FAQ on Property Tax for Churches Hosting Homeschool Programs
Frequently asked questions about a business using a church and property tax
Tag UBIT
What is Unrelated Business Income or UBIT?
A nonprofit group may raise a lot of money from fund raising. These fundraisers could be so successful the leaders may wonder if the homeschool group owes anything to the government in taxes. For the most part, fund raising…
Used curriculum sales and taxes
Can a homeschool group owe tax from a used curriculum sale fundraiser?
Homeschool groups and huge fundraisers can be a bad thing!
A fundraiser can bring in so much income that it can jeopardize your 501c7 status because the fundraiser income exceeds 35% of total income.
Will a nonprofit owe taxes on income from selling ads?
The IRS offers several exceptions to Unrelated Business Income Tax
Will fundraisers cause a homeschool support group to pay taxes?
Fund raisers may be subject to IRS taxes.
Will being an Amazon affiliate cause tax problems for a homeschool group?
The IRS taxes charities for unrelated businesses, like money earned from affiliate programs.
What is Unrelated Business Income Tax?
What is Unrelated Business Income Tax? Does it apply to homeschool organizations?