For years I told small homeschool groups: “If you never incorporated as a nonprofit corporation in your state, then by default, your organization is an unincorporated association.” And I also told them that, “Unincorporated associations CAN apply for 501 tax…
The US Department of Treasury wants all “business entities” formed by filing with their Secretary of State to register in 2024 in their new Beneficial Ownership Information Reporting. Here’s a handy information brochure. This new new federal database is designed…
Nicole Doyle, a homeschool leader from Georgia, shared with me several places where she received grants for her homeschool group: WalMart Foundation gave her group $500 Target gave $350 for field trips Publix (grocery store) gave Nicole’s homeschool group $200…
I have found the IRS Streamlined Application for 501c3 status, Form 1023-EZ, a wonderful, fast way to get tax exempt status for hundreds of homeschool groups and other nonprofits. But, the Form 1023-EZ has its problems and critiques. One critique…
A homeschool treasurer has several questions about tax exempt status and financial oversight of adding a football program.
The homeschool co-op that I am building cannot qualify for 501(c)(7) social club because we offer classes, therefore we have an educational purpose. But are we required to have a 501(c)(3) status? We are not interested in the benefits of…
Are homeschool co-op fees tax deductible?
I am so pleased and relieved to announce that First Colony Homeschool Ensembles (FCHA) in Texas has had their 501c3 tax exempt status reinstated! This case was particularly complex. Over a year ago FCHA contacted me. FCHA had applied for…
Do you have an article on the pros and cons of tax exemption? I’m thinking we would like to just incorporate with the state and not apply for tax exemption. I don’t like the restrictions on endorsements for tax exemption.-Gretchen…
Hi, we are creating a homeschool pod. I was wondering if you think 501c3 or 508 is better for us. We would like to be a PMA. Hello, I am interested in a conference call. We are looking at getting…