Homeschooling: When All Else Fails

Closeup portrait of cute young business womanIs your homeschooling experience less- than- exciting?  Are you ready to throw in the towel or, worse, throw out the kiddos?  Have your expectations for a great year already been demolished by reality?  If so, listen in and receive some advice that might make things better.

 

 

 

 

 

 

 

Paying Workers in a Homeschool Organization (Part 2) Dollars and Sense Show #18

DollarsSenseShow18

Do you pay workers in your homeschool organization?

Do you know what form to to filing with the IRS?

Homeschool CPA, Carol Topp, will share the details of what you need to know about paying workers in a homeschool organization in this 30 minute podcast. Part 2 of a 2 part series.

 

Show Notes:

Applying for EIN. Use IRS Form ss-4. Read this helpful article first Getting an EIN from the IRS.

IRS forms to give to independent contractors (IC).

  • Use IRS Form W-9 to collect the IC’s legal name and EIN.
  • Read IRS Pub 15A Employers Supplemental Tax Guide.
  • Give Form 1099MISC to every IC paid more than $600 in a calendar year. Unfortunately Form 1099MISC cannot be printed on your home printer. You must order it from the ITS or buy a set at an office supply store. I use FileTaxes.com to file and mail Form 1099MISC.

IRS forms to give to employees

  • Collect a W-4 and an I-9 (Immigration) from each employee. Get employment forms at IRS.gov
  • Read IRS Pub 15 Employers Tax Guide
  • Give each employee a W-2 at the end of the year. (I use FileTaxes.com to file and mail the W-2’s to the employees)
  • Form 941 or 944 to pay your employer taxes (Social Security and Medicare). Find employment forms at IRS.gov. I use FileTaxes.com to prepare and file 941/944 or fill in online print and mail.

What to do if you are paid by homeschool organization an receive a 1099MISC

  • File Schedule C Profit or Loss from Business of the Form 1040. List all your income and expenses from being a independent contractor.
  • Pay federal income tax and self-employment tax (same as Social Security and Medicare for self-employed people) using Schedule SE (attached to your Form 1040.

If you find these forms confusing, consider a private consultation with Carol Topp, the Homeschool CPA. She can help you prepare and file the correct forms.

 

Carol mentioned a few helpful resources:

Cover Money Mgmt HS Org

Paying Workers in a Homeschool Organization (short ebook)

Questions and Answers for Homeschool Leaders (ebook)

Money Management in a Homeschool Organization (newly expanded) in paperback or ebook. The Paying Workers ebook is incorporated as a chapter in this book, so you don’t need to purchase both.

Other helpful books and articles for homeschool leaders can be found at HomeschoolCPA.com

 

Be sure to listen to the first part of this podcast (Episode #17) where Carol explains the difference between employees and independent contractors.

Tweaking Co-op in Order to Prepare Teens for Life

It is vital to be intentional about specific subject matters to be included in teen co-ops in order to help students think critically, speak articulately, question respectfully, understand the world around them and, most importantly, be ready always to give a gentle answer for the hope they have!  This podcast gives specific instructions for including power point, current events, worldviews, debates, break-out sessions and more in order to prepare students for life after high school by homeschooling co-op style!

Be Ready Always … Honing Public Speaking Skills via Co-ops

P2140015Teaching children to master public speaking skills is a must, and using the safe and friendly environment of a co-op makes this task easy!  Listen in to hear specific instructions on how to be intentional as you plan public speaking opportunities for the students who attend co-ops.   After all, we do want our children to be ready always to give an answer!

Frequently Asked Questions about Homeschooling, Co-op Style!

This podcast will answer the questions below that have been asked by those who have yet to enjoy homeschooling co-op style:

  1. How in the world do I find people to co-op with when so many of my friends are either engrossed in a compete curriculum or they already belong to a larger, formal co-op?
  2. Is every parent expected to participate?
  3. Does every student have to participate?
  4. Are adults ever involved who do not have children in the co-op?
  5. What if your group, for one reason or another, can’t stay at the facility where you are meeting?
  6. What if you damage something at the facility?
  7. How do you handle snacks with children who have allergies?
  8. How do you pick a theme?
  9. What subjects should you cover?
  10. Should you include field trips?
  11. What do you do about discipline problems?
  12. How important is it to have a newsletter?
  13. What do you do with toddlers and babies during co-op?
  14. What if someone drops out in the middle of co-op?
  15. What if someone wants to join in the middle of co-op?
  16. Are there hardship situations that take special handling?
  17. When you homeschool co-op style what do you do about high school transcripts?

If you have questions that are not included in this podcast, leave a comment and we will answer your questions as well!

 

Plan Now for a Fall Co-op

Now is the time to start thinking about fall co-ops.  If you have never been a part of a co-op, consider giving it a try next fall.  You will find the experience quite rewarding!  Several of our podcasts on the Ultimate Radio Network discuss how to start a co-op, but this week’s podcast will give you specific step-by-step instructions for how to begin now planning for the fall!  Below is a sample parental assignment chart as well as the front page of a co-op newsletter.

sample parental chart

 

 

 

 

 

 

 

newsletter front sample

What do dissections have to do with co-ops?

Listen in as Kendra Fletcher, a fellow Ultimate Radio Show host and a mother of 8, shares her co-oping experiences!  Sometimes Kendra’s co-ops included only one other family while at other times more joined in! Using the strengths of additional parents greatly enhances the co-op experience!   Neither Kendra nor I care for dissecting animals so we love that we can turn duties like that over to the parents who do enjoy dissections.  In this picture Kendra’s children and their friends are watching a turtle being dissected.  turtle dissecting

Can working moms homeschool co-op style?

terri christianoMeet Terri who has worked part-time and full-time through her homeschooling adventure.  Listen in as she describes her co-op experiences and be encouraged to give homeschooling co-op style a chance!

The 1, 2, 3’s of Co-oping

1, 2, 3’s of Starting a Co-op   Join me as I give simply, step-by-step instructions for starting a successful co-op!  Use the handout included that goes along with the podcast!  (Click on the blue link ‘1, 2, 3’s of Starting a Co-op.)

The Psycho with 6 Loves Co-oping! Who knew?

Melanie is a psychologist, author, radio show host, and a homeschool mom of six who loves to homeschool co-op style!  Join me as I interview Melanie tomorrow and hear about her co-op experiences!  For more information about Melanie, go to her website at http://www.psychowith6.com/

host of The Homeschool Sanity Show