Category IRS Issues

IRS lowers fees on Form 1023-EZ

A homeschool group can gather without needing to file reports with the IRS, but they will be limited.

A fundraiser can bring in so much income that it can jeopardize your 501c7 status because the fundraiser income exceeds 35% of total income.

There is a new website for filing the IRS ePostcard, Form 990-N

Hard working volunteers in a homeschool organization, who get a discount on tuition, could have to report and pay taxes on their "compensation."

A homeschool group wants to be a nonprofit corporation. Do they need to reapply for 501c3 status?

A homeschool support group leader read that her group cannot have a Statement of Faith or be religious. Is this correct?

Homeschool leader cannot find her group in the IRS database of exempt organizations.

Carol Topp, the Homeschool CPA, explains tax exempt status for homeschool support groups in her latest podcast episode.

Fund raisers may be subject to IRS taxes.