The Basic Guide to Family Child Care Record Keeping helps you claim all allowable IRS deductions by spelling out what deductions you can claim, what records you need to support these deductions, and the best way to keep those records. This book can save you hundreds of dollars in taxes. The Basic Guide What is deductible on your taxes - over 750 allowable deductions identified How to calculate your Time-Space percentage - using new IRS rulings How to set up a record keeping system How to conduct an inventory of your personal property