Taxes for Homeschool Business Owners ebook
My latest book, Taxes for Homeschool Business Owners!
Carol Topp
Homeschool mom, author and accountant. I enjoy helping homeschool leaders start and run their homeschool groups successfully.
End of Year Tasks for Nonprofit Homeschool Groups
Happy New Year! In the new and out with the old. But wait! Not so fast! There are several tasks a nonprofit homeschool group needs to do to finish out the prior year before forging ahead. 1. Wage Form W-2…
Merry Christmas 2019! Don’t plan on getting a lot done!
Why can I not get everything done that I plan over a break?
Where to get initial funding for a homeschool nonprofit start up?
A homeschool parent is launching a new homeschool program. Like many nonprofits, she needs some money to start up. The main concern for our group at the moment are funds for filing (for nonprofit incorporation and 501c3 tax exempt status).…
DIY 501c3 tax exempt status
In 2019 Carol Topp started an ambitious project. She set out to record 3 webinars to hep homeschool groups form a nonprofit and apply for 501vc3 status. In this podcast she describes these 3 webinars. Create a Nonprofit Organization for…
New homeschool co-op wants simplicity. Any taxes due?
Hi Carol.I started up a group of a few families last year as a homeschool co-op in our community. As we have grown a little more this year, I would like to start up a checking account. My question is,…
Homeschool Teacher Accused Molester: How to Safeguard Children
The headlines that came proclaimed something we all fear: A homeschool teacher molests 17 year old girl. Arkansas mom held for sexually abusing teenage girl As homeschool leaders we never want to read about the horrific things that could happen…
Does bank account need to be less than $5,000 to be self declared tax exempt?
We are a small group (43 families) starting a non-profit. We have used several of your free and purchased resources. Thank you for your work in this space. Question…does the opening balance of the bank account need to be less…
Top 10 Tips for Homeschool Leaders: Insurance and Record Keeping
Homeschool leaders sometimes wonder when they need an insurance policy. And what type of policy do they need? In this episode Carol Topp, CPA discusses the various types of insurance a typical homeschool group might need. Additionally, homeschool…
What are laws and what are good practices for nonprofits?
Leaders of a nonprofit should be motivated by a desire to serve their community of homeschooling families in a good and responsible manner.