As someone who has helped several nonprofits navigate board transitions, I can confirm that everyone here is giving you solid advice. You have no individual obligation to report your resignation to the IRS - that's entirely the nonprofit's responsibility through their annual Form 990 filing. One practical tip I'd add: consider sending your resignation letter to both the board chair and the organization's registered agent (if different). This ensures proper receipt and creates a clear record. Also, if your nonprofit uses any online board management platforms or has digital signature authority anywhere, make sure they know to revoke your access immediately. Since you mentioned major life changes requiring immediate resignation, you're absolutely doing the right thing by stepping away when you need to. Nonprofit boards function best when members can fully commit, so recognizing when you can't is actually a service to the organization. Your thoughtful approach to ensuring proper procedures are followed will be appreciated by your fellow board members and sets a good example for future transitions.

Just wanted to emphasize something that might give you additional peace of mind - your liability as a board member typically ends on your resignation date, not when it's reported to the IRS. So submitting that written resignation with a clear effective date is what legally matters. I've seen people worry unnecessarily about the gap between resignation and IRS reporting, but from a legal standpoint, your duties and potential liability end when you officially step down, regardless of filing timelines. Make sure your resignation letter is very specific about the effective date (sounds like you're planning "effective immediately" which is perfect). This creates a clear legal boundary for your service period. Also, since others mentioned D&O insurance - if your nonprofit has it, you might want to ask for a copy of the policy language regarding coverage for former directors. It's good to understand what protection you have for actions taken while you were serving. You're being incredibly thorough about this whole process, which shows great integrity. The organization is lucky to have had someone who cares this much about doing things properly, even when stepping away.

The withholding difference between Single and Head of Household can be significant! I switched last year and saw about $85 more per biweekly paycheck. One thing to keep in mind is that Head of Household has better standard deduction amounts too - for 2025 it's $22,200 compared to $14,600 for Single filers. This contributes to the lower withholding throughout the year. Also, don't forget to update your W-4 with HR as soon as possible if you decide to make the change. The sooner you do it, the sooner you'll start seeing the increased take-home pay. Just double-check that you meet all the HOH requirements first - the IRS is pretty strict about this filing status.

Great question! As others have mentioned, switching to Head of Household will definitely result in LESS withholding (meaning MORE take-home pay) compared to Single status. This happens because: 1. Head of Household has more favorable tax brackets - you pay lower rates at each income level 2. The standard deduction is much higher ($22,200 vs $14,600 for Single in 2025) 3. With three dependents, you'll benefit from Child Tax Credits being factored into your withholding At your $52,000 income level with three kids, you're looking at roughly $75-120 more per paycheck depending on your pay frequency. This should definitely help with those tight monthly budgets! Just make absolutely sure you qualify for HOH (sounds like you do based on your description) and update your W-4 properly. Fill out Step 3 carefully to account for all three dependents - this is crucial for getting the right withholding amount. The extra money in your paychecks throughout the year will be much more helpful than getting a big refund later!

I'm in the exact same boat as you! Just switched to S-corp about 6 weeks ago and was totally overwhelmed by all the payroll options. After reading through everyone's suggestions here, I'm leaning toward either Patriot Payroll (love that $21/month price point) or maybe trying the DIY approach with a good spreadsheet system. One thing I learned from my accountant is that you really want to get your payroll set up ASAP since the IRS expects consistent payments throughout the year. Waiting too long and then trying to catch up with back-dated payroll can look suspicious and cause headaches. Has anyone dealt with setting up the actual business bank account requirements for payroll? My bank is asking about payroll tax accounts and I'm not sure if I need a separate account or if my regular business checking will work for the tax deposits.

As someone who just went through this transition last year, I'd strongly recommend getting your payroll set up within the next week or two. The IRS really doesn't like seeing irregular payment patterns in your first S-corp year - it can trigger unwanted attention. For budget-friendly options, I'd echo the Patriot Payroll recommendation at $21/month. I actually started with them and found their interface really straightforward for beginners. The customer service was patient with all my newbie questions too. One thing I wish someone had told me earlier: whatever salary you decide on, try to stick with it consistently throughout the year rather than adjusting it quarterly based on business performance. The IRS prefers predictable W-2 wages. You can always take additional distributions if you have a good quarter. Also, don't forget to register for an EFTPS account with the IRS for your tax deposits - most payroll services will handle this automatically, but it's good to understand the process. Good luck with your first year as an S-corp!

Don't forget about quarterly estimated tax payments if you start making decent money from your books! I didn't do this my first year and got hit with penalties. If you expect to owe more than $1,000 in taxes from your publishing income, you need to make quarterly payments. The IRS Form 1040-ES helps calculate these. The deadlines are April 15, June 15, September 15, and January 15 of the following year. Also, remember you'll be paying self-employment tax (15.3%) on top of your regular income tax rate. This catches a lot of new authors by surprise!

Great advice throughout this thread! As someone who's been self-publishing for a few years, I'd add one more important point: consider opening a Solo 401(k) for your publishing business income. Since you're already earning W-2 income from your day job, you can still contribute to a Solo 401(k) based on your self-employment earnings from book sales. This allows you to shelter a significant portion of your publishing profits from taxes - you can contribute up to 25% of your net self-employment income (or 20% if you calculate it precisely). For 2025, the contribution limit is $70,000 total, though most new authors won't hit that. The Solo 401(k) is especially powerful because contributions reduce your taxable income dollar-for-dollar. So if you make $10,000 profit from book sales, you could potentially contribute $2,000 to the Solo 401(k), reducing your taxable self-employment income to $8,000. You still pay self-employment tax on the full amount, but you save on income tax. Just make sure your publishing activity qualifies as a legitimate business (sounds like yours does) and that you're showing a profit motive. The IRS wants to see that you're trying to make money, not just pursuing a hobby.

17 Anyone here use H&R Block instead of TurboTax? I'm wondering if their interface is any clearer for backdoor Roth reporting. This whole thing has me considering switching tax software next year.

Just wanted to share my experience as someone who's been through this exact situation. I made the same mistake with Form 8606 on my backdoor Roth conversion two years ago using TurboTax. The key issue is usually in how you answer the questions about your traditional IRA basis. When TurboTax asks about deductible vs. non-deductible contributions, make sure you clearly indicate that your traditional IRA contribution was NON-DEDUCTIBLE. This establishes your basis, which should equal your full contribution amount. Then when you report the Roth conversion, that basis gets subtracted from the conversion amount, making it tax-free. Definitely file the amended return - you shouldn't have to pay tax twice on the same money. The IRS is pretty understanding about Form 8606 corrections since it's notoriously confusing. Just wait for your original return to process first, then file Form 1040-X with the corrected 8606. It's worth getting that money back!