Save time and money when you use the Family Child Care 2011 Tax Workbook and Organizer to help you prepare your own tax return. This edition contains up-to-date information on new tax laws such as 100% bonus depreciation, lower Social Security taxes, higher mileage and meal rates, higher Saver's Tax Credit eligibility, a new IRS program to help you if you have issued Form 1099 to your employees, and more.

The Family Child Care 2011 Tax Workbook and Organizer offers detailed descriptions of how to fill out your federal tax forms: Form 8829, Form 4562, Schedule C, and Form 1040SE. It also has separate chapters on hiring employees, amending your tax return, recovering unclaimed depreciation on Form 3115, selling your property and home, closing your business, and dealing with an audit.

You will find updated information on retirement plan contributions limits, as well as deduction and earned income credit limits. Step-by-step guidance will help you go through depreciation rules so you can deduct furniture, appliances, fences, play equipment, home improvements, and your home. It explains how to claim food expenses and how to fill out the numerous forms if you have employees. Over 100,000 child care providers have used this annual publication to accurately prepare their own taxes.

If you use a tax professional to prepare your taxes you should use the Family Child Care 2011 Tax Companion.