Hello!
I intend to open a dayhome in about two months and I've been running in circles reading the distinction between self employed vs employee and I don't want to run into tax trouble.
I have one son who is currently almost 10 months. I want to watch one other child his age full time in about two months thereabouts. I'm worried that I won't make a clear enough distinction of being self employed and will run into trouble when tax season comes because I don't have multiple clients. I might be over thinking this, as I do that, and I've never done this before. I've read the "Four questions to determine self employment" thing, and some of the stuff doesn't feel like a distinct yes or no answer.
If anyone could weigh in on this, that'd be much appreciated.
I'd also appreciate tips on creating my contract. I'm thinking about stuff like start/end time, late pickups, meals, payment... anything basic I'm probably missing?
Thank you so much for input!