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Old 06-29-2018, 07:06 AM
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lovemykidstoo lovemykidstoo is online now
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Default Time Space Ratio

I am using the KidKare software for expenses. I just looked up my time/space ratio and it was at 36.88%. Does that seem high? I use 30 minutes in the morning and 30 minutes in the evening 5 days a week for prepping and cleanup, usually an hour on Saturday for end of the week bookkeeping, 2 hours for sanitizing the toys, vacuuming the playroom, wiping down outside toys, laundry for the portacribs. Maybe an hour here and an hour there for anything else and I have kids 50 hours a week. Just don't want to raise any red flags with IRS even though I'm really not padding my numbers.
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Old 06-29-2018, 09:26 PM
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Originally Posted by lovemykidstoo View Post
I am using the KidKare software for expenses. I just looked up my time/space ratio and it was at 36.88%. Does that seem high? I use 30 minutes in the morning and 30 minutes in the evening 5 days a week for prepping and cleanup, usually an hour on Saturday for end of the week bookkeeping, 2 hours for sanitizing the toys, vacuuming the playroom, wiping down outside toys, laundry for the portacribs. Maybe an hour here and an hour there for anything else and I have kids 50 hours a week. Just don't want to raise any red flags with IRS even though I'm really not padding my numbers.
Mine’s 42 . It sound about right. I have kids 530am-630pm, plus other work activities and I host provider cpr classes and meetings.
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Old 07-03-2018, 08:31 AM
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Default time-space%

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Originally Posted by lovemykidstoo View Post
I am using the KidKare software for expenses. I just looked up my time/space ratio and it was at 36.88%. Does that seem high? I use 30 minutes in the morning and 30 minutes in the evening 5 days a week for prepping and cleanup, usually an hour on Saturday for end of the week bookkeeping, 2 hours for sanitizing the toys, vacuuming the playroom, wiping down outside toys, laundry for the portacribs. Maybe an hour here and an hour there for anything else and I have kids 50 hours a week. Just don't want to raise any red flags with IRS even though I'm really not padding my numbers.
Your percentage is about average. Claim all of these hours. As long as you have a record showing these hours, don't worry about an audit. I've won audits where providers had many more hours.
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