Form 3115

How to Depreciate Your Home

Every family child care provider who owns a home should depreciate it and claim a substantial tax deduction. I’ve written a previous article about why you should never listen to anyone tell you not to depreciate your home. Here’s a… Read More ›

Tax Court Case on Form 3115

Minnesota family child care provider vs. IRS Commissioner – This 2008 Minnesota Tax Court case was settled before trial. The IRS attorney allowed the provider to use Form 3115 to claim previously unclaimed depreciation. This article by Tom Copeland summarizes… Read More ›