Tax deductions for home daycare

Tax Deductions for Home Daycares

Operating home-based daycares offers an opportunity for tax reductions and exemptions, according to the US IRS and Canada Revenue Agency (CRA). For instance, in both countries, Family Day Care (FDC) is a recognized child care program provided in the homes of the providers and is usually non-medical for less than 24 hours. A big difference […]

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