Daycare.com 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 01-20-2018, 03:18 PM
CalCare's Avatar
CalCare CalCare is online now
Daycare.com Member
 
Join Date: Jul 2015
Location: California
Posts: 591
Default Question On Expenses, Calendar Keeper

Hi, Tom!? Hopefully you can see this and answer So, when I'm filling out all these lines of expenses in the calendar keeper, do I put the tax that I paid as well? For example March expense report, I have an art cart I bought for $11.99 plus $ .93 tax. In the spot, do I write 11.99 or 12.92? And then when I add all of March (for example), and then add all the months of expenses, do I ever add in the tax I paid?
Thank you!!
Reply With Quote
  #2  
Old 01-23-2018, 09:24 AM
TomCopeland's Avatar
TomCopeland TomCopeland is online now
Business Author/Trainer
 
Join Date: Jun 2010
Location: St. Paul, Minnesota
Posts: 2,773
Default Sales tax

Quote:
Originally Posted by CalCare View Post
Hi, Tom!? Hopefully you can see this and answer So, when I'm filling out all these lines of expenses in the calendar keeper, do I put the tax that I paid as well? For example March expense report, I have an art cart I bought for $11.99 plus $ .93 tax. In the spot, do I write 11.99 or 12.92? And then when I add all of March (for example), and then add all the months of expenses, do I ever add in the tax I paid?
Thank you!!
Include sales tax in the cost of items used for your business. I wrote an article about how to do this on receipts that have both business and personal expenses:http://tomcopelandblog.com/how-do-i-...-card-interest
__________________
http://www.tomcopelandblog.com
Reply With Quote
  #3  
Old 01-24-2018, 10:23 AM
CalCare's Avatar
CalCare CalCare is online now
Daycare.com Member
 
Join Date: Jul 2015
Location: California
Posts: 591
Default

Thank you!
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may post new threads
You may 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

Similar Threads
Thread Thread Starter Forum Replies Last Post
Tom- Inventory Keeper Question LittleScholars Daycare and Taxes 2 02-08-2016 10:32 AM
Inventory Keeper Question tenderhearts Daycare and Taxes 3 01-15-2015 01:38 PM
Blackcat 30 Day Mark on Calendar Question spud912 Daycare Center and Family Home Forum 7 07-24-2014 06:17 PM
MMK, Expenses, T/S% Question?? Lisa4kids Daycare and Taxes 2 01-23-2011 08:08 PM
Stumped-MMK Expenses Input Question legomom922 Daycare and Taxes 12 01-17-2011 08:54 AM


All times are GMT -7. The time now is 08:19 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