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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 01-14-2011, 08:34 AM
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Default Baked goods as gifts to DCM's? Write off?

I know its food, but if you make baked breads, cookies, etc, can we write off the costs of buying these items too when they are for gifts to DCM's?
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Old 01-14-2011, 02:31 PM
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You can deduct as a gift food you give to parents to take home. You should only deduct up to $25 per parent per year as a gift. This is not included in the standard meal allowance because the food is a gift, not food served to children.
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