Is a homeschool support group automatically tax exempt?
Most homeschool support groups can be considered 501(c)(7) Social Clubs. Why is that important?
Most homeschool support groups can be considered 501(c)(7) Social Clubs. Why is that important?
History repeats itself sometimes and this is a good time! The IRS is again delaying the implementation of lower reporting thresholds for Form 1099-K. Form 1099-K is a form a taxpayer (in this case a homeschool group) will receive if…
If your organization has not filed any of the 990/990EZ/990N forms for three years, it is likely your tax exempt status was revoked.
Help with taxes for Classical Conversations Directors.
Every once in a while the IRS does something smart and listens to tax experts and taxpayers! The IRS has wisely delayed implementation of the reduced threshold of $600 for third party payment processors to send Form 1099-Ks to payees.…
I learned of a former Classical Conversations (CC) Director that left CC and started a nonprofit homeschool group in spring 2021. She forgot to file Form 1099-NEC for her 6 CC tutors that she paid in early 2021. The Form…
A homeschool treasurer has several questions about tax exempt status and financial oversight of adding a football program.
Links to an explanation of the IRS rules regarding fundraising.
Homeschool groups should not call a fee discount a scholarship.
Can a homeschool parent take the Educators Expense deduction?