Top Three Record Keeping Tips

Even though you may be preoccupied with doing your taxes, it's not too early to start thinking about keeping good records for the next year! I've created this short video, "Top Three Record Keeping Tips for 2021" to get you started on the right foot. The top three tips are: *One: Save receipts for all your house expenses*Two: Keep daily records of all the meals and snacks you serve*Three: Track all the hours you work in your home. If you pay close attention to these three record keeping tasks they will make the biggest difference in reducing your taxes. Here's a link to a short instructional video that explains this in more detail.

Note: The link to a meal chart you can use to track your un-reimbursed meals and snacks is hard to read on this video.

Here's the link: http://www.redleafpress.org/assets/clientdocs/webcomponents/MealForm_2017.pdf

Tom Copeland - www.tomcopelandblog.comFor more information see my Family Child Care Record Keeping Guide.

Image credit: https://luxa.us/blog/why-record-keeping-is-so-important