Homeschool group answers IRS questions
Homeschool organizations need to have their financial information and organizing documents ready to send into the IRS when asked.
Tag IRS
How can the IRS revoke my tax exempt status when I never applied for it?
A lot of small organizations have learned that their tax exempt status had been revoked and they didn’t even know about it!
How to change your nonprofit’s fiscal year
A homeschool leader wants to change her co-op's fiscal year.
Create a board binder of important papers for your homeschool organization
Here's a list of important papers to pass down to the future homeschool leaders of your organization.
Did your homeschool group lose its tax status? (podcast)
Podcast on how to know if your group's tax exempt status was revoked and how to get it back.
Homeschool groups awarded 501c3 status in less than 10 days!
More homeschool organizations receive their tax exempt status from the IRS
IRS reports your homeschool group needs to file every year
Your homeschool group should be filing some reports every year with the IRS. Did you know that?
Is this a gift or compensation to a homeschool leader?
A homeschool leader is given thousands of dollars in gift cards and free tuition each year. Are these gifts or taxable compensation?
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.
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?