Carol Topp, the Homeschool CPA, explains tax exempt status for homeschool support groups in her latest podcast episode.
Your homeschool group should be filing some reports every year with the IRS. Did you know that?
A homeschool support group knows it needs to file an annual report with the IRS but how?
I'm pleased to announce that Denise has updated her book and I will be helping her get out the word about this terrific resource.
One difference between a homeschool co-op and support group is their tax exempt status in the eyes of the IRS.
The IRS requires all nonprofit organizations to file an annual information return called a Form 990-that means your homeschool group!
Many homeschool organizations may have members participating in their activities (co-op classes, filed trips, clubs, etc), but not have voting members of the corporation. Instead, they have a board that makes the decisions.
What to do if your church-host requires insurance from your homeschool group