How a Child Care Center Owner Earned $12,000 Tax-Free — By Renting Her Own Home to Her Business The Short Version: $12,000 Tax-Free Income Received $12,000 Business Deduction Taken $4,440 Net Tax Savings Meet the Client Michelle is the owner of a licensed child care center operating as an S-Corporation. She runs a tight, well-managed program — quarterly planning meetings read more.

How a Rhode Island Child Care Owner Saved $12,500 in Federal Taxes With One Simple Election The Short Version: $35,940 State Tax Paid at Entity Level $12,579 Federal Tax Savings ~$9,000 Net Benefit After State Credit Meet the Client Jennifer is the owner of a licensed child care center in Rhode Island. Her business had a strong year — over read more.

How One Child Care Owner Turned a $1.8M Building Purchase Into $78,000 in Tax Savings — In Year One The Short Version: $225,000 Accelerated Depreciation (Year 1) $78,000 Tax Savings $74,500 Net Benefit After Study Cost Meet the Client Sarah is the owner of a licensed child care center serving families in her community. After years of leasing her facility, read more.