Do I need to by the Family Child Care Tax Workbook and Organizer each year?

Ask the ExpertsBusiness Resources

Jun 12

Written By Tom Copeland

Probably yes. Tax rules often change and you don't want to follow rules from a previous year that are outdated. Each year I also include a new chapter on record keeping and tax tips.

If I stop doing child care for two years before selling my home, can I avoid paying taxes on my house depreciation?

It looks like I will show a loss in my first year of business. Should I be concerned about this?