The FTC recently issued a consumer alert on the five most troubling myths about investing in a new franchise. Potential franchise investors should consider these myths when evaluating potential investments.
Final IRS regulations will require most social clubs and tax-exempt organizations to rework their unrelated business taxable income worksheets to avoid using an outdated expense allocation method.
The hospitality industry remains challenged despite strong performance driving investment in the luxury hotel market.
There’s a lot of economic uncertainty at the moment. So, with the private club industry's overall health at its best in a while, how do clubs keep the momentum?
Download our 2021 benchmarking report which reveals future trends impacting country and city clubs including club revenue, expenses and cybersecurity issues.
The use of an “Employee Hardship and Disaster Relief Fund Program” is one way to get money donated by members out to employees quickly and tax-free. This article explores the eligibility requirements clubs need to meet to ensure the funds can qualify as tax-exempt distributions,
The unemployment rate for leisure and hospitality, 10.1 percent, is nearly twice the national average. However, there are Help Wanted signs everywhere and a bountiful number of job postings. How are private clubs responding to this challenge?
Most state and local governments have been lifting COVID-19 restrictions, leaving club management wondering how and if they still qualify for the ERC, especially in the quarter that restrictions are lifted.
While many clubs have gifting programs that are not tax advantaged, this article focuses on some typical club foundations that provide an incentive to their members to get involved in various initiatives that qualify for favorable tax treatment by the IRS.
The American Rescue Plan Act (the Act) s provides a number of items to help aid economic recovery out of the coronavirus pandemic. Read on for a summary of the Act's provisions.
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