Taxes
I'm new to this I want to open up a childcare center and I'm wondering what all the taxes I have to file. I want to make sure everything is covered so I don't get into trouble with the IRS. Please let me know what all the taxes I have to file.
-I know I will have quarterly taxes -Taxes taken out of pay checks -But what other taxes s there? Thanks |
Welcome to the forum! likethis
Suggest you view our Taxes section: https://www.daycare.com/forum/forumdisplay.php?f=8 |
On top of federal taxes, my state has a minimal small business tax. You must register for a minimum business license with the county clerk if you are exempt from state requirements to get licensed. (I am exempt with only 4 children at a time and do not have to register with the state). My tax rate is very affordable at about 0.000375% of revenue as a home daycare. Check your Secretary of State Business Website or with your County Clerk's Office to find out your local requirements.
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Taxes
Originally Posted by Nguild: |
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