Category Archives: Taxes and Child Care Professionals

Safe Harbor Rule Does Not Favor Child Care Providers

CAUTION NEW IRS RULING!When this rule was introduced in early 2013, the new rule allowed for family child care providers to claim up to $1,500 in house expenses on their 2013 tax return, without being required to produce receipts, (IRS Rev. Proc. 2013-13).

Recently, the IRS updated this ruling, and we feel even stronger now that for the vast majority of our child care provider clients this rule is not in their favor and we will not be using it.  We can confidently say that most, if not all, of our client’s deductions exceed the limit of $1,500.00.

Our best advice is if you are not one of our clients, call us at 619-589-8680.  Otherwise, we urge all child care providers to seriously question any tax preparer who encourages you to use this deduction, unless you completely understand how it will impact your return.  Once done, you can’t amend this portion of your tax return.  You are locked in.

How To Calculate Time-Percentage

What do we mean by Time Percent?

This percent is determined by adding up the number of hours you are using your home for business purposes and dividing this number by the total number of hours in the year (8,760). There are two types of hours to include: hours when day care children are present in your home and hours when children are not present but you are engaged in business activities. Continue reading

Recordkeeping and Taxes Go Hand-In-Hand

ORGANIZING YOUR CHILD CARE BUSINESS RECORDS FOR SUCCESS!

Employment of Child Care Workers, BLS, 2012More than half of my clients are child care providers, and many of them became clients after attending one of my tax and record keeping seminars to the child care community through YMCA Child Resource Services. According to a recent report, the Bureau of Labor claims that one-third of all child care providers operate as self-employed businesses, and many of these child care providers care for children in their home. Continue reading

Mileage Deductions

For 2013 you get 56.5¢ for each business mile (keep your logs daily) .  While employees can’t deduct driving to work, look at visits to clients, extra meetings, errands or shopping for supplies. Business owners – especially child care providers – have the same and more.

Landlords need to log trips to the property, buying supplies, driving for maintenance, etc.  Keep a record of all business mileage – and personal mileage!  Costs for parking and/or tolls can be claimed in addition to the mileage deductions.

2014 Tax and Recordkeeping Workshop 01112014 FinalBe sure to attend my 2014 seminar on Tax and Recordkeeping.

Saturday, January 11, 2014
1:00 p.m. – 4:00 p.m.
YMCA CRS Mission Valley
3333 Camino del Rio South Suite 400
San Diego, CA  92108

For more information, call 1-800-481-2151

Download CRS Signup Form HERE. Also visit YMCA Childcare Resource Service at http://crs.ymca.org

Source: Tax News & Tips, Year End 2013

Exceptions to the In-Home Exclusive Use Rule

You may be able to deduct the business expenses for that part of your home even if you use the same space for non-business purposes.

To qualify for this exception to the exclusive use rule, you must meet both of the following requirements.  Continue reading

How to Solve 502 Bad Gateway Error on 192.168.1.1 Linksys Router?

192.168.1.1 is that the default IP address for network settings of most of the routers of standard brands. However, there are often many errors which may emerge as a results of some type of misconfiguration of the IP address. conjointly typically the IP address router page and therefore the network affiliation and different settings could be acting at the start then again it would throw some error suddenly. Out of those errors, a 502 dangerous entrance error may be a quite common error within the network configuration. Here we have a tendency to area unit discussing a way to solve the error for Linksys router, however it might work for different routers too.

Most commonly such error is caused because of AN obsolete computer code of the Linksys router 192.168.1.1 login admin. This error started showing once the Linksys removed captcha image from the router page that was wont to produce Linksys SmartWifi account. once this update, there have been many errors caused even whereas change. Check steps to unravel the 502 dangerous entrance error below.

How to Solve the 502 dangerous entrance Error?

502 dangerous entrance Error

Step one – 1st you need to disconnect all the cabled from the router except the facility cable. Then activate the router and create it stable.

Step a pair of – Press the red button to reset the router. you need to press this button for a minimum of twenty seconds.

Step three – currently you need to wait until the router is stable.

Step four – currently you would like to attach your device i.e. pc or laptop computer to the local area network ports. certify you are doing not hook up with the web port or the local area network port.

Step five – currently the dangerous entrance error ought to be resolved. If it’s still returning then seek advice from a special browser or clear the browser cache.

Step half dozen – currently once the error is cleared you may see the initial originated page. On this page move to the Manual configuration choice and tick ToS then press Next.

