Do you have your own business where you have to pay your own taxes?

First of all I give you high marks for starting a daycare. It is my firm belief that anyone who has the patience to care for other peoples children must be a saint. There are, indeed a lot of tax breaks for small businesses. Just a word of caution though. Keep excellent records and get receipts for everything. Set up a good filing system and don't wait until the end of the year to organize these receipts.

both my parents ran their own businesses up here in Canada. Mom ran a nursery school, and Dad sold leather.