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
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:
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