homeschoolcpa Archives

Special Replay: What Homeschool Leaders Don’t Know About Losing Tax Exempt Status

A Production of the Ultimate Homeschool Podcast Network.

July 16, 2020 by Carol Topp Leave a Comment

What Homeschool Leaders Don’t Know About Losing Tax Exempt Status

Carol Topp, CPA, the HomeschoolCPA will share tips on important issues that homeschool leaders may not know about. This episode will focus on helping homeschool leaders know what to do if their organization has lost its tax exempt status.

Visit Carol’s website here

Does your homeschool group need to pay taxes?

Could they avoid paying taxes by being a 501c3 tax exempt organization? Do you know the pros and cons of 501c3 status? Do you know what 501c3 status could mean for your homeschool group?

I have the answers for you in my book The IRS and Your Homeschool Organization. The information I share in my book has been helpful to homeschool support groups, co-ops, music and sports groups and will help you understand:

The benefits of 501c3 status
The disadvantages too!
What it takes to make the IRS happy
What your state requires
Why your organization should consider becoming a nonprofit corporation
What is the difference between nonprofit incorporation and tax exemption
IRS requirements after you are tax exempt

Click Here to request more information!

Podcast: Play in new window | Download

Subscribe: Google Podcasts | Spotify | Android | Email | RSS

Filed Under: Dollars & Sense Tagged With: Dollars and Sense, homeschool leaders, homeschoolcpa, Tax Exempt Status

What Homeschool Leaders Don’t Know About Losing Tax Exempt Status

A Production of the Ultimate Homeschool Podcast Network.

March 14, 2017 by Joy Rhodes Leave a Comment

What Homeschool Leaders Don’t Know About Losing Tax Exempt Status

Visit Carol’s website here

Does your homeschool group need to pay taxes?

Could they avoid paying taxes by being a 501c3 tax exempt organization? Do you know the pros and cons of 501c3 status? Do you know what 501c3 status could mean for your homeschool group?

The benefits of 501c3 status
The disadvantages too!
What it takes to make the IRS happy
What your state requires
Why your organization should consider becoming a nonprofit corporation
What is the difference between nonprofit incorporation and tax exemption
IRS requirements after you are tax exempt

Click Here to request more information!

Podcast: Play in new window | Download

Subscribe: Google Podcasts | Spotify | Android | Email | RSS

Filed Under: Dollars & Sense Tagged With: Dollars and Sense, homeschool leaders, homeschoolcpa, Tax Exempt Status

The podcast to help homeschool leaders is back!

A Production of the Ultimate Homeschool Podcast Network.

February 14, 2017 by Joy Rhodes Leave a Comment

The Podcast to Help Homeschool Leaders is Back!

Carol Topp, CPA, the HomeschoolCPA took a break from podcasting, but now she’s back with a different format. The podcast will be focused on helping homeschool leaders and businesses run their programs legally and successfully. The podcast episodes will be shorter–15 or 20 minutes max and will air weekly.

Visit Carol’s website here

FEATURED SERVICE from HomeschoolCPA:

Is your homeschool teacher an employee or independent contractor?
Should your homeschool co-op director be paid as an employee?
How hard is it to set up a payroll system?
What happens if my homeschool group misclassifies a worker? Are their penalties?

Worker classification can be a confusing topic.

My book Paying Workers in a Homeschool Organization can help clear a lot of confusion, but perhaps you want to discuss your particular situation in a private, individual phone consultation.

I offer phone consultations to help you determine if your homeschool organization’s workers are employee or independent contractors. The phone call will be followed up with an email containing a fact-based determination and information to help you take the next steps.