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  • 501(c)(3) status, Co-ops

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,…

  • Carol Topp
  • 12/10/2019
  • Boards, Co-ops

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…

  • Carol Topp
  • 12/03/2019
  • 501(c)(3) status, Money & Budgets

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…

  • Carol Topp
  • 11/26/2019
  • Insurance, Podcast

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…

  • Carol Topp
  • 11/14/2019
  • Boards

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.

  • Carol Topp
  • 11/12/2019
  • Paying workers

California’s new ABC test for Independent Contractors. How will it affect homeschool groups?

California’s new law (AB5) puts into affect the 2018 ruling by the California Supreme Court in the Dynamex case that makes it more difficult to treat workers as Independent Contractors. The new law uses an ABC test introduced in the…

  • Carol Topp
  • 11/05/2019
  • Money & Budgets, Paying workers, Podcast

Top 10 Tips for Homeschool Leaders: Paying Workers

Lots of homeschool groups hire and pay teachers to conduct classes. Sometimes these teachers are homeschool parents, but sometimes they are professional instructors. Homeschool leaders have a lot of questions about paying teachers and other workers. Topics in this episode…

  • Carol Topp
  • 10/31/2019
  • 501(c)(3) status, IRS Issues, Money & Budgets

What does it cost to get tax exempt status?

It's not as expensive to apply for 501c3 tax exempt status as it used to be

  • Carol Topp
  • 10/29/2019
  • Boards, Co-ops, Podcast

Tips for Starting a Tiny Homeschool Group

Information on starting a tiny homeschool program

  • Carol Topp
  • 10/22/2019
  • Money & Budgets, Podcast

Top 10 Tips for Homeschool Leaders: Preventing Fraud

  Let’s hope fraud or embezzlement never happens in your homeschool group! Do you have safeguards to spot it and prevent it? In the podcast Carol mentions her list of “Best Practices to Prevent Fraud.” Find it here.   This…

  • Carol Topp
  • 10/17/2019
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