The Family Child Care Inventory-Keeper is an easy-to-use log that
enables you to track the furniture, appliances, and other items you use
in your home-based family child care (daycare) business. Once you
identify these items, you can reduce your taxes by depreciating them as
business expenses. By filling out the Inventory-Keeper, you will have
all the information needed to claim depreciation deductions for such
items as a washer, dryer, computer, television, DVD player,
refrigerator, stove, freezer, bed, sofa, lawn mower, microwave, swing
set, and so on. You can use the Inventory-Keeper to claim depreciation
deductions for furniture and appliances that you purchased years before
your business began, as well as for items you bought after your business
began. The Inventory-Keeper can help you identify many deductions that
you may have otherwise missed. It can also be used for insurance
purposes if any of your items are ever stolen or destroyed. There is
even a section where you can list items that are strictly personal. The
Inventory-Keeper can track it all.