HomeschoolCPA blog | HomeschoolCPA.com

IRS Issues, Money & Budgets, Volunteers

No receipts for expenses can get you in trouble!

A new treasurer of a large homeschool co-op recently contacted me. The co-op had a long standing practice of giving checks to all the volunteer co-op teachers at the beginning of the school year. These checks were to be used…

Co-ops, Money & Budgets

Handling supply fees in a co-op

Carol Topp
10/22/2012

EINs and Names, Money & Budgets

Checking accounts and EINs for homeschool groups

A homeschool leader is told she needs a tax ID number to open a checking account.

IRS Issues, Nonprofit status

Group over the $5K limit. What to do?

A homeschool leader wonders what are her choices for her group that bring in more than $5,000/year.

Carol Topp
10/01/2012

Co-ops

More Parents Opting for Homeschooling

Carol Topp quoted talking about homeschool co-ops and all the opportunities available to homeschoolers in this article from EpochTimes.

Carol Topp
09/10/2012

Boards, Money & Budgets

Financial Reports: What and how often?

Carol, Thank you for your wonderful words of wisdom. I am looking for a simplified report to publish every month in our newsletter. Would QuickBooks give a report that fit the needs of what is required for non-profit? It seemed…