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Daycare and Taxes All things related to Taxes and running a Daycare post here. Topics of tax exemptions, forms, filings, tax write offs, IRS etc.

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Old 09-23-2011, 09:47 AM
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Default Write Off

Ok silly question, Im looking through my bills and I wondered if you deduct your press bill? I use the press to get fliers to make my grocery list to feed ?? Is it a yeah or a nay?
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Old 09-23-2011, 11:33 AM
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Ok silly question, Im looking through my bills and I wondered if you deduct your press bill? I use the press to get fliers to make my grocery list to feed ?? Is it a yeah or a nay?
Hmmm, that's one I never thought of! I also use the coupons from the press for the groceries i buy so maybe. Usually I never actually get the time to read it! Hopefully Tom will chime in
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Old 09-23-2011, 01:10 PM
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Default Press bill

Okay, I confess I don't know what a press bill is.
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Old 09-23-2011, 01:11 PM
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That's a yes from me. Sounds like a deduction for advertising or office supplies. On second thought I may not know what a press bill is.
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Old 09-23-2011, 10:11 PM
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I'm thinking maybe the newspaper.........
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Old 09-25-2011, 07:23 PM
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Sorry Newspaper subscription.. I get the gr press on sunday for the fliers to plan my shoppin and for coupons
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Old 09-26-2011, 07:32 AM
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That's a yes from me. Sounds like a deduction for advertising or office supplies. On second thought I may not know what a press bill is.
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Okay, I confess I don't know what a press bill is.
That's so funny, must be a regional thing to call the newspaper "the Press"! I never know that!
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Old 09-26-2011, 01:03 PM
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That's so funny, must be a regional thing to call the newspaper "the Press"! I never know that!
I'm from Michigan and had no idea what OP was talking about either...lol!
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Old 09-26-2011, 01:50 PM
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Default Newspaper deduction

I would not try to deduct a local newspaper as a business expense, despite the fact that you use it for coupons, etc. This is because it's primarily personal use and I've not had luck deducting it in IRS audits. I wouldn't even try to deduct part of the cost because the IRS will likely consider it too personal in nature.
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Old 09-30-2011, 05:48 AM
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Could you maybe deduct it if you the subscription comes in your business name? Also, I was told it was ok to deduct since I use it to find out the names of the new borns from our hospital and I send them a card of congratulations from my daycare.

Now I'm wondering if I need to be concerned about that deduction.
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Old 09-30-2011, 02:01 PM
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Default newspaper deduction

I understand why you would think you could deduct the newspaper. I'm saying that in my experience with IRS audits, I think it would be a tough sell to get it accepted as a deduction.
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