Deducting your expenses as a home-based childcare provider can save you a lot of money at tax time. Unfortunately, more than 70% of providers are missing out on deductions and savings, according to this article. The reason is many home daycares don’t calculate their Time-Space Percentage accurately. Your Time-Space Percentage (T/S%) is the single most important
It’s that time of year again. Tax season. A time when many Americans scramble to get their paperwork in order and submit their taxes on time. For many people, tax season is a time of stress and anxiety. But it doesn’t have to be that way. If you’re a family childcare participant, there are some
As you all know by now, Tom Copeland is retiring in May of this year. Family childcare providers have come to rely on his expert advice to help them maximize tax deductions, file their taxes correctly, and so much more. Tom has a huge heart, and we are honored to have partnered with him over
Welcome to KidKare’s collection of Tax Tips for your family home childcare business. We will update this post each week with new tax tips to help get you through tax season as easily as possible. Note: This article is presented for information purposes only. Always consult a tax professional when filing your taxes. Tax Tip:
How Choosing Daycare Bookkeeping Software Impacts Your Business The first step to choosing the best daycare bookkeeping software for your home business is doing research. Invoicing, billing and keeping tabs on receivables are a chore that takes time away from your family. Bookkeeping software can save you time and effort and will benefit your business.
It’s tax season, and Tom Copeland, the nation’s leading expert on the business of family child care, is here to help. Tom has years of experience working with family child care providers, and provides excellent tax advice. If you are a KidKare user and want to receive even more advice and tips from Tom, join
Happy New Year from Tom Copeland, the nation’s leading expert on the business of family child care. Tom has years of experience working with family child care providers, and provides excellent tax advice. If you are a KidKare user and want to receive even more advice and tips from Tom, join the Child Care Business Partnership today