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In general, noncustodial parents are typically required to contribute to childcare expenses as part of their child support obligations, but this can depend on the specifics of the custody agreement or court order. If the daycare expenses are incurred for an unlicensed babysitter, it may be more difficult to enforce payment, as courts often prefer licensed childcare providers. It's important for parents to consult their custody agreement and possibly seek legal advice to clarify their responsibilities regarding unlicensed childcare costs.
What else can I help you with?
Is daycare considered a business expense?
Yes, daycare can be considered a business expense if it is necessary for the parent to work or conduct business activities. This expense may be eligible for tax deductions or reimbursement through employer-provided benefits.
Is it possible for daycare expenses to be considered a business expense?
Yes, daycare expenses can be considered a business expense if they are incurred for the purpose of enabling a parent or guardian to work or conduct business.
Is daycare deductible as a tax expense?
Daycare expenses are generally not deductible as a tax expense, but there are some exceptions for certain situations, such as if the daycare is necessary for you to work or attend school. It's best to consult with a tax professional for specific advice on your situation.
Can daycare expenses be deducted from taxes?
Yes, daycare expenses can be deducted from taxes as a childcare expense if certain criteria are met.
How long does a child have before starting college at the expense of a noncustodial parent?
Six months after graduation in those few states that require child support into the college years.
Can you claim home rent when home business?
Depending on the type of home business you are operating (for example, daycare) it is possible to claim the rent as part of your business expense. If only part of your home is utilized to conduct business (for example, home office), then you can deduct a certain square footage of your home as a business expense. You may wish to seek the advice of a professional.
Depreciation expense of building is a administrative expense or a selling expense?
selling expense
Can a job ad state you must have day care available for children?
yes it can, most jobs actually provide daycare assistance if you cannot find a day care. Some also assist by paying for all or half of the daycare expense. A lot of companies want you to have child care to make sure they are going to get your full attention and not have to share with problems with children. Its cruel, but welcome to the working world.
Is toner an office expense or an operating expense?
Office expense
Is an office expense an indirect expense?
yes it is an indirect expense
What is a non monetary expense?
Monetary expense is basically a cash-money expense, so a non-monetary expense is an expense that isn't money. Some examples would be physical or personal expense.
Is credit card fee expense a selling or administrative expense?
selling expense.
