Banker wants original IRS letter to open a checking account
A banker asks a homeschool leader for her "IRS letter" before opening a checking account.
Tag IRS
Are homeschool co-op teachers employees?
Payroll forms for a homeschool co-op
New homeschool group wants to avoid paying taxes
A new homeschool leader asks about filing and paying taxes for her group.
Tax Exempt Status for Homeschool Co-ops (video)
Carol Topp, the HomeschoolCPA, answers questions from homeschool co-ops leaders on tax exempt status and insurance for homeschool co-ops in this presentation, "Homeschool Co-ops Are Like Marriage: Know What You're Getting Into" at the Midwest Homeschool Convention. Part 7 of 7.
IRS makes it easier to convert to a nonprofit corporation
For years I told small homeschool groups: “If you never incorporated as a nonprofit corporation in your state, then by default, your organization is an unincorporated association.” And I also told them that, “Unincorporated associations CAN apply for 501 tax…
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If your organization has not filed any of the 990/990EZ/990N forms for three years, it is likely your tax exempt status was revoked.
Taxes for Classical Conversations Directors
Help with taxes for Classical Conversations Directors.
The IRS and Cooperative Fundraising
Links to an explanation of the IRS rules regarding fundraising.
Are fundraisers harming your chances for tax exempt status?
Many homeschool organizations depend on fund raisers to help run their homeschool co-ops and support groups. These fund raisers could actually harm a group's chances of obtaining tax exempt status.
Do homeschool teachers get the Educators Expense deduction?
Can a homeschool parent take the Educators Expense deduction?