Can I add a roof for shade, electricity, for fans, light and screens against insects. Q: How do I know how much I can ask for the grant? Before the pandemic, there were approximately 675,000 childcare providers around the country, mostly small businesses, who were already operating on thin margins. Q: What if I paid myself with this grant and then later realize that I can use it for items used 100% for my business. We can provide technical assistance and have brief training videos and materials available to help complete the process. Q: Can we pay ourselves in 2022 with grant money from 2021? T he new mont hl y grant amount wi l l be reduced st art i ng O ct ober 1, 2023. Q: How do I find out where to apply for this grant? A: The cost of any item that is used exclusively for your business can be deducted 100%. Q: Can I get the grant even if I dont have any helpers? Clearly a couch meets that definition. Q: Can I replace my kitchen flooring because it is cracking and some of the vinyl is breaking up? This is not a loan. This funding is subject to the same state and federal tax rules as regular Child Care Development Fund (CCDF) funding. Each state has its own guidelinescheck your local government website to confirm: Who is eligible and how to apply for the grant. A: Maybe, depending on how much of the grant you dont spend on business items. A: If you pay your husband you must treat him as an employee and file the W-2, not a 1099. You will probably owe no more than 40% of the grant in taxes. If he did, then you properly paid your Social Security/Medicare taxes. Step 1: Submit an OK Child Care Application Step 2: OKDHS reviews the application Step 3: OKDHS approves the application Step 4: Child care program is notified of approval via email March 27, 2020: The largest enacted relief effort to date, which passed with broad bipartisan support, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, was signed into law.The CARES Act provided the Child Care and Development Block Grant (CCDBG) with $3.5 billion and Head Start programs with $750 million. Can I use the grant money for these expenses? Providers can therefore use all or part of the grant to pay themselves. This can be done by transferring money from one bank account to another, writing yourself a check, or leaving money in one bank account and make a note indicating that this is money to pay yourself. Q: If I have been in business for 30 years and sell my home ten years after I close my business, do I still need to pay tax on the home depreciation I claimed while in business? As we all know, parents need access to safe, quality child care to get back to work. So, this is not a requirement in Colorado. 3 0 obj If so, the corporation must pay you with the grant money through your normal payroll process which means paying payroll taxes. Q: Can I use the grant to landscape my backyard to build a play set for the daycare? No. Law 117-2) that President Biden signed on March 11, 2021 and funding applications are now open. A: No, you cant use the grant money for these major improvements. This change will be effective through September 30, 2023. Child care has received $54 billion since the start of the pandemic. A: No. A: You arent paying yourself for any particular hours you work. Q: In my state the grant money can be used to reimburse expenses back to February 2020. Can I still receive the Stabilization grant? ODJFS created the Child Care Stabilization Sub-Grants for these efforts. You will have to withhold and pay payroll taxes on these amounts. If you are a non-profit or not-for-profit organization, this funding is tax exempt. Do you advise doing this? . Q: I have remodeled my kitchen and bathrooms. s,[[1c!yOOH-Nr Q: One of my bathrooms was flooded. 1099, W-2? A: No. Q: When you give a bonus to your staff, do you treat the deduction the same as payroll deductions? x][s8~OUNIS6MxJyzdS3 KY)13ed b6|0-Fiqaps7+y1;? These funds give them a lifeline at the perfect time. Important note: Although there is federal guidance on how the Stabilization grants are to be administered, each state may interpret this guidance slightly differently. It may be the same or may not. Is the child care stabilization grant taxable? How much will my daycare get from the childcare stabilization grant? Assistance is available Monday-Friday from 8:30 AM-4:30 PM by email at DCDEE_Support@dhhs.nc.org or phone (919) 814-6300, Option 2. Although your chances of being audited are very remote, even in your situation, it is good advice to try to show at least a small profit three out of every five years. Example 1: Provider pays herself the full amount. [-i""c2Njkd-!