Feeding children every day is one of the biggest costs of running a family child care. Whether you’re already on the Child and Adult Care Food Program (CACFP) — or not quite ready yet — you do have ways to recoup a portion of what you spend on food. This post explains the two financial “roads” you
Childcare providers already understand the Time/Space Percentage — it’s a core part of running a home business and preparing for tax season. But because the workday is long, routines are packed, and responsibilities never end, it’s easy for smaller details to slip through. The truth is: you’re doing Time/Space already — but you may be too
Every home childcare provider knows this moment. You open a drawer. Or a shoebox. Or your photo gallery. And you realize: “My receipts are everywhere… and tax season is coming.” You’re not alone. Most providers face tax time with a pile of scattered receipts, missing proof of payment, and questions about what the IRS actually
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
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
As we gear up for tax season, we know how crucial it is for family childcare providers like you to have the right tools in place for stress-free financial management. That’s why we’re here to share valuable tax tips and helpful solutions. Note: This article is presented for information purposes only. Always consult a tax
How are you paying your sites right now? Chances are, you have accounting software and let another department handle it. We have another question for you: Do you allow your sites to record all meals served—not just the claimable ones? If you answered with a yes, followed by a no, then your sites are missing
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
