Search Results for: tax deductions

This does not mean that you have to log hours physically and maintain records of the same. Let s say you run a cr che for children in your basement, for x hours a day, every weekday. You may use the basement for personal use for the rest of the time, it does not matter; … Continue reading What are the rooms that qualify for daycare tax deduction?

When you run a daycare facility there are certain things you must keep in mind before calculating your deductions. First, you are entitled to deductions related to the premises from where you operate, in this case your home. You need to find out exactly what portion of your house you use for business and, with … Continue reading Deductions related to the premises of daycare