Tag tax exempt

Nonprofit status

How do I know if my organization has lost its tax exempt status?

Did your nonprofit organization lose your tax exempt status? What’s this all about? In 2010, the IRS has begun revoking the tax-exempt status nonprofit organizations that failed to file a Form 990/990EZ or 990N for three years. A large number…

IRS Issues, Nonprofit status, Tax exempt status revoked

Can’t we just call the IRS and get on the list to file Form 990Ns?

My leadership team is freaking out. We are one of those groups in the 990N discussion. We got our EIN in June 2010 and opened a checking account in December 2010. We always have under $5,000 pass through our books…

IRS Issues, Nonprofit status, Tax exempt status revoked

Streamlined tax exempt reinstatement in pictures

The IRS "streamlined" process to get tax exempt status reinstated explained in a flowchart and pictures.

Carol Topp
05/05/2014

Co-ops, IRS Issues, Nonprofit status

Tax exemption for homeschool group switched by the IRS

A homeschool group applies for one tax exempt status and the IRS switches them to another.

Carol Topp
04/02/2014

Nonprofit status

Video: Nonprofit status for homeschool groups

I created a short video explaining nonprofit status for homeschool groups. I compare nonprofit status to being married!

Carol Topp
03/07/2014

IRS Issues, Nonprofit status

Video: Annual IRS fiings for homeschool organizations

A short video explaining the annual IRS filings Form 990 for homeschool organizations.

Podcast

Any tax breaks for homeschoolers? Dollars and Sense Show #11

Any tax breaks for homeschoolers? Carol Topp, the Homeschool CPA, discusses taxes and homeschooling on the Dollars and Sense Show podcast

Carol Topp
02/27/2014

IRS Issues, Nonprofit status

Do you have to file to be tax exempt every year?

A homeschool support group leader wonders what forms she needs to file each year.

Carol Topp
01/31/2014

IRS Issues, Nonprofit status, Tax exempt status revoked

IRS has streamlined procedure to get tax exempt status reinstated.

Good news for nonprofits that didn't know they needed to be filing annual returns with the IRS (Form 990) and lost their tax exempt status.

IRS Issues, Nonprofit status, Podcast

What is tax exemption and how do I get it for my homeschool group? Dollars and Sense Show #6

Carol Topp discusses tax exemption for homeschool groups on her internet radio show Dollars and Sense, part of the Ultimate Homeschool Radio Network.

Carol Topp
12/19/2013