There are many unique tax rules that affect your family child care business: Time-Space percentage, Food Program and food expenses, general house expenses, and more. The Family Child Care 2013 Tax Companion is a comprehensive tool that will help your tax preparer understand your business. Using this resource will increase your confidence in the tax professional who prepares your return, help you identify potential errors before your taxes are filed, and ensure that your tax preparer is claiming all allowable deductions.
Tom Copeland, JD: Tom Copeland, JD, has written many books on business issues for the family child care field and trains thousands of providers around the country each year. He is a consultant for the National Association for Family Child Care and other national and state child care organizations.