Watch Our Q&A on Paying Yourself
As promised, here is the recording of the Q&A session we hosted earlier this week! Thanks to everyone who participated in a lively discussion on the topic of Paying Yourself as a sole proprietor.
If you have any questions or any feedback, feel free to send them to us at team@civstrat.com.
We’d love to know what other topics you’d be interested in discussing with us and what times of day work best for you.
Listed below are the resource links mentioned during the video.
Links:
Paying Yourself: A Guide for Sole Proprietors: This is a guide that we developed for Texas but is general business advice and therefore applicable to all providers. This guide is not related to, nor does it discuss the requirements of paying yourself with grant funds. Note that for stabilization grant purposes, you need to follow the guidelines put in place by your state.
If you are a child care provider in Texas, Virginia, Wisconsin, or Indiana, you may be eligible for free business coaching from Civitas Strategies Early Start. Here are the links to sign up:
Additional Information:
The Confidence in Quality Tax Prep Rubric can help you understand and talk through child care business specific deductions with your accountant or tax preparer.
