 AM |
| question please help training hours | Unregistered | Daycare Center and Family Home Forum | 0 | 11-06-2009 03:27 PM |
Linear Mode
