How to thank a volunteer
Avoid cash and gift card so your volunteers don't have taxable income to report for your gift.
Category IRS Issues
Filing Form 990 retroactively
Carol, I hope you can help me I am a newly hired Executive Director for a program in Alaska. Our Board President, filed the paperwork for state non-profit, and also for our EIN, however since 2007 he has not filed…
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…
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.
Can we “self proclaim” tax exempt status?
The IRS explains that 501(c)(7) social clubs do not have to file an application to be considered tax exempt:
Congratulations to BCHE on 501(c)(3) status!
A homeschool organization in TN receives IRS tax exempt status.
Homeschool support groups can self-declare tax exempt status
A homeschool leader asks how to find information on self declaring a homeschool support group as tax exempt.
Can my family’s homeschool be a nonprofit?
A homeschool family wants to be set up as a nonprofit since homeschools are private school in their state.
Can a homeschool be tax exempt and obtain grants?
Dear Carol: I am interested in writing proposals for grants for my family’s home school. As an individual home school, not as a home school support group, I want to apply to receive small amounts of money for travel, museum…
Any Tax Breaks for Homeschoolers?
Tax season has officially launched, so it’s time to address a question I am frequently asked, Do homeschoolers get any tax breaks for their homeschooling expenses? Can a homeschool family deduct any of their homeschool expenses? Sorry, but the federal…