In California I can take care of one family legally without being licensed. A friend is looking for work and asking me to take care of her children while I'm waiting for my license. Can I claim write offs during this time? I think I read that I cannot claim the mortgage, utilities and all that but can I claim other things like craft supplies and the like. Not sure since I'm still legal but not licensed.
Also, while I am getting my business ready...buying things that the business needs (but not yet licensed) can I write those things off? Office supplies, marketing, home improvement, computers, etc...or do I have to buy all those things after I get my license in order to claim it on my taxes? I'd really like to have all my ducks in a row asap. Plus some of it I will need to do before the home inspection. Do I have to have children in my care to claim these things? Seems I should be able to...yes? No?
Also, while I am getting my business ready...buying things that the business needs (but not yet licensed) can I write those things off? Office supplies, marketing, home improvement, computers, etc...or do I have to buy all those things after I get my license in order to claim it on my taxes? I'd really like to have all my ducks in a row asap. Plus some of it I will need to do before the home inspection. Do I have to have children in my care to claim these things? Seems I should be able to...yes? No?
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