Step seven – don’t prefer to login victimization the SmartWifi account and click on on “For native access click here”. this feature can return beneath language alternative menu.

Step eight – you need to enter the Router watchword, that is by default “admin”

Step nine – you’ll want an online affiliation to transfer the most recent computer code for the router.

Step ten – move to the link support.linksys.com and enter the Model variety related to your router (it are often found on the sticker beneath the router, Model No, conjointly hunt for version variety if there’s like v1 or v1.1 once the Model Number!)

Step eleven – If there’s solely the Model variety mentioned on the list then enter it otherwise you might click it just in case of the dropdown.

Step twelve – once this step, you ought to be redirected to the router’s Linksys webpage.

Step thirteen – move to the Downloads page, you’ll do this by scrolling the page or it are often within the kind of a tab. Click on the “Download Software” choice.

Step fourteen – currently you need to opt for the version of your router.

Step fifteen – then, you need to transfer the most recent computer code.

Step sixteen – currently connect your device to the Linksys router and log in.

Step seventeen – currently browse to property, and update the computer code Manually as you’ve got downloaded the computer code file and currently you’ll begin the upgrade.

192.168.1.1 Router Admin Setup:

192.168.1.1 address is often utilized by Linksys router and can also be utilized by another router or home network entrance. This address is employed by network directors once putting in place net affiliation or change the settings of the router. Any device just like the printer may use this address. It belongs to non-public IP address vary that starts with 192.168.l.l  and extends through 192.168.255.255.

each router has configuration pages that you just will use to alter network setting and setup configuration

  1. First, you would like to open your applications programme
  2. Then enter your router’s IP address in address bar
  3. Linksys routers use default IP address 192.168.1.1
  4. Then login window can seem wherever you’ve got to enter username and watchword
  5. currently router’s can become 192.168.l.l default ip address and login info are each “admin”.

Conclusion:

Now the 502 dangerous entrance error ought to be fully gone and conjointly the sensible local area network are often employed in the routers settings. If you’ve got any problems then use comment type that has given below.

Ten Things The IRS Needs To Know About Your Child or Dependent Care.

Small CCP teaching childrenIF YOU WANT TO GET CREDIT FOR CHILD and DEPENDENT CARE, THE IRS NEEDS TO KNOW…  

IRS Tax Tip 2011-46,  Last Reviewed or Updated: 04-Sep-2013  

If you paid someone to care for your child, spouse, or dependent last year, you may be able to claim the Child and Dependent Care Credit on your federal income tax return. Continue reading

Audit Alert #2 – Letter from the IRS?

What to do when you get a letter from the IRS.

uh oh signYou’ve gotten a letter from the IRS.  Don’t panic.

Call your tax preparer, but a note of caution; you need someone who can represent you in front of the IRS.  You do not want to do this alone.  If you do not have an Enrolled Agent to work with – you want one. EAs are the only federally licensed tax practitioners who specialize in taxation and also have unlimited rights to represent taxpayers before the IRS.

I am an Enrolled Agent, and if you want someone local to you, you can locate an Enrolled Agent by contacting the National Association of Enrolled Agents, NAEA.  If you want to learn what is an Enrolled Agent and what distinguishes them from other tax preparers, please read Enrolled Agents . Continue reading

Audit Alert #1 – Trip Wire – Mileage Logs

What is one of the most common trip wires to trigger an audit?

CAUTION Audit Alert SignWondering why you got a letter from the IRS?  Could it be your mileage log?  The IRS Is a stickler for details when  it comes to mileage logs.  Did you make sure that your mileage log reflected the day-to-day use and associated expenses for your vehicle(s)?

Whether you are a roadwarrior account manager for a company, or a child care professional – your vehicle log is one of the most important documents you have to maintain – CONSTANTLY.  Don’t think you can fudge it and not end up paying dearly.

Back in February 2010, a man named Mr. Royster¹ went before the IRS to defend his lack of documentation for his vehicle.  In particular, he didn’t have a day-to-day log of his mileage and associated expenses.  Mr. Royster tried to reconstruct his mileage for the previous 12 months, but the IRS determined his reconstruction failed to show the specifics.

Inadequate mileage logs can also create its own set of problems.  Think of it this way; you are giving the IRS a reason to dig deeper into your records.  That can end up costing you dearly and a loss of vehicle deductions.  Take the time to keep good records – it’s worth it in terms of dollars and cents — and peace of mind.

