Family child care bookkeeping and tax are a specialized area. Frederick C. Thacher, CPA hosts many home day care seminars for providers during tax season and focuses on the unique tax situation of the home day care business.
Thacher, PA has the experience to assist the home day care provider in:
Setting up the business
Maintaining accurate records
Determining Dependent and Child Care Tax Credits
Making decisions on the Food Program
Reporting Food Program Reimbursements and Claiming Food Expenses
Developing strategies to reduce your expenses and increase your income
Determining business-related expenses including direct expenses, house expenses and capital expenditures
Reporting and tax issues related to hiring an employee
Need to get your day care business organized? We can help.
Every situation is different. In order to help you, we want to know you and your unique situation. We offer discussion, recommendations and useful research tools to make organizing and recordkeeping simple, efficient, and worry-free. We are available throughout the process for further discussion regarding questions, change of circumstances, and alternatives. At every step, we'll be there with you.
We help you...
- Clearly define your financial goals.
- Organize the recordkeeping.
- Evaluate and recommend options.
- Prepare your taxes and maximize the allowable tax deductions.
The hassles associated with keeping track of expenses can be daunting, but you don't need to do it alone. Our team is waiting to assist you through every step of the process.