The Family Child Care 2021 Tax Companion is a comprehensive tool that will help tax preparers understand the unique rules that affect family child care businesses. Using this resource will increase your confidence in the tax professional who prepares your return, help you identify potential errors before your taxes are filed, and ensure that your tax preparer is claiming all allowable deductions. Once you fill out the worksheets in this book, give them to your tax professional to use as a guide as your tax forms are completed. This will help you ensure your business expenses are properly deducted.
Tom Copeland, JD, is a renowned tax and child care business specialist. A licensed attorney, he trains thousands of family child care providers, trainers, and tax preparers each year on important business issues, including record keeping, taxes, marketing, contracts, and legal issues. Tom is also the author of many books and resources for family child care providers. Currently, he is a consultant for the National Association for Family Child Care (NAFCC). He has been awarded the Friends of NAFCC Award from the National Association for Family Child Care and the Child Care Advocate of the Year award from the Minnesota Licensed Family Child Care Association.Bill Porter became a tax professional in 2008 when he started his company Pride Tax Preparation in the suburbs of Minneapolis, Minnesota. After passing the Special Enrollment Examination with the IRS to become an Enrolled Agent, he soon realized that most tax returns of child care providers were either incorrect or missing important deductions, so he decided to specialize his business towards helping child care providers. When preparing tax returns, he focuses on ensuring everything is correct and using all allowable deductions so his clients can have the best outcome.