My mother is a freelance consultant. In sequence for her to work you have to compensate for childcare for my son. you know you can concede a tiny volume of childcare from my personal taxes. If my mother incorporated, would you be means to concede some-more childcare as a required commercial operation expense?
I know – I’m a tightwad asking upon this site instead of starting to an accountant, though that’s what a internet is for, right?
Firstly u r not a cheapstake, as with children one needs to save as much as possible. Yes you could do it jointly with your wife. This works out better for both of you in the long run. all the best
Comment by sweettoya76 — June 24, 2009 @ 8:20 pm
What you deduct is a certain percentage in relation to the total amount you make. Child care is not considered a necessary business expense, that is why there are special forms to deduct child care on.
Comment by mexlover80 — June 27, 2009 @ 2:28 am