Homeschool groups awarded 501c3 status in less than 10 days!
More homeschool organizations receive their tax exempt status from the IRS
Carol Topp
Homeschool mom, author and accountant. I enjoy helping homeschool leaders start and run their homeschool groups successfully.
IRS reports your homeschool group needs to file every year
Your homeschool group should be filing some reports every year with the IRS. Did you know that?
Is this a gift or compensation to a homeschool leader?
A homeschool leader is given thousands of dollars in gift cards and free tuition each year. Are these gifts or taxable compensation?
Accounting software recommendations for homeschool groups
What are some accounting software recommendation for homeschool organizations?
Compensating board members can be troublesome!
A homeschool organization can compensate your board for their service, but compensation to officers is taxable income and the board members must be paid as employees.
How to get added to the IRS database and file the Form 990N
A homeschool support group knows it needs to file an annual report with the IRS but how?
Ask your board these question to spark discussion and planning
Does your homeschool board lack direction and forward thinking?
Should my homeschool co-op be giving any tax forms to our teachers?
Homeschool co-ops should be giving Form 1099MISC to their paid teachers.
What is the difference between a homeschool support group and a homeschool co-op?
One difference between a homeschool co-op and support group is their tax exempt status in the eyes of the IRS.
Can we get an EIN without giving a name and SSN?
Homeschool leader is uncomfortable about putting her Social Security Number on her co-op's EIN application.