Top 10 blog posts of 2016
Here is a round up of the top 10 most important blog posts from HomeschoolCPA in 2016.
Many of them have to do with paying workers in a homeschool organization
How to account for a surplus in your nonprofit records
A homeschool leader asks how to account for accumulated money on a financial statement
Accepting in-kind donations of equipment or services
Carol, My homeschool group (a 501c3 nonprofit) was donated $500 in science equipment. How to I record a gift like this in my record keeping? We use QuickBooks. How wonderful to receive such a generous donation. As a 501(c)(3)…
Do the new overtime rules affect homeschool groups?
Read the exceptions to the new overtime rules for nonprofits.
Are you asking for donations on your website?
Did you know that having a donation button on your website could mean that your organization would need to register as a charity in almost all 50 states?
What financial reports do we need to generate monthly?
A homeschool leader wonders what financial statements she should be reviewing each month.
HomeschoolCPA needs help and is hiring (please share!)
This is a great opportunity for a homeschooling parent with an accounting background. It's flexible, home-based and very rewarding!
Avoid controlling your independent contractor
How much you can control an independent contractor is a very difficult question to answer
Compensation to homeschool board members is taxable income
Homeschool leaders will know if they are paying their volunteers, board members and workers legally and correctly.
Can a homeschool group pay a volunteer?
Your homeschool organization can pay a volunteer, but the pay must be reported to the IRS.