Can a co-op refund fees to members?
A homeschool co-op leader asks about returning supply fees charged to members.
Category Nonprofit status
Homeschool CPA’s most important blog posts
These are my most important blog posts. I refer homeschool leaders to these blog posts most frequently. These are keepers! Print them out and share them with your homeschool leader. Is your homeschool co-op’s hired teacher really an employee? We’re…
New homeschool group wants to avoid paying taxes
A new homeschool leader asks about filing and paying taxes for her group.
Tax Exempt Status for Homeschool Co-ops (video)
Carol Topp, the HomeschoolCPA, answers questions from homeschool co-ops leaders on tax exempt status and insurance for homeschool co-ops in this presentation, "Homeschool Co-ops Are Like Marriage: Know What You're Getting Into" at the Midwest Homeschool Convention. Part 7 of 7.
Nonprofit status for homeschool co-ops (video)
Carol Topp, the HomeschoolCPA, shares helpful information on nonprofit status for homeschool co-op in this video clip from, "Homeschool Co-ops Are Like Marriage: Know What You're Getting Into" at the Midwest Homeschool Convention. Part 6 of 7.
How do I set up a new homeschool co-op with the right structure and tax forms?
What business structure and tax forms are needed for a new homeschool co-op?
Is a homeschool support group automatically tax exempt?
Most homeschool support groups can be considered 501(c)(7) Social Clubs. Why is that important?
IRS makes it easier to convert to a nonprofit corporation
For years I told small homeschool groups: “If you never incorporated as a nonprofit corporation in your state, then by default, your organization is an unincorporated association.” And I also told them that, “Unincorporated associations CAN apply for 501 tax…
Do homeschool groups have to file this new FinCEN report?
The US Department of Treasury wants all “business entities” formed by filing with their Secretary of State to register in 2024 in their new Beneficial Ownership Information Reporting. Here’s a handy information brochure. This new new federal database is designed…
Lost your tax exempt status?
If your organization has not filed any of the 990/990EZ/990N forms for three years, it is likely your tax exempt status was revoked.