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01/22/2014

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Julie

Hi Mr. Tom Copeland:
I have a daycare insurance question for you. My daycare insurance kept going up and I never had to use it. Any way I have 2 business in town and two out of town that I inquired with. I figured I needed to shop around. Any way I found one and he quoted me $318.00 and I didn't need a fence.Since I did some shopping around with other places he said he had to charge me $466.00.Time was running out on my deadline. I shared my information with my friends because they were also looking for daycare insurance and they got charged $318.00 for a year. Why???

Sue Weller (Knie)

Tom,
One other point Charitable contributions of $250 or more in any one day to any one organization must have written substantiation from the organization, including a description of the property. I would suggest making several trips if you are going over the $250 threshold.

Tom

Julie - I don't know why. It could be because of your location or a number of other factors.

Deanna

Thinking about retiring in a year. What do I need to do before I retire from my daycare bussiness.

Tom

Deanna - You may want to consider making any home improvements before you go out of business to take advantage of some depreciation deductions. Otherwise, there is nothing to do, business wise, before retiring.

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