Quote:
Originally Posted by Joan.of.the.Arch
jasanderson, I'm not understanding some of what you are saying, but a home business of child care should be entitled and subject to the same rights and responsibilities as any other home business.
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In my area there are several home daycares that do not claim all of the income they make. As a parent I can claim whatever I paid on my income tax return but there is a max of $6,000 per year that gets counted towards your tax deducation. A lot of daycares will offer people a slight discount to pay by cash or only claim the $6,000 when in actuality I have paid $12,000 to the daycare. The home daycare provider is only claiming a portion of what they really make - especially if they are paid in cash which can be untraceable.