Who Wish Look After The Children once Uncle Sam Is Auditing You?

Why Child Care Providers?

• Record keeping is often inadequate.
• Often obtain reimbursements from government agencies.
• Income and expenses are often paid in cash.
• A net loss is unusual, except at the corporate level.

Each of the categories below has unique tax consequences. Discover the specific requirements once you order Uncle Sam's Tax Audit Assistant for Child Care Providers.

Regardless of the type of child care you are providing, the Internal Revenue Service tax auditor wish examine your records to obtain answers in the following areas:

• Wages/Compensation
• Utilities
• Travel, Meals, Amusement
• Telephone Expenses
• Supplies
• Start-Up Price
• Rent
• Other Financial gain
• Other Expenses
• Insurance
• Income
• Expenses
• Employee Benefit Program/Pension and Profit Sharing
• Depreciation
• Commissions and Fees
• Car and Truck Expense
• Business Use of House
• Bad Financial obligation
• Advertising