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Old 02-02-2008, 01:12 PM   #1
adorame
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Join Date: Jun 2007
Location: Ohio
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Question Tax brakes for Breeding???

So what is allowed as deductions if you use this option for a home business?

I only ask because our accountant that we use for taxes was informing me of this. I had a home day care for 10 months and we got to take out meal expenses and other things that I had no clue I was able to do for having a home business. I had all recepts because the Director at the Child care office told me to keep them for anything that I used for keeping my friends children so I did. Anyway's She was telling me of how she breeds toy Poodles and that she was able to use her breeding program as deductions. She mentioned any food after the first litter, vet bills for any check up, shots, testing, and any advertising that you use. She said that she only had 3 litters per year from the three females that she has (one litter per dog a year) Thanks to anyone who answers for me, I have no clue that you were able to do it so it spiked my curiosity a bit, like can you do this if you only have a few litters a year? Also wondering about it because this could explain the puppy mill situation that happens depending on the tax brake one could get. It just got me really thinking and thought I would ask here.
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