Forum: Daycare and Taxes
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Replies: 5
Views: 2,731
Posted By
TomCopeland
![]() No. You must save your business receipts for at least three years, in some states four years. This includes receipts for craft materials, curriculum, food (if you use the actual expense method), car,... |
Forum: Daycare and Taxes
![]() |
Replies: 5
Views: 2,731
Posted By
TomCopeland
![]() Many more providers will take the standard deduction and no longer itemize under the new tax laws. If so, there is no reason to keep receipts for medical expenses, charitable contributions, etc.... |