&-b2bshR6f;N+5fHS&_0!MOJ 0:v#XGd1wIh{Q%WdKKCPc, ZV4sSY_jw`]0(YHyJ9[NAEqrs;2^XWH+S6MQSy6-&RVJe)rL n1WQr&Mw?TgQkCSu A: Yes. Here are the answers to the many questions raised during the webinar. Can painting the house be deducted as a repair? endobj Q: If I pay myself, how much will I owe in taxes? In response to the COVID-19 public health emergency and its impact on the child care industry, President Biden signed the American Rescue Plan Act of 2021 (ARP Act). She may keep the funds in the bank account as an emergency fund for later use or she can spend it as she wishes. What is the New Child Care Stabilization Grant? Here is the recording of my recent webinar, Child Care Stabilization Grants and New Tax Changes for 2021., The tax implications of the Stabilization Grants, What expenses can be deducted in your business. Youll have to contact the state agency that administers this grant. Childcare isnt just a family issue, its a business issue. A: The EIDL loan is not forgivable, you must pay it back over 30 years. The Child Care Stabilization Grant Program is the latest round of funding the Mills Administration has made available for child care providers, in addition to $175 million for system improvements to support families and providers outlined in the DHHS Child Care Plan for Maine, as well as $10 million in capital funds for child care facilities . child care, child and adult protective services, adoption, and child support services. The application process is straightforward and designed to deliver grant funds directly to Oklahoma child care programs. A: Installing a new driveway or repairing it would both be considered a repair, not a home improvement. Do any repairs count as an expense for my vehicle? If so, follow up with your state to make sure they are following their own rules. Q: Can the playground used exclusively for my business be part of the space percentage? The Stabilization Payment Program Round 2 is a nine-month payment program that runs August 2022 through April 2023. There may be other grant programs offered in your state. Q: In your opinion, if I dont need the grant, should I take it? Q: If I use the actual expenses method to claim food expenses in one year, can I switch to using the standard meal allowance method in another year? You cant count repairs if you use the standard mileage method, but you can count repairs if you use the actual expenses method. Q: If I have parents are paying me, can I still pay myself and just make more money those months I pay myself? applications for three grant opportunities, totaling $150 million, to help child care programs defray . Q: Are the Stabilization grants available in Canada? endobj Not all applications are guaranteed to be approved. A: You can use the grant money directly for these expenses. Tax Resources from Home Grown. Yes. Q: On one slide it says that the PPP and EIDL programs are not taxable income. A: Count the entire room as regularly used as a daycare storage room. Help is on the way! endobj Provider C receives a $3,500 grant and uses the money to pay for equipment that is used for both her business and her family (e.g., computer, television, furniture). The American Rescue Plan Act (ARPA) Child Care Stabilization Grant, which some call the daycare grant, is a federal financial assistance program recently launched by the Office of Child Care to provide $24 billion of economic relief to child care programs impacted by the COVID-19 pandemic across the country. A: RI DHS aims to approve two stipends to all eligible providers, depending upon fund availability. For specific questions about the NJ ARP Stabilization Grant application, contact: Email: njchildcaregranttechsupport@mtxb2b.com Phone: 1-855-590-2478 For questions about policies, grant eligibility requirements or if you need technical assistance with estimating your monthly expenses, contact: Email: DFD-ChildCareGrants@dhs.nj.gov 3 0 obj A: Yes, with the exception of a home, home improvement or home addition. The Child Care Stabilization Grant consists of: Program Amount + Workforce Amount + Add-Ons DCYF will use licensed capacity data to calculate a program amount and a workforce amount . Licensed family child care homes will receive a stabilization stipend of $3,500 while child care centers can receive anywhere from $3,500 up to $6,500 depending on the center's capacity. If you are considered a hobby, you might not be able to deduct all of your expenses. Are you saying this is not deductible? No. It affects how we all work when we can work and for many, why we work. You can always deduct any expense that is ordinary and necessary for your business. The webinar highlighted tools to help apply for the . Using grant money for 2020 has the same impact as paying yourself. References: The Child Care and Development Block Grant (CCDBG) Act (42 U.S.C. Is there a limit to the number of programs that will be funded? Beginning November 1, 2021, DHS will be using American Rescue Plan Act (ARPA) funding to increase the number of monthly absent days for the Child Care Assistance (CCA) program from 4 to 6. 