❌ Tax Mistake #3: Missing Out on Deductions

As an Adult Foster Home (AFH) owner, you work hard to provide quality care, but are you maximizing your tax deductions? Many AFH owners leave money on the table simply because they don’t track or claim all the deductions they’re entitled to.

Every dollar you legally deduct lowers your taxable income—meaning more money stays in your pocket!

🚨 Common Deductions AFH Owners Often Miss

Here are three key deductions that many AFH owners forget to claim:

✅ Caregiver Wages – If you pay caregivers, assistants, or other staff, these wages (including payroll taxes) are deductible.

✅ Home Modifications for Resident Safety – Did you install ramps, safety railings, or specialized equipment to accommodate residents? These expenses may qualify as business deductions.

✅ Office Supplies & Utilities – Everything from printer paper to internet service and phone bills related to your AFH business can be deductible.

Other Overlooked Deductions:

✔️ Meals provided to residents

✔️ Mileage for medical appointments or business-related travel

✔️ Licensing and certification fees

✔️ Insurance (liability, workers’ comp, property insurance)

💡 Quick Tip: Track Your Expenses Year-Round

The best way to ensure you don’t miss out on deductions is to:

📌 Keep detailed records – Use a spreadsheet, bookkeeping software, or a dedicated folder for receipts.

📌 Separate personal & business expenses – Have a business bank account to track caregiving-related costs.

📌 Review deductions quarterly – Don’t wait until tax time—stay on top of expenses throughout the year.

✅ Get My Free Guide: Maximize Your Tax Savings!

Missing deductions is just one of the biggest tax mistakes AFH owners make. To help you keep more of your money, I’ve put together a free guide just for you:

📥 Download “Top 5 Tax Mistakes AFH Owners Make & How to Avoid Them”

Inside, you’ll learn:

✅ The most commonly missed deductions and how to claim them

✅ How to track and separate personal vs. business expenses

✅ The biggest tax mistakes that could be costing you money

💬 Need personalized tax strategies for your AFH business? Let’s connect!

👉 Download the free guide here!