Excise Tax

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  • Jamie's FCH
    Daycare.com Member
    • Dec 2015
    • 4

    Excise Tax

    Hello! I am a new provider and getting ready to do my taxes for the first time. I received the notification that excise taxes needed to be filed by January 31st. Does this pertain to childcare? I appreciate your input! ! Have a great day!
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    excise tax

    Originally posted by Jamie's FCH
    Hello! I am a new provider and getting ready to do my taxes for the first time. I received the notification that excise taxes needed to be filed by January 31st. Does this pertain to childcare? I appreciate your input! ! Have a great day!
    I assume this tax is based on the personal property you own (furniture, appliances, etc.) that is used in your business. If so, here's an article I wrote about this: http://tomcopelandblog.com/what-is-a...l-property-tax

    If this doesn't address your question, call me at 651-280-5991.
    http://www.tomcopelandblog.com

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    • Thriftylady
      Daycare.com Member
      • Aug 2014
      • 5884

      #3
      I would find out where the notification came from. I have never heard of such a thing for daycare and there are so darn many scams that go around these days. I would make a phone call to the office it says it is on the form, but look it up in the phonebook or something, don't call the number on the form.

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