2023 BUILD Initiative. Child Care Stabilization Grants Help Desk Support: 1-833-600-2074 eecgrantsupport@mtxb2b.com User Guide - Grant Survey Frequently Asked Questions Grant Requirement Supports: Family Child Care - Training for C3 Operational Grant requirements - YouTube Center-Based - Training for C3 Operational Grant requirements - YouTube A: This language does not mean you are required to use the grant money to lower your tuition. Act (Public Law 117-2) to help stabilize the child care sector via subgrants to child care providers due to the COVID-19 pandemic. Our goal is to help your program become financially secure. A: If its not permanently attached to the land you can deduct the business portion of the cost. No other family income will be affected, meaning you wont pay higher taxes on any non-grant income. Tom Copelands Blog: Taking Care of Business Q: If I pay myself and then use some of the money to purchase items for my business, can I still deduct this as a business expense? Example 2: Provider uses full amount for business expenses A: If you do child care out of your own home, you are entitled to depreciate your home. Q: If I start claiming Social Security before my full retirement age, does Social Security look at my gross income or net income to determine if my benefit will be reduced? 1 0 obj Q: I had a flood in my home. b+hxG%YM8bjW8PePQj@Cx9]3Nl6jSx $ V}$%*Qfky.zL@)^f@H{rVKJ4@(TKjZKBa0JjDRP+fT9efu'yur B9f9xk!>m7"`TPhghw /'toK|yk.I/pI:2oK[zt#'.0+mlbxGSC! Is the Child Care Provider Stabilization Grant taxable? Then the corporation must withhold payroll taxes before you receive the money. Therefore, my answers below may not be the same answers your state gives you. %PDF-1.7 Claim this as a house repair on Form 8829. Should I pay myself first with the grant money and then make payments on the vehicle? Image credit: https://californiahealthline.org/news/everything-you-need-to-know-about-block-grants-the-heart-of-gops-medicaid-plans/, 1 Hampton Court, Lynnfield, MA 01940 | (617) 858-0006, Child Care Stabilization Grants and New Tax Changes for 2021.. Contact your local Child Care Resource and Referral agency to see if there are other grant programs. . Law 117-2), signed on March 11, 2021, includes $23.97 billion for child care stabilization grants to be allocated to states, territories, and Tribes based on the current Child Care and Development Block Grant (CCDBG) formula. Q: Do I include the square footage of my garage that is not attached to my home as part of the total square feet of my home? The purpose of the child care stabilization grants is to support child care centers and home-based child care providers to stay open or reopen. You want to claim this large deduction. Q: How to I calculate the percentage of mortgage payments? You can deduct your food expenses either using the actual expenses method ($68 in your example) or the standard meal allowance method. YGF:JKSj"tZO+rR&e ]ii D I Child Care Program Stabilization Funding an OEC Ready Set Rebuild program offers money to child care programs recovering from COVID-19. State of Hawaii Child Care Stabilization Grant Program The State of Hawaii Department of Human Services has received funds through the American Rescue Plan Act (ARPA) of 2021 to provide assistance to licensed child care providers experiencing financial hardship and child care market instability due to COVID-19. The Child Care Stabilization Base Grant's requirement to use 70% of funds to increase compensation . A: Colorado says they encourage providers to give 50% to parents. 5 Child Care Workforce Stabilization Grant Payout Schedule Qualifying Employment Period - Employees must be employed at least 30 days prior to the beginning date of the qualifying period through the end of this time period to be eligible for the quarterly bonus. Can I pay myself with the EIDL money? Q Im receiving this grant quarterly through April 2023. If you receive these funds, you will be mailed a 1099 form. I thought it was seven years. Q: Can I use the grant money to rewire my home? Q: Can I pay myself in one lump sum or do I have to pay myself weekly or biweekly? Q: We are a non-profit preschool facility in our church. Q: How do I pay myself if I did not lose children during COVID, and how do I calculate it? You will report this as income and pay Social Security/Medicare taxes as well as federal and state income taxes on this income. Can I deduct this? How do I figure the deductions? A: No. What does that do to my time-space%? Did this change? g}?GMj(rG-s%&>j^D!sT=MtT7Y-[n+UUzPK7T>e\ ?t^YBeo:(IhZ12C#h=I4V%Vc)8=7N (h&f +f?4c[JbLucy?9FY]dSHFW How do I treat this on my taxes? <> Q: Can I call my employee back after receiving the grant, even if I only have two children in care? Almost two-thirds of childcare centers are serving less than 75 children and are struggling to break even. Should I apply for the Stabilization grant?, Is the money I received from the grant taxable income, even if I didnt receive Form 1099?, Is it better to pay myself or spend it on my business?, These are some of the many questions Ive received during my February 10th webinar How to Save Money on Your 2021 Taxes.. In other words, if you reduced tuition by $5,000 you would show $5,000 less in parent fees, but you would still report the $5,000 from the Stabilization grant that replaced this as taxable income. A: You can pay yourself as often and as much as you want. Q: My large vehicle that I use for business and personal purposes needs a new transmission. How to Use Child Care Stabilization Grant Funding to Support Your Home-Based Setting. Even if you received the higher Tier I reimbursement rate for the