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Time Space Percentage (TSP) and Tax Impact

Your Home or Family Care Business’ Time-Space Calculation (TSP) Session
How can you potentially reduce your taxes? Having an accurate, timely Time-Space Calculation (TSP) is important for family-care based businesses. Long-time child care consultant, Tom Copeland, says understanding and managing your TSP is the most important factor with your taxes. Constructed, interactive Excel spreadsheets will highlight potential advantages of updating your TSP calculation.
The session will discuss: 1) the TSP overall concept, 2) Tracking tools for time worked in your business, 3) Home space layout and shared/exclusive space classification, 4) Examples of tax savings using TSP accurately. Documentation tools will be provided for tracking your time and space in your business.

  • Wednesday December 8th, 2021
    6 p.m.7 p.m.
  • 70821
    Set One Standards
  • No Age-Related Content  
    Program Management (1)  

    It is your responsibility to verify that the training sessions you select will meet your licensing or professional development needs.
  • Free
  • English
  • Dave Tremblay
  • Deschutes

  • To be announced

  • Preregistration required. For more information or to preregister, contact NeighborImpact Child Care Resources.
    Phone 541-548-2380 x118,
    Email ccr@neighborimpact.org