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.
A new Classical Conversations Director asks how to report her income and expenses on her tax return.
Gifts to an individual family are NOT tax deductible donations to the donor.
Are educational classes like violin lessons and ballet classes tax deductions?
Are homeschool co-op fees tax deductible as childcare expenses?
April 15 was a little late for a Classical Conversations Director to ask if she needed to file any forms with the IRS!
A homeschool leader asks how to account for accumulated money on a financial statement
Carol, My homeschool group (a 501c3 nonprofit) was donated $500 in science equipment. How to I record a gift like this in my record keeping? We use QuickBooks. How wonderful to receive such a generous donation. As a 501(c)(3)…
A homeschool leader wonders what financial statements she should be reviewing each month.
How a homeschool organization can prevent embezzlement
What are the tax liabilities of a homeschool group giving scholarships?