It’s that time of year when your homeschool group is trying to wrap up its finances for the year. In this podcast episode Carol Topp, the Homeschool CPA, explains how to give reimbursements to your members properly, so they are not considered taxable income.
Does your homeschool group manage their money well? Do you have a budget and know where the money is spent? Do you know how to prevent fraud? This 115 page book will help you to open a checking account, establish a budget, prevent mistakes and fraud, use software to keep the books, prepare a financial statement and hire workers. Sample forms and examples of financial statements in clear English are provided.