Originally Posted by TomCopeland:
You are not doing anything wrong. What other providers deduct should not be used as a guide to what you can deduct. When you buy something that is used by both your business and your family, use your time-space% and you'll be fine.
I definitely need more deductions. So far I have under the t/s utilities, homeowners insurance, taxes, cable/phone, Under my 100% I have business supplies (which I include training, items like cots/beds, bottles etc), gifts (which we can only do $25 per year per child right?), mileage, daycare liability insurance.
Reading through these threads. How do I categorize toilet paper, paper towels, paper plates, napkins, laundry soap because I was the bed linens, blankets etc, can I do dish soap, hand soap things like that that are non-food that we share with the daycare kids. Also thing for outside like salt to melt the ice, Anything else that I missed?