Tax Exempt Q&A with Homeschool Leaders
Carol Topp, CPA answers questions from homeschool leaders about self-declaring tax exempt status for your homeschool support group.
Category IRS Issues
Don’t tell the IRS your homeschool group is a private foundation (if it’s not).
A homeschool group incorrectly tells the IRS they are a private foundation.
How does the IRS see my homeschool support group?
Your homeschool support group is probably a social club in the eyes of the IRS. Social clubs can get automatic tax exempt status without applying, but they must maintain that tax-free status.
Self-declared tax exempt status for 501c3 homeschool groups
How a homeschool group can "self declare" its tax exempt status.
IRS tries to decrease errors in automatic revocations for tax exempt organizations
Carol Topp, CPA the HomeschoolCPA has a few idea to help the IRS decrease erroneous automatic revocations.
How can I thank my volunteers?
Ways to thank your volunteers that are tax-free.
Is there a penalty for misclassifying my homeschool group’s workers?
A podcast episode that explains the difference and why it matters how you classify your homeschool group's workers.
Understanding Taxes for a small homeschool business
Homeschool business owners can learn how to prepare their tax returns
Tax return for a Classical Conversations homeschool business
A new Classical Conversations Director asks how to report her income and expenses on her tax return.
What Homeschool Leaders Don’t Know About Losing Tax Exempt Status
Helping homeschool leaders know what to do if their organization has lost its tax exempt status.