Manage a checking account properly for your homeschool group
A homeschool leader is told she needs a tax ID number to open a checking account.
Search Results for 990N
New homeschool group wants to avoid paying taxes
A new homeschool leader asks about filing and paying taxes for her group.
Is a homeschool support group automatically tax exempt?
Most homeschool support groups can be considered 501(c)(7) Social Clubs. Why is that important?
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If your organization has not filed any of the 990/990EZ/990N forms for three years, it is likely your tax exempt status was revoked.
Is my homeschool group required to have a 501(c)3 tax exempt status?
The homeschool co-op that I am building cannot qualify for 501(c)(7) social club because we offer classes, therefore we have an educational purpose. But are we required to have a 501(c)(3) status? We are not interested in the benefits of…
Does a homeschool support group have to apply for IRS tax exempt status?
Our homeschool group was founded a few years ago with the mission of providing support for local homeschoolers. Since then the membership and monies have grown that we needed to establish a bank account. The bank informed me that our…
Speech and Debate Club – Unsure of Its Setup?
A homeschool leader is concerned about a conflict of interest if she wants to be a board member and paid teacher.
New homeschool co-op wants simplicity. Any taxes due?
Hi Carol.I started up a group of a few families last year as a homeschool co-op in our community. As we have grown a little more this year, I would like to start up a checking account. My question is,…
Top 10 Tips for Homeschool Leaders: Bylaws
“Are bylaws and a board really necessary or is that only for homeschool groups that are 501c3 nonprofits?” was a great question asked by a homeschool leader at a workshop given to homeschool leaders in Wichita, Kansas. In this second…
Thank you-501c3 Application webinar
Thank you for purchasing the IRS and State Filings Webinar! I hope it is helpful. The webinar runs about 90 minutes. You have unlimited access to watch this webinar, so BOOKMARK this WEBPAGE >>> Password: FILINGS (all capitals) <<< The…