Lowcountry Region Webinar
Lowcountry Region Webinar
501(c)(7) Multiple Nonmember
Trades or Businesses
Date:
Monday, February 8, 2021
Time:
2:00 pm - 3:00 pm
Speaker:
Mitchell Stump, CPA
Program Summary:
Private 501(c)(7) Clubs pursuing nonmember revenue now have a new rule they must follow. They must separate nonmember revenue into one of possibly 8 Silos and pay tax on any Silos that are profitable.
Mitchell L. Stump, CPA, will lead a discussion of the new law and challenge Club Managers about nonmember activities' profitability. If profitable, the IRS wants their tax dollars. If not profitable, why are we pursuing nonmember revenue? This is guaranteed to be a lively discussion.
Credits Available:
1.0 CMAA Association Activity Credit
Webinar Contact:
Dan Farrell
Lowcountry Region Chair
[email protected]
(803) 518-6562
Zoom Registration:
Please contact Dan to let him know you are interested in attending online.
Time: Feb 8, 2021 02:00 PM Eastern Time (US and Canada)
Join Zoom Meeting
https://zoom.us/j/99667027214?pwd=YWlpcGVhRkVEL2hrZzhYbEYzTkd6Zz09
Meeting ID: 996 6702 7214
Passcode: Lowcountry
CAROLINAS STRONG !
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