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For Family Child Care Providers, understanding and correctly preparing taxes can help boost income and retain profit. AVANCE has partnered with Civitas Strategies and the Texas Workforce Commission to create this video to help with tax filing by giving an overview of tax basics and some important topics, such as the parts and purpose of a Schedule C, red flags that may increase the risk of an audit, and confusing areas in the forms when calculating revenue and expenses.
#taxes #familychildcare #homechildcare #smallbusiness #familychildcareprovider #AVANCE