Tax Deductions
Would it be worth it to start a thread listing deductions we can take?
Just curious what you all think? I always feel as if I'm missing something.:o |
Originally Posted by legomom922: https://www.daycare.com/forum/showthread.php?t=27284 Definitely worth adding more to the list! likethis |
Originally Posted by Blackcat31: I do a lot of stuff while the kids are here but there are some things I need to start writing down. I do need to keep better track of when I am planning crafts after hours, times I am sanitizing toys on weekends and entering all meal counts and what not. A lot of the grey area stuff is what confuses me. |
Wait you can claim all these?? My lady told me we can only claim an hour before and an hour after that we are open?!
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Originally Posted by BrightBeginnings2014: FULL of tax info and business info that is necessary and vital to your business. http://tomcopelandblog.com/ |
Originally Posted by storybookending: Honestly, I wouldn't shovel at all if I didn't have daycare... and I live in one of the snowiest states out there. |
Originally Posted by storybookending: These can include:
^^ Taken from http://tomcopelandblog.com/deducting-outdoor-expenses |
Originally Posted by Blackcat31: |
Originally Posted by Blackcat31: |
That was nice of you, Michael. Thanks.
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hours worked
Originally Posted by BrightBeginnings2014: |
Deductions
Originally Posted by Josiegirl: |
Originally Posted by TomCopeland: |
Hours
Originally Posted by BrightBeginnings2014: the particular case. " See: https://www.irs.gov/pub/irs-utl/child_care_provider.pdf This is an important issue that will make a big difference on your taxes. There are other IRS authorities that support claiming all the hours you are working. If your tax person won't allow you to claim these hours, find another tax preparer. Call me at 651-280-5991 for further help. |
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