Forum: Daycare and Taxes 02-25-2014, 11:01 AM

Replies: 5 Unconventional Way to Pay an Assistant? Views: 4,132 Posted By TomCopeland Hiring sister The best way to handle this is as a personal, not business relationship. Your sister volunteers to work for you. You help your sister out by giving her some housing and food. You can't deduct what...

Forum: Daycare and Taxes 02-25-2014, 10:59 AM

Replies: 5 Unconventional Way to Pay an Assistant? Views: 4,132 Posted By TomCopeland Hiring sister The reason I wouldn't do this is because then the provider must do withholding taxes and probably need to purchase workers compensation insurance and report the $500 as income.