As each new year begins, it is a good time to renew your effort to do a better job than you did last year. Doing so will pay off greatly at the end of 2000. If this situation occurs, refer to any individual contractual arrangement. In other words, the IRS is saying that if the contract does not include a statement that the child is being transported as part of the day care services, the auditor may use this as evidence that the trip is personal and not allow the trip as a business expense. To avoid this problem, providers should put a clause in their contracts that clearly state that transporting children is part of their regular service.
Some providers have parents sign permission forms each time a trip is taken.
Doing this will serve the same purpose as long as such permission forms include a statement that the trip is provided as part of the child care services. If you'd like to send us an email now, please click here . Neither Redleaf National Institute, Tom Copeland, Redleaf Press, nor Resources for Child Caring are engaged in rendering legal, accounting, or other professional services. If you require legal or expert tax assistance, obtain the services of a qualified professional.