Hello friends,
Looking into costs and expenses again in regards to opening my daycare and I have a few more questions. As I see it for me in my area I am going to have to purchase a quad stroller. Is this an expense that can be a deduction at tax time...can it be claimed partially or fully..
I understand toys, books, crafts etc can be included in your claims but what about storage furniture such as book units and toy chests or pack and plays for sleeping etc..
Also! When do I look into getting a BIN number? I am on Mat leave and want to start advertizing in Late November for a late June open (When my mat leave is up) Can I get the BIN # and Business name prior to openning for advertizing purposes if I am on Mat leave? I know I can't advertize with a daycare "name" unless it is registered, so when can I register it if I am not operating yet? Sorry I think I think too much into things, but I want all my ducks in a row before I open my home to some new little ones and theor families.
Thanks for any input!
Erinn