And how do taxes work? I know I don't charge taxes for a service, but what do I report and pay on? Also is there an extra fee for the home inspection, or is it included in application fee?
Alan Silver
Favorite Answer
Sal, I'm not sure how the taxes work, but I think you do need a business license. You may have to get a state, county and city license; every locality has different regulations.
Since applying for a business license can be complicated and time-consuming, I would advise you to visit http://www.businesslicenses.com/services.php.
Business Licenses, LLC's license professionals are knowledgeable of licensing laws anywhere in the U.S.A.
Good Luck!
herculestex
the application fee goes strait to licensing. home inspections like fire and health go to their respective offices. your local cps licensing office should have all this info, online even. taxes by law you have to claim every penny. you get paid cash most of the time. at the end of the year, you will pay your self employment tax. if you feel like hiring someone to help you out, you should use a 1099 self contractor form for them. let them be responsible for their own taxes. right offs would be, home office, any supplies, equipment, food, or utilities and employee pay, you use for the daycare. including fuel for the car or any other payment you might have on something for the kids. hrblock online has an easy tax program for this.
?
you need to get employer license, and certify in CPR, and the government corporation has to verify your place to work out whether it fairly is newborn evidence in protection. additionally, you need to have insurance. plenty issues to do before you are able to truly open a daycare. The ratio on what proportion little ones you will have on your area and so on... each and all of the regulations, flow look into with community college board first, they must point out you to maximum suitable direction