Originally Posted by Vesta:
I know it wouldn't effect this year, but does anyone have any insite as to if the changes being proposed for the tax overhaul will change our ability to deduct for our small business/self employment expenses?
The loss of deductions is just for personal not for self employment, right? Please tell me I'm right.
I have not seen anything that would change what family child care providers can deduct as a business expense. When I know more what is being proposed, I'll be writing about it on my blog. So far, there are competing proposals that would affect everyone's personal taxes.