Top 10 blog posts of 2016
Here is a round up of the top 10 most important blog posts from HomeschoolCPA in 2016.
Many of them have to do with paying workers in a homeschool organization
Tag homeschool
Accepting in-kind donations of equipment or services
Carol, My homeschool group (a 501c3 nonprofit) was donated $500 in science equipment. How to I record a gift like this in my record keeping? We use QuickBooks. How wonderful to receive such a generous donation. As a 501(c)(3)…
Are you asking for donations on your website?
Did you know that having a donation button on your website could mean that your organization would need to register as a charity in almost all 50 states?
What financial reports do we need to generate monthly?
A homeschool leader wonders what financial statements she should be reviewing each month.
Avoid controlling your independent contractor
How much you can control an independent contractor is a very difficult question to answer
Co-op collects money to send leader to a homeschool convention
A homeschool leader is given a check to pay her way to a homeschool convention. Is it taxable income?
Fine line between a homeschool co-op and running a micro school
Is shared teaching still homeschooling or is it a micro school?
Are discounts to homeschool board members taxable compensation?
Free or reduced tuition may be taxable compensation to your board members.
Independent contractors and W-9 form
IRS Form w-9 should be collected from every independent contractor paid by your homeschool organization.
Can I avoid the expense of hiring employees by being a 501c3?
Nonprofit organizations still have to pay payroll taxes