Re: membership req for Solo (tax issues)

[Sam & Greg Scharnberg <samandgreg@netins.net>]

Jim:

The "member sources" is where the problem lies.  The IRS ruled that the 
"members" are only those in the Region, not all of SCCA.

Greg Scharnberg

At 10:02 AM 10/17/2006 -0700, james hardesty wrote:
>snip
>   keep in mind that for many regions the bulk of the revenue (not profit) 
> comes from a club race so even if you bring in a couple of thousand 
> dollars in non-member solo fees, the tens of thousand in revenue from a 
> race means the vast majority of revenue is coming from member sources.
>snip
>   jim