But back to Mr. Roster.  The IRS ended reviewing – and scruitinizing 3 years of his history.  He only had mileage logs for 2004 and 2005 that showed beginning and ending odometer readings for each day.  The court ruled that INADEQUATE.  Consequently, the court gave Mr. Royster ZERO vehicle deductions for 2004 and 2005!

If you have any doubts about your mileage log, feel free to download our free templates.  One is from the Bradford Tax Institute and is a very good excel spreadsheet for calculations.  The other is a simple mileage log – so feel free to modify to your own personal need.

¹Bradford Tax Institute

Download & Install TutuApp For PC on Windows 8.1/8/10

TuTuApp for computer transfer may be done from this page as we have a tendency to ar attending to share TuTuApp for Windows 10/8.1/8/7 here. If you wish to transfer paid golem apps for gratis, then TutuApp computer is all you wish. If you don’t understand it, then allow us to tell you that Tutu App is one in all the simplest golem and iOS apps obtainable out there, and albeit you’re searching for some apps recommendations, then you’ll be able to transfer it. this is often primarily a Chinese app, therefore if you wish AN English version, then you’ll need to transfer it from tutuapp official website.

There ar many of us out there World Health Organization doesn’t use mobile devices, however own computer or portable computer, excellent news for them as you’ll be able to begin victimisation TuTu App for Windows. although there ar many ways obtainable to try and do that, however we’ll share the simplest ways that to use Tutuapp on Windows computer and portable computer. additionally check: TutuApp golem Pokemon Go.

There ar several blessings of victimisation TuTuApp on computer, as you’ll be able to additionally play/download games and apps on computer, and so transfer them on your golem devices otherwise you may use them on computer. If you don’t understand a way to use TuTuApp for computer and from wherever to transfer TuTuApp for Windows computer and laptops, then browse the article below.

TuTuApp For Windows PC Features:

you’ll be able to transfer paid apps and games from Google Play Store on computer victimisation TuTu App for computer.
TuTu App have in-built cleaner that cleans space for storing, junk files, memory and additional.
you’ll be able to additionally use this app to transfer files between devices. It may be golem to golem or golem to iOS or vice-versa.
Tool Box of this app may be used for organizing the device like battery improvement, contacts backup, info concerning the device and additional.

How To Download TutuApp for PC? (for Windows 10/8.1/8/7/XP, etc.)

TuTuApp is particularly for mobile devices, however if you wish to play games on larger|a much bigger|an even bigger} screen or read apps content on bigger screen, then you’ll be able to use TuTuApp for computer. Another advantage you get with TuTuApp for computer is that you simply have larger space for storing for downloading and putting in apps. Here ar the steps to urge TuTuApp for computer.

initial of all to urge TuTuApp for computer, you’ll ought to transfer AN golem imitator for your device in order that you’ll be able to begin victimisation golem apps on your Windows system.
we’ll advocate you to transfer Bluestacks App Player for this because it is one in all the simplest golem imitator obtainable immediately.
once downloading it, simply install it like different software package apps and once it’s put in open it.
Do note that TuTuApp for golem isn’t obtainable on Google Play Store, therefore you’ll ought to transfer TuTuApp APK. you’ll be able to bed by clicking here.

Don’t simply visit any web site to urge latest version TuTuApp for computer, and transfer it from our special TuTuApp APK transfer page.
once downloading it, simply navigate the file wherever it’s downloaded.
currently right click on the TuTu App APK file and select open with.
From the menu, click on Bluestacks Player.
Wait until the app gets put in in your player, and once it’s done, you’ll be able to see TuTu icon on your Bluestacks player.

TuTu App for computer is totally unengaged to transfer app and you’ll be able to transfer Google Play paid apps for gratis. TuTuApp for computer may be used anyplace and you’ll be able to transfer TuTuApp for computer for gratis from this page. If you’re facing any issues with it, then do allow us to apprehend.

Final Words concerning TutuApp PC…

TutuApp computer may be utilized in higher than mentioned ways that and you’ll be able to simply do TutuApp for Windows transfer victimisation it. we’ve additionally provided TutuApp apk transfer and TutuApp for golem transfer links during this post. people that face issues with TuTu for computer will allow us to understand the errors within the comments below. although there ar more {ways|ways that|ways in that} and tools obtainable over the web which let’s you utilize TuTuApp for computer, however the ways that mentioned higher than ar best among them. If you recognize concerning additional ways that to transfer TutuApp computer Version, then do allow us to understand them via comments below.