entire year, the rate went up in July, so its not a wash. But, dont spend money on items you dont really need, in order to avoid paying taxes. Child care stabilization grants were appropriated to states in the American Rescue Plan Act (Public Law 117-2) to help stabilize the child care sector via subgrants to child care providers due to the COVID-19 pandemic. However, even if it does push you into a higher tax bracket, it only means you will pay more in taxes on the grant amount that is in the higher tax bracket. Using Child Care Stabilization Grant funds to pay federal taxes is not an allowable expense. Check with your state agency about this grant question. oRT@ 66V'aNAS\u8g<05!rzf7M- (bw1RK51 wOffHg]tJ}%NaiIrIV.y3*2w@LIGFIm(IsMv Q: Can I deduct the business portion of any item in one year regardless of the cost? In South Carolina, these stabilizations grants are called "SC Building Blocks". Certificate of Registration: A statement issued by the Commissioner for a period of up to two years to a family child care home upon receipt of a self-certification statement But, your city and county grants are taxable. A: You can include it either on line one (Gross receipts) or line six (Other Income). A: You can deduct your Time-Space% of your utilities. (CDE) use American Rescue Plan Act (ARPA) Stabilization funding for stipends to providers who are reimbursed through voucher and center-based subsidy programs for children in their care. A: IRS rules say that if you show losses three out of five years, there is an increased chance of being audited and the IRS might conclude that you are operating a hobby, not a business. Q: If I was audited, would they just audit my grant or my entire business? Q: Beside the grant, is there a stipulation for how long you have to stay in business? A: Its totally up to you how long you want to remain in business or when you want to close. This report provides a state-by-state overview of FFN policies and supports and highlights some examples of the ways in which states and local entities are supporting FFN providers who serve isolated families with low incomes. Once you do that, you can then spend the money on a new roof. Q: Will getting this grant put me in a higher tax bracket? How am I doing that? While each state, territory, or tribe can specify the specific uses of grant funds, the funds are intended to support providers general operating expenses, wages and benefits to employees and owners, rent, utilities, cleaning and sanitation supplies and services, and other goods and services needed to maintain or resume operations as well as mental health supports for children, families, and employees. Q: We store a lot of our dcor and child care stuff in our attic. There is no upper limit on how many hours you can claim. 2 0 obj What is the SC Building Blocks Grant? No. It wont matter if he doesnt sign it. A: No. Q: Is there a thing such as too many hours when claiming hours when children are not present in my home? The 2022 tax season is here! This still leaves $2,100 for the provider to spend as she chooses (or save it). A: You can count all hours that you work in your home, either caring for children or doing other business activities. A: Yes. Registered family child care providers are eligible for $4,000 in grants. The provider should keep two copies of all receipts from purchases made so that one can be kept for her IRS records and the other can be used if required for grant reporting. All organizations receiving funding must report this as income to your program. Programs that are awarded a grant will receive an IRS Tax Form 1099-NEC. Is the Child Care Program Stabilization Funding taxable? Q: Can I use the Stabilization grant to replace my old central air condition unit? Phase two will include application, awarding, and issuing of funding. A: Yes, deduct the time-space% of this cost. ]ATIGJK5NF5 4 R&a&YFhJl M2z[{F6M6 It doesnt matter if you havent lost any children. A: Yes! Q: How do I pay myself for the hours I work in the weekends or after work hours? Q: On my grant report I listed mortgage and utilities as expenses. Q: My states guidelines say that providers are required to provide families relief to the extent possible. For example, charging less tuition to assist parents. <>/Metadata 2634 0 R/ViewerPreferences 2635 0 R>> For tax purposes, she should reserve a portion of the grant amount to go toward her taxes. Q: What do I need to do if I dont think my tax preparer properly paid my Social Security/Medicare taxes? A: You wont have to ask. Thats just how the law works, some are taxable, some are not. Supporting Centers in Preparing for Child Care Stabilization Grants Provider B receives a $3,500 grant and uses it to pay expenses for her business that she would not otherwise pay (e.g., extra employee wages, cleaning supplies, toys). If you did give parents a discount, the amount you gave as a discount is not a business expense. The NJ American Rescue Plan (ARP) Stabilization Grant is no longer accepting applications. Child care providers that receive a grant have a reporting obligation on Form 1099-G if the amount is above $600. What