Good news for nonprofits that didn't know they needed to be filing annual returns with the IRS (Form 990) and lost their tax exempt status.
Carol Topp discusses tax exemption for homeschool groups on her internet radio show Dollars and Sense, part of the Ultimate Homeschool Radio Network.
One homeschool support group, asks, "What are 'organizing documents' and why does the IRS require them?"
IRS Form 990-N frequently asked questions
Some helpful information for homeschool support groups from a recent IRS forum.
A homeschool leader wonders if it's cheaper to pay taxes than apply for tax exempt status.
A homeschool organization in FL receives IRS tax exempt status.
A homeschool leader is confused by IRS thresholds for her nonprofit group.
Homeschool organizations need to know there are deadlines to apply for 501(c)(3) tax exempt status!
A business owner asks the steps to set up homeschooling as a business and deduct the homeschool expenses.