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lovemykidstoo 12:20 PM 04-06-2018
Originally Posted by TomCopeland:
The $25 limit per child only refers to gifts to children, not supplies. You can categorize expenses however you want. My book Family Child Care Record Keeping Guide lists over 1,000 deductions. See also my article: http://tomcopelandblog.com/whats-ded...-care-business
Thank you Tom. I'm going to buy your book! Can you tell me how t/s is figured? My tax person used 23% to take off on utilities, taxes ect, but I figured 28%. I wanted to see who did it right.
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