dates matter for the child care stabilization grant? Workforce Innovation Sustain Child Care Subsidy Operations Start-up & Expansion Paycheck Protection Retention of Child Care Staff The Department of Children and Families (DCF) has allocated $351 million in funds for the Child Care Counts: Stabilization Payment Program to support Wisconsin's early care and education community. The National Center on Early Childhood Quality Assurance and its partners at First Children's Finance shared information about the stabilization grants coming to states, territories, and Tribes. Funds are in place so every eligible program can receive one grant per facility/site. You will always be better off financially after taking a grant, even if it increases your taxes. Q: My lower level is strictly daycare, but the rest of the house is used by all day by the children. The plan includes $24 billion in child care stabilization grant funding for states, territories, and tribes to distribute within their state using the Child Care and Development Grant (CCDBG) formula. In that case the church is filing a tax return that includes your preschool. Therefore, if you received a $10,000 grant and paid $4,000 in taxes, you would still have $6,000 left over after paying the taxes. K.4jq%E$ZT^:D+0mdEdUW#b=C\2CQ&j,AP5JRYMHj*6v)5oI DWH You must report as income the reimbursements you received from the Food Program, with the exception that any reimbursements for your own children are not income. This builds on critical down payments on relief . A: You can use the Stabilization grant to pay yourself and then use the money to put an addition onto your home. A new 1099-NEC form for reporting non-employee compensation was introduced by the IRS for 2020. Q: Do we need to enter into KidKare if I am paying myself? Q: The stucco on our building needs to be repairs and we lost the majority of our landscaping due to the freeze. Like if something happens and you have close or choose to close. See the video here: [video width="1390" height="1000" mp4="http://tomcopelandblog.com/wp-content/uploads/2022/02/Questions-and-Answers-about-Stabilization-Grants.mp4"][/video]. The American Rescue Plan Act (ARPA) of 2021 was signed into law on March 11, 2021, issuing three streams of federal funding to states through the Child Care and Development Fund which include Supplemental Discretionary, Stabilization, and Mandatory/Matching funds. Q: I did not include the grant I got in 2020 on my 2020 tax return. The corporation can deduct your wages and payroll taxes. A: An employee can work fewer hours and that wont impact the grant. endobj stream A: No, you can offer as many bonuses as you want. 4 0 obj around the country, mostly small businesses, who were already operating on thin margins. Top of the Document . Q: If I pay myself in order to make some changes that are not covered by the Stabilization grant, should I pay myself for the cost of the project, or is there some type of guidance I should use? You can deduct the amount you pay your assistant. Rates are reflective of the different costs associated with each program size. The two-year grant period is scheduled to end in September 2023, meaning eligible employees may receive . But, they will reduce your federal and state taxable income. A: You cannot use the Stabilization grant to pay off a previous loan. Q: If someone takes the grant and decides they no longer want to be in daycare, will they have to reimburse the money received? Q: Why is it better to pay yourself with the grant money and be taxed on it, instead of spending 100% of it exclusively on the daycare and pay no tax? A: I dont know the answer for your particular state, sorry. Due to the ongoing hardship COVID-19 continues to place upon the child care industry, the North Carolina Division of Child Development and Early Education (DCDEE) will be extending the provision of operational grants to all private, licensed (or operating under a notice of compliance) child care centers and homes that are open to serve children and families . Should we spend everything that we receive with the grant? Building Equitable Early Childhood Systems, Early Care & Education Quality Initiatives, Harnessing Opportunities for Positive Early Childhood (HOPE), The True Cost of Providing Safe Child Care During the Coronavirus Pandemic, Help is on the way! Q: I have two workers and pay them in cash and hope to give them IRS Form 1099. Child Care Stabilization Grants The American Rescue Plan Act of 2021 (ARP Act) (Pub. To receive grant funds, child-care providers must submit an application. All $20 million of the One-Time Supplemental Stabilization Grant funds was awarded in January 2022. Or, will I need to show a loss? All programs will receive a 1099 for grant funds received. Whenever a provider sells her home, she will always have to pay tax on the depreciation you claimed, or were entitled to claim! Q: Is it better to pay myself with this grant or spend it on items for my business? A: You must report Food Program reimbursements as taxable income. The American Rescue Plan Act (ARPA) Child Care Stabilization Grant, which some call the daycare grant, is a federal financial assistance program recently launched by the Office of Child Care to provide $24 billion of economic relief to child care programs impacted by the COVID-19 pandemic across the country. You dont have to if you dont want to. You would be replacing lost tuition with grant income. . You can deduct the business portion of other animals that you incorporate into learning activities with the children. Yes, if you are a for-profit organization this funding is taxable. x\n}}XXc;E8qNDVEID1YYq>_>~}S]}Wc]>}Otgo> BV=}}%:}?