Did your homeschool group lose its tax status? (podcast)
Podcast on how to know if your group's tax exempt status was revoked and how to get it back.
Your homeschool group may have lost its tax exempt status and not even know it! I explain this problem in an episode of the Dollars and Sense Show podcast.
In 2006, the IRS made filing an annual report (Form 990/990-EZ, 990-N) mandatory for nonprofit organizations. Nonprofits that failed to file the Form 990 for three consecutive years, had their tax exempt status automatically revoked.
In the podcast, I discuss how to know if your group’s tax exempt status was revoked and how to get it back.
Episode #36 Required IRS Reports for Homeschool Groups explains the Form 990.
My book The IRS and Your Homeschool Organization is a helpful resource for homeschool organizations considering the benefits of tax exempt status. Available here.
Carol Topp, CPA
HomeschoolCPA.com
