Parents paying homeschool teachers is getting cumbersome
Can a homeschool group gather all the money and then direct it to each teacher?
Search Results for software
Political restrictions on 501c3 status. Should homeschool group not get 501c3 status?
Do you have an article on the pros and cons of tax exemption? I’m thinking we would like to just incorporate with the state and not apply for tax exemption. I don’t like the restrictions on endorsements for tax exemption.-Gretchen…
What do the Duties of Care and Loyalty look like?
HomeschoolCPA Carol Topp frequently mentions that homeschool leaders have a duty of care and loyalty to their groups. What does a duty of care look like? How does a leader know know if she is being loyal? This is the…
A budget can reduce stress
A budget can help avoid homeschool leader stress
Top 10 Tips for Homeschool Leaders: Preventing Fraud
Let’s hope fraud or embezzlement never happens in your homeschool group! Do you have safeguards to spot it and prevent it? In the podcast Carol mentions her list of “Best Practices to Prevent Fraud.” Find it here. This…
Tiny Homeschool Groups: Do We Need a Bank Account?
Do tiny homeschool groups have to worry about paying taxes?
Tips for a New Homeschool Group Treasurer
Amanda’s been secretary of her homeschool group, Heartland Homeschool Association in southeast Missouri. But she agreed to a new role as treasurer. In this short podcast episode (12 minutes) Carol Topp, the HomeschoolCPA, and Amanda will discuss: Keeping a…
A homeschool group is using free Paypal. Is that legit?
Some homeschool groups try to avoid Paypal fees, but is it right?
What is Unrelated Business Income or UBIT?
A nonprofit group may raise a lot of money from fund raising. These fundraisers could be so successful the leaders may wonder if the homeschool group owes anything to the government in taxes. For the most part, fund raising…
When Applying for an EIN, They Want my Social Security Number!
Homeschool leader, Paula, was applying for an EIN (Employer Identification Number) online, but the IRS website asked for her SSN (Social Security Number). She is reluctant to give it out. Should she be concerned? Someone (the “responsible party”) must…