501(c)(3) status, Co-ops, IRS IssuesHomeschool group answers IRS questionsHomeschool organizations need to have their financial information and organizing documents ready to send into the IRS when asked.Carol Topp05/20/20151 Comment
IRS Issues, Nonprofit statusHow can the IRS revoke my tax exempt status when I never applied for it?A lot of small organizations have learned that their tax exempt status had been revoked and they didn’t even know about it!Carol Topp05/13/2015
Co-ops, Money & BudgetsHow to change your nonprofit’s fiscal yearA homeschool leader wants to change her co-op's fiscal year.Carol Topp04/29/20151 Comment
Boards, EINs and NamesCreate a board binder of important papers for your homeschool organizationHere's a list of important papers to pass down to the future homeschool leaders of your organization.Carol Topp03/25/2015
Money & BudgetsEasy to understand financial reports for a homeschool organizationI recommended a homeschool organization consider a Chart of Accounts similar to the IRS Form 990 and other nonprofit organizations.Carol Topp03/18/20151 Comment
501(c)(3) status, IRS IssuesDid 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 (podcast)Podcast on how to know if your group's tax exempt status was revoked and how to get it back.Carol Topp03/12/2015
Paying workersTax forms for a special ed homeschool teacherParents wonder if they need to give any tax forms to a teacher they hired to homeschool their child.Carol Topp03/11/20151 Comment
501(c)(3) statusHomeschool groups awarded 501c3 status in less than 10 days! More homeschool organizations receive their tax exempt status from the IRSCarol Topp03/04/2015
501(c)(3) status, IRS Issues, Tax exempt status revokedIRS reports your homeschool group needs to file every yearYour homeschool group should be filing some reports every year with the IRS. Did you know that?Carol Topp02/26/20152 Comments
Money & Budgets, Paying workersIs 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?Carol Topp02/25/2015