Doing my Daycare Taxes for the first time
Hello Ladies,
I have been doing my personal taxes through a tax program for years so I decided to give my business taxes a try this year. I bought Turbo Tax and it seems to be pretty straight forward.
I have imputed everything i have a receipt for but I was wondering how I can increase my expenses a bit so I don't have to pay so much. I have reviewed the Daycare info they give you on CRA's website and I have included pretty much everything on there.
Can you use your mortgage payments as an expense or just the mortgage interest?
Anything else that I may not have thought of?
Maybe I should have bought more stuff for the daycare :)
Thanks,
Sarah