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Accounting - Family Child Care Record-Keeping Guide, Ninth Edition (Redleaf Business Series)

Description

Book Synopsis: For home-based family child care (daycare) providers, taking care of the children is only half of the job. The other half is taking care of the business—tracking expenses, being profitable, filing taxes, and meeting government requirements. This resource covers everything family child care providers need to keep accurate business records. If a family child care provider pays close attention to the recommendations in this book, he or she will be able to claim the maximum allowable deductions and pay the lowest possible federal taxes.Since the previous edition of Family Child Care Record-Keeping Guide, Congress and the IRS have made many changes to tax rules that affect family child care providers. There have been changes in depreciation rules, adjustments to food and mileage rates, and clarifications on how to calculate the Time-Space percentage. Author Tom Copeland has been involved in many IRS audits and represented providers in several Tax Court cases that have also clarified numerous rules. Further necessitating this ninth edition, the IRS issued two significant new rules in 2013. These updates, new rules, and clarifications are detailed in this book; all of the information is applicable to child care providers in every state, regardless of local regulations.Tom Copeland, JD, is a writer, trainer, lawyer, and consultant focusing on family child care business issues. He has conducted record-keeping, tax preparation, and business workshops for family child care providers across the country since 1981.

Details

Are you a family child care provider struggling to keep track of your business expenses and meet governmental requirements? Look no further than the Family Child Care Record-Keeping Guide, Ninth Edition. This comprehensive resource is designed to help you stay organized and maximize your deductions, resulting in the lowest possible federal taxes. With the recent changes to tax rules, including adjustments to food and mileage rates, there's no better time to update your knowledge and ensure you're following the latest regulations.

With the expertise of author Tom Copeland, JD, a renowned writer, trainer, lawyer, and consultant, you can trust that this guide is packed with valuable insights. Drawing from his extensive experience and involvement in IRS audits and Tax Court cases, Copeland has provided clear explanations and clarifications on various rules and regulations. Whether you're new to the industry or a seasoned provider, this ninth edition covers all the essential information applicable to child care providers nationwide, regardless of local regulations.

Don't let your business suffer due to inadequate record-keeping and tax preparation. Investing in the Family Child Care Record-Keeping Guide, Ninth Edition is an investment in your success. By following the recommendations in this guide, you'll have the tools and knowledge to claim the maximum allowable deductions, ensuring you are running a profitable child care business. Take control of your finances and gain peace of mind knowing you're on top of your business responsibilities.

Ready to streamline your record-keeping and boost your business? Get your copy of the Family Child Care Record-Keeping Guide, Ninth Edition now. Start maximizing your deductions and staying compliant with the IRS. Don't miss out on this opportunity to take your family child care business to the next level.

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