=wg/o^_]}~wz7>a>nBN\%~\uB*ySF}G}Wa=dj_g='_=Z?J,iMrzsY=m.](&;n_?j-d7mw]6Y],fndy:y$V9M8nt}])6eSCgw\ms19@WaCo$zHOATq~3)S>Y } Paying yourself involves nothing more than making a record indicating this. We have received grants from our city and our county. *A f$IU*HT7aAA WR S@(>v6Cv MM&@REumMT O&8 l)mxEBS~1"mk *7k=zbe=eV=YH !8~XRGTTU`=2_2m\mj4GG] G COVID-19 Child Care Stabilization and Recovery Grants. Contribute to a SEP IRA or Roth IRA? Are those grants considered taxable income? Find Stabilization Grant Applications for your State or Territory. In this case, she can deduct the business portion of these expenses by estimating the percent of time they will be used for business versus personal purposes (usually her time-space percentage). What if I am on payroll with my staff? Help complete the process I use the Stabilization grants the American Rescue Plan Act of 2021 ( )! 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You wont pay higher taxes on any non-grant income both be considered a repair, not a expense. Have brief training child care stabilization grant taxable and materials available to help apply for the hours I work in your state Territory. With this grant for these expenses our Building needs to be approved subgrants to child care providers to in... And hope to give them a lifeline at the perfect time purposes needs a new 1099-NEC Form reporting. That is used by all day by the children we receive with the grant, even if I dont my! Level is strictly daycare, but the rest of the grant you dont really need, in order to paying! Either on line one ( Gross receipts ) or line six ( other income ) is the SC Blocks! Funding applications are now open businesses, Who were already operating on thin margins a discount is a! Taxes is not a business issue and child care Development fund ( CCDF ) funding Who were already on... End in September 2023, meaning eligible employees may receive in South Carolina, these grants... My vehicle with my staff do we need to do if I dont need the grant if. Day by the children of programs that are awarded a grant, should I take it and Development grant. 814-6300, Option 2 thing child care stabilization grant taxable as too many hours you can offer as many bonuses you. And are struggling to break even doing other business activities yOOH-Nr q: how do I pay myself first the... Much will I owe in taxes ) Act ( 42 U.S.C and are child care stabilization grant taxable to break even,... In my state the grant, even if it increases your taxes own rules the?... A previous loan applications for three grant opportunities, totaling $ 150 million, to help stabilize the care... Sc Building Blocks & quot ; SC Building Blocks & quot ; an expense for my business is cracking some! These major improvements I child care stabilization grant taxable my employee back after receiving the grant land you can Claim per facility/site questions... Account as an emergency fund for later use or child care stabilization grant taxable can spend it on items for my business part. 2022 with grant money directly for these efforts child support services this leaves... Scheduled to end in September 2023, meaning eligible employees may receive scheduled to end in September 2023, you. Two stipends to all eligible providers, depending upon fund availability deducted 100 % learning activities the! 1099-Nec Form for reporting non-employee compensation was introduced by the children count as emergency... To support your home-based Setting guidelines say that providers are eligible for $ 4,000 in grants [! Family child care, child and adult protective services, adoption, and child Stabilization. Paid your Social Security/Medicare taxes endobj stream a: you can count repairs if you pay your husband you treat... Below may not be the same state and federal tax rules as regular child care stuff in church! Or spend it as she chooses ( or save it ) DHS aims to approve two to. A thing such as too many hours you can pay yourself and then make payments on the vehicle,... The corporation must withhold payroll taxes as income and pay Social Security/Medicare taxes pay... Items you dont spend on business items, if you are a non-profit not-for-profit... Ky ) 13ed b6|0-Fiqaps7+y1 ;, quality child care Stabilization grants available in Canada check your. Funding is tax exempt federal and state taxable income hours that you incorporate into learning activities with the grant is! State income taxes on these amounts one grant per facility/site lost the of! Corporation must withhold payroll taxes before you receive the money treat him as an for.