Mowing/Snow Removal/Dog Waste Removal

[KIDZRMYBIZ]

Does anyone know what the maximum amount that can be deducted for taxes for each category? I am having a hard time finding an answer online. Thanks!

[Blackcat31]

Does anyone know what the maximum amount that can be deducted for taxes for each category? I am having a hard time finding an answer online. Thanks!

Maybe this article helps?

http://tomcopelandblog.com/four-tax-questions-answered

If not hopefully Tom will see this and reply.

[Blackcat31]

Here is another forum thread about lawn care/taxes

https://www.daycare.com/forum/showthread.php?t=25579

[Michael]

Here is another thread: https://www.daycare.com/forum/tags.p...on+-+landscape

[TomCopeland]

Deductions

Does anyone know what the maximum amount that can be deducted for taxes for each category? I am having a hard time finding an answer online. Thanks!

As a general rule there is no maximum on what you can deduct as a business expense. If the expense is both business and personal you should apply your time-space%.

[KIDZRMYBIZ]

Thank you all! I figured it was a time/space deal, but wondered if there was also a cap. Although the kids don't play in the front yard often, we do use the areas outside the fence limitedly (usually at the end of the day waiting for pick-up when there are just a few kids still here). If there's a maximum amount that can be deducted, I may not need to bother trying to calculate that minimal amount.

There is also an expectation of our entire yards looking well-kept to attract clients. My husband and I wouldn't put near the effort into it we do if not for the daycare business. But I don't think that matters.