Increasing Fees...how do I tell parents?

[DaycareLady]

Thanks so much! I really appreciate that? I do have a question, I thought I read somewhere that if I charge for stat days I fall under a different category at tax time, or that I have to be a registered business? Am I wrong?

[Momof4]

Thanks so much! I really appreciate that? I do have a question, I thought I read somewhere that if I charge for stat days I fall under a different category at tax time, or that I have to be a registered business? Am I wrong?

Most of us are paid for our stat days, sick or missed days for any reason, that's what it says in my contract. All my closed days are listed and there are actually 15 of them through the year since I'm also closed Christmas Eve day and Easter Monday now. My clients know that they pay full fees for 49 weeks of the year and they do not pay for my 3 weeks of vacation, period, simple, that's the agreed upon contract. It's your business and as long as your clients are advised of all the days you are closed they are agreeing to abide by the rules.