Training for Child Care Providers (Basic)

What: Tax and Recordkeeping
When: February 12, 6:30 - 9:00 PM
Where: 4-C McHenry, Community Coordinated Child Care, 667 Ridgeview Drive, McHenry, IL 60050
Fees: Free, but registration is required. Please call (312) 252-0280, ext. 268 to register.

Instructor: Alex Costilla, CPA

This training provides simple, practical information on tax rules and requirements, forms, recordkeeping and how to access available resources.

Training will include:

1. Introduction   

2. Tracking Income

• Income Sources
  
• Providing Information to Parents 
  
• Federal Employer Identification Number 

3. Business Expenses

• Saving Receipts 
  
• Food, Telephone, and Transportation Expenses 
  
• Business Use of Home 

4. Determining Time-Space Percentage   

5. Recordkeeping