HomeschoolCPA Carol Topp frequently mentions that homeschool leaders have a duty of care and loyalty to their groups. What does a duty of care look like? How does a leader know know if she is being loyal? This is the…
Let’s hope fraud or embezzlement never happens in your homeschool group! Do you have safeguards to spot it and prevent it? In the podcast Carol mentions her list of “Best Practices to Prevent Fraud.” Find it here. This…
Amanda’s been secretary of her homeschool group, Heartland Homeschool Association in southeast Missouri. But she agreed to a new role as treasurer. In this short podcast episode (12 minutes) Carol Topp, the HomeschoolCPA, and Amanda will discuss: Keeping a…
A nonprofit group may raise a lot of money from fund raising. These fundraisers could be so successful the leaders may wonder if the homeschool group owes anything to the government in taxes. For the most part, fund raising…
Homeschool leader, Paula, was applying for an EIN (Employer Identification Number) online, but the IRS website asked for her SSN (Social Security Number). She is reluctant to give it out. Should she be concerned? Someone (the “responsible party”) must…
Does your homeschool group need to protect your leaders? Sure you do, so you may consider purchasing Directors and Officers (D&O) insurance. In this short podcast episode (12 minutes) Carol Topp, the HomeschoolCPA, will explain: What is D&O insurance?…
