Make sure that statement is accurate. You have accused me of being a regional manager, trying to get into SoCal soccer via investments, and posting links that have nothing to do with me.
LAGSB - what’s going on??
- Thread starter RedNevilles
- Start date
Yes it is. And I will have an answer by tomorrow morning who you are,
Why is that a problem? If the club operates as a non-profit and you make a donation and your kid plays soccer?
Ha! I am really interested in what erroneous information you think you will find. Opinions are great when they come from anecdotal evidence, observations, personal experiences, facts, etc. Statements of supposed truth or factual information that are not supported with genuine research or clear cut evidence is just a lie. And, more than likely what ever you do post about me is just that, a "LIE".
Multi Sport
DA
Seriously? Unless the club will allow your kid to play without giving them a "donation" then I would advise against it.
Plus you are getting something back in return, your kid playing on their club.
RU going to the meeting tonight? If you are just tell me what color shirt you will be wearing and I will come say hi and admit my mistake,
If your talking about the LAGSB meeting actually I am not. I am a parent on the girls side and my youngest will be in DA come July. When your at the meeting feel free to speak to DS or SD about who I am.
OK, I will take the lost.
Ok...
He described a club where your club fee was a deductible donation. Some few clubs are free for everyone, most have scholarship players. If there is a system where the club was free, but had a deductible donation component (such as TFA), then I agree that you wouldn't want to be the sucker who "pays" so his kid could play...but contributing so that other good players can play seems fine.
Multi Sport
DA
That's not what you posted.
If your kid was not playing for the club or the "donation" you made was above and beyond what they would expect then it would be a true donation and thus you would be able to write it off. Even so, it's not a 100% write off.
But nice try.
Which club?
Do you have a point? Your comment is incomprehensible. A payment to a 501(c)(3) organization is deductible. Don’t be mad about it, bro.
Multi Sport
DA
You'll be the one mad when the IRS audits your taxes...
"The club payments are not deductible because you are receiving a benefit for the payment - for your child to play. Had you made a separate donation to the club, it would have been deductible. The 50% limitation is an IRS rule- it means your charitable contributions cannot exceed 50% of your Adjusted Gross Income. Had the amount been deductible, you would have entered a full amount as charitable donation. "
Do ever get tired of being wrong? I guess not.
Carry on Sunshine...
So I can only deduct my contribution up to an amount that is 50% of my adjusted gross income?
Oh man, am I busted. I deducted all of it and my soccer dues this last season were way more than 50% of my adjusted gross income.
You seem to know how the IRS works...do you think they will let me amend my tax return?
RedNevilles
BRONZE
Any info from town hall meeting tonight?
Apparently any team that stays gets 20% off Zlatan’s new aftershave.
rainbow_unicorn
PREMIER
Galaxy front office (president, GM) opened up with some remarks and then parents started unloading at the club board president. The only speaker who was received positively was the new boys director...he is the best person for the job and I can speak personally that he is committed to families and players. That said, the club will deal with issues for the coming year and it may get worse before it gets better. But having the right person in the boys director position is a step in the right direction.
Multi Sport
DA
You appear to have an issue with the IRS tax code and an understanding of what a 501C organization is or at least what you is considered a tax deduction . You did notice the quotation marks around my post? Hmmm.. I wonder where I got my information from?
Carry on Sunshine...
jpeter
PREMIER
Have to pay in EUR's and only get free freight if your order is over 100EUR. Dang I was looking to get this, maybe they will have a pop up stand at the stadium
