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Two of my dc families made a large magnet board and chalk board for my day care room. I decided to hand make a blanket for each family to thank them....
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I just had a grandparent write a check for their grandchild's daycare for the month of December as a Christmas gift to their son and daughter in law....
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I am expecting a baby and was just wondering about claiming the things I have received as gifts for taxes. They were bought with my child in mind, but...
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Tom,
Tax question. Can I write a check from my business account to a parent who is no longer here and call it "reimbursement"?... -
Tom, I know we can only gift $25 per child per year.
Can I deduct $25 toward a high school graduate who grew up in my daycare?
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My understanding is that if a family gives us a gift we need to claim it on taxes, correct?
I have a family who gave me $230 cash as a...