Bank account for your family homeschool
Can you open a bank account for your family homeschool like it is a business?
Carol Topp
Homeschool mom, author and accountant. I enjoy helping homeschool leaders start and run their homeschool groups successfully.
Have trouble motivating members?
Motivating homeschool group members
Handling funds for big events like a senior formal
Homeschool co-op events
Homeschooling Other People’s Children. Is It Legal?
Hiring a governess to homeschool a child
Banker wants IRS letter to open a checking account
A banker asks a homeschool leader for her "IRS letter" before opening a checking account.
Is insurance needed for small homeschool groups?
Do small homeschool groups need insurance? Often they do, especially of their host/landlord requires general liability insurance. To help you discern your risk and need for insurance, Harvey Mechanic, an attorney that specializes in nonprofit law, lists some potential claim…
Should a homeschool co-op be a separate organization?
Carol, We have one entity (group) that works outside of our association, this is our Co-op group. This group does take in money – I believe it’s run out of a separate bank account. I know our Co-op group has…
Have we hit the $5,000 mark?
Carol, I am trying to do some research on the tax exempt status for our homeschool group and cannot find a clear answer. We are trying to see if we have hit the $5,000 gross receipts limit. Would money that…
Planning a Homeschool Co-op
Faye, a homeschool mom and columnist for the DC Examiner.com, has a great list to help start a homeschool co-op (edited slightly for brevity): Although it is wonderful to be able to plan lessons, activities and programs that best meet…
Three kinds of insurance for homeschool groups
Carol, We were told by our host church that we’ll need our own insurance policy. Can you look into that for us? Beth S, Ohio (I am a volunteer parent in this homeschool organization) This homeschool group had been told…