Tom- Another Home Improvement Tax Question

[LittleScholars]

As mentioned in my last post, I opened my daycare in November 2015, so this is the first year I'm filing taxes as a provider. We bought our home 1.5 years...

[LittleScholars]

I opened my home daycare in November 2015, so this is the first time I'm filing taxes as a provider. I purchased all of Tom's books, including the Inventory...

[frugalmama4]

Hello Tom,

I’m getting myself organize for the upcoming tax season; and want to make sure I have everything in order.

Questions:...

[frugalmama4]

2012 Deprecation Question-

With the 50% bonus rule in affect for 2012, The Half Year Convention Method would not play a part in calculating...

[care-care]

I bought a ipad last year 2012 and I think I am putting it in the right spot. I put it under office in mmk and did 5 year straight line and half. Is...

[lilcupcakes09]

As I'm looking back through my last 3 years taxes since starting daycare, I noticed that Part III of my form 8829, the Depreciation of Home part is 0%...

[frugalmama4]

Good Morning Tom, I hope you had a great weekend!

Questions-

I shared the expense of advertisement with another provider, unsure...