Small charity grows and gets audited by the IRS for it!
The IRS claimed a small charity should have filed the longer Form 1023.
Carol Topp
Homeschool mom, author and accountant. I enjoy helping homeschool leaders start and run their homeschool groups successfully.
When Applying for an EIN, They Want my Social Security Number!
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…
How to Start a Homeschool Co-op
Tips on starting a homeschool co-op
Should Your Homeschool Group Be An LLC?
Maybe your homeschool group should be an LLC! Or maybe not!
Is buying T-shirts from a board member a conflict of interest?
How should a homeschool group handle a conflict of interest?
Should a Homeschool Nonprofit Let Members Vote?
Should your homeschool nonprofit group let its members vote? There are many nonprofit groups that do not give their members a vote, but some do! What are the pros and cons or each arrangement? In this short podcast episode…
Can homeschool groups give free tuition to teachers like private schools?
The US Tax Code says qualified tuition reduction is not taxable income to a teacher. Does that apply to homeschool groups?
Does My Homeschool Group Need Directors and Officers Insurance?
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?…
Motivation to homeschool is changing. How does your group adapt?
As more people start homeschooling for different motivations how does your group adapt?
Blurring Lines of What is Homeschooling
On the I Am a Homeschool Group Leader Facebook page, a lot of discussion happened around the topic of being an inclusive group (open at all) or exclusive group (limiting membership). Several homeschool leaders contributed the reasons for their group’s…