Easily Insert Calculations into the Child Care Contract

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How to Insert Calculations into the Child Care Contract

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Hello. Welcome. Im Tom Copeland, Im an attorney, author, trainer, advocate for the businessside of family child care. In this video were going to talk about what are the two mostimportant terms to include in your contract. We start with what is a contract? Its a legally enforceable agreement between two parties, you and the parents. Those legally enforceableterms include the hours of your operation and the fees that you charge. These are the thingsthat you could enforce in court if you had to. Hours of operation. When are you open? When youopen or close for holidays, vacation, sick time, when are you open? Fees. All the fees that youcharge, registration fee, weekly fee, monthly fee, part-time fee, overnight fees, supply fee, fieldtrip fee. Youre giving me a headache fee. Its all included in your contract, and these things are enforceable in court. In addition to the hours of operation and yourfees a basic contract would also include obviously the names of

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What is a minor who contracts for a necessary?

A child under the age of 18 is considered a minor and can only sign a contract if it is essential items. Essential goods include medicines, food and medical services. Otherwise, the minor child must have the consent of a parent or guardian to the contract for it to be legally binding.

What is the reimbursement rate for CCTR?

The Standard Reimbursement Rate (SRR) for General Child Care (CCTR) and Migrant (CMIG) is $47.98 per child day of enrollment (cde) or $11,995.00 per annum based on 250 days of operation (California Education Code [EC] Section 8265 [b] and State Budget Act of 2018, Item 6100-194-0001, Provision 5).

Which of the following should be included in a contract between a child care provider and a parent?

They usually include such things as schedules, discipline policies, and other requirements (e.g., requiring parents to provide a change of clothing).

What is the difference between an agreement and a contract?

A contract is an agreement, but an agreement is not always a contract. An agreement can be informal or it may be written; a contract may be verbal or written, but a contract will always be enforceable if it contains certain requirements.

Which of the following types of contracts has a special form or must be created in a specific manner?

�� Formal Contract: A contract that requires a special form or method of formation (creation) in order to be enforceable.

Are parents liable for the contracts entered into by their children?

ing to Common Law System, parents are not liable for contracts signed or asserted by their children except when the contract is either personally or on behalf of parents, signed along with the minor signing and assenting to any contract.

Will IRS audit child care expenses?

As a child-care provider, the IRS will ask you what fees you charge if a parent drops off a child early or picks him up late. The auditor will want to know about any other special fees you charge. Its therefore important to keep careful records, as well as keep a copy of each child care receipt for tax purposes.

What is the maximum income to qualify for child care subsidy in California?

Eligibility for the State Programs Family members in home (children and adults)1-23Total Household Gross Monthly Income*$7,068$8,049

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Insert Calculations into the Child Care Contract