View Single Post
284878 09:32 AM 01-01-2020
Originally Posted by Julia2:
I just started with my home license daycare, I started from scratch, I just have my son old toys to start a home daycare, I will need bouncer, little table, more toys, outdoor toys, etc are all those go into tax deductions, my son doesn’t need anything, he is a 8 years old, for now I am going to goodwills to get things for my home daycare that will be open in 3 months, but the license will take one month more to get it, what is your recommendation in my case, an accountant toll me no to purchase any until I have the license but I northerlies to get the license in MD I have to have practically everything ready to pass the inspection, I am a bit loss, thank you,
Again I believe your accountant is wrong. I was able to claim everything I bought/ paid for to open.
This year I took a conference by Tom and he talked about how I can (could have) written off my daughter's old toys that became daycare toys.
So I recommend you to talk to Tom.
Reply