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Daycare and Taxes All things related to Taxes and running a Daycare post here. Topics of tax exemptions, forms, filings, tax write offs, IRS etc.

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Old 01-08-2020, 04:54 PM
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lily_v05 lily_v05 is offline
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Default Weekly Rate

Hi,

I need help writing a letter to parents notifying them that whether their child attends the whole week or one day they will be responsible to pay for the whole week. Unless they have a doctors excuse. We are having issues with kids being absent.
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Old 01-09-2020, 01:26 AM
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Welcome to the forum. Here are some threads on Weekly Rates: https://www.daycare.com/forum/tags.php?tag=weekly+rates
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Old 01-09-2020, 06:47 AM
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My policy states "Full-time rate is $150.00 per week due by Monday drop-off, in advance for the week. This full-time rate is due whether your child attends or not as you are securing your child’s slot. Center closure will be posted at least 30 days in advance with discounted tuition posted when applicable. Non-payment is subject to loss of slot until another placement becomes available. The waiting list is available but often takes several years for a slot to open up. I do not provide part-time childcare. Please initial here: X_______ "

I don't give discounts for their doctor's appointments, because I do give them for my own. Two-way street.

Each section is brief, simple and requires initials. My contract is short, my handbook gives fuller explanations and FAQ's. I have been working on getting rid of loopholes since the early 90's.
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Old 01-09-2020, 07:05 AM
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Quote:
Originally Posted by Cat Herder View Post
I have been working on getting rid of loopholes since the early 90's.
LOL!...me too. Everytime an issue comes up with a family that negatively affects the business, especially around finances, I update my contract AND handbook.
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Old 01-09-2020, 07:09 AM
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My handbook says

"Rates are based on enrollment. Credits are not provided based on attendance, time used or closures."

So all my families pay the same weekly rate 52 weeks a year.
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Old 01-09-2020, 07:16 AM
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Originally Posted by dolores View Post
LOL!...me too. Everytime an issue comes up with a family that negatively affects the business, especially around finances, I update my contract AND handbook.
It is relentless isn't it?? I am glad to hear I am not alone.
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Old 01-09-2020, 07:21 AM
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Quote:
Originally Posted by Blackcat31 View Post
My handbook says

"Rates are based on enrollment. Credits are not provided based on attendance, time used or closures."

So all my families pay the same weekly rate 52 weeks a year.
Still jealous of you.

The big centers here (3 now ) all still give sibling discounts, 2 weeks unpaid family vacation, and take subsidy. 4 illegal providers that the state has been aware of for over 10 years all offer pay to play, drop-in.
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Old 01-09-2020, 09:24 AM
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Thank-you
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