According to the 2008 Golf and Club Industry Compensation and Benefits Report, the cost to provide health insurance benefits to employees is rising, with private club facilities experiencing an average increase of 9.8 percent during their most recent health care insurance renewal. On average, employers reported
Of the more than 25 types of corporations and trusts given a free pass on federal income taxation, we, private clubs, enjoy that benefit, assuming we meet the criteria established by the Internal Revenue Code. But, it comes with a price and it seems that
The IRS just sent you a letter demanding back taxes. Street vendors in Times Square are selling merchandise with your club’s valuable logo on it. Your tennis pro is leaving and wants to take pro shop inventory with him. These are just some of