Insights & Perspectives
Short essays