Compensating board members can be troublesome!
A homeschool organization can compensate your board for their service, but compensation to officers is taxable income and the board members must be paid as employees.
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How to get added to the IRS database and file the Form 990N
A homeschool support group knows it needs to file an annual report with the IRS but how?
Ask your board these question to spark discussion and planning
Does your homeschool board lack direction and forward thinking?
Should my homeschool co-op be giving any tax forms to our teachers?
Homeschool co-ops should be giving Form 1099MISC to their paid teachers.
What is the difference between a homeschool support group and a homeschool co-op?
One difference between a homeschool co-op and support group is their tax exempt status in the eyes of the IRS.
Can we get an EIN without giving a name and SSN?
Homeschool leader is uncomfortable about putting her Social Security Number on her co-op's EIN application.
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Get a free copy of QuickBooks 2015 Premiere Nonprofit software package.
HomeschoolCPA.com named one of 50 Best Accounting Blogs
I am pleased that HomeschoolCPA.com is named on of the 50 Best Accounting Blogs for 2014.
Congratulations! Another homeschool group receives tax exempt status
Congratulations to Christian Homeschool Organization Interact Connect Encourage (CHOICE) in South Carolina on recently receiving 501(c)(3) tax exempt status with the IRS.
Can our homeschool nonprofit get a new EIN to start filing the Form 990-N?
A homeschool leader wonders if getting a new id number from the IRS will solve his problems.