Daycare.com Forum Daycare Forum

Go Back   Daycare.com Forum > Daycare and Taxes

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.

Reply
 
Thread Tools Display Modes
  #1  
Old 01-25-2021, 06:34 AM
ginacarlisle's Avatar
ginacarlisle ginacarlisle is offline
Daycare.com Member
 
Join Date: Feb 2017
Location: Massachusetts
Posts: 13
Default EFTPS Enrollement

Hi, When I enroll in EFTPS do I enroll under business or individual? I am a family home daycare. Thanks
Reply With Quote
  #2  
Old 01-25-2021, 10:55 AM
Cat Herder's Avatar
Cat Herder Cat Herder is offline
Advanced Daycare.com Member
 
Join Date: Dec 2010
Posts: 13,750
Default

I enrolled under business because I did not want to keep giving out my social security number to families. The EIN number was worth it.
__________________
- Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.
Reply With Quote
  #3  
Old 01-25-2021, 10:55 AM
dolores's Avatar
dolores dolores is offline
Daycare.com Member
 
Join Date: Jan 2017
Location: New York
Posts: 271
Default

I am an LLC and do a 1040 and 8829. My accountant told me to set up EFTPS as individual because the income taxes the business generates is personal. So I did that.
Reply With Quote
Reply

Tags
ein, social security number, tax advice

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -7. The time now is 04:53 AM.



Daycare.com         Find A Daycare         List Your Daycare         Toys & Products                 About Us

Daycare.com
Please read our Disclaimer before continuing.

Topics pertain mainly to the following States:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming