Easy to understand financial reports for a homeschool organization
I recommended a homeschool organization consider a Chart of Accounts similar to the IRS Form 990 and other nonprofit organizations.
Carol Topp
Homeschool mom, author and accountant. I enjoy helping homeschool leaders start and run their homeschool groups successfully.
Did your homeschool group lose its tax status? (podcast)
Podcast on how to know if your group's tax exempt status was revoked and how to get it back.
Tax forms for a special ed homeschool teacher
Parents wonder if they need to give any tax forms to a teacher they hired to homeschool their child.
Homeschool groups awarded 501c3 status in less than 10 days!
More homeschool organizations receive their tax exempt status from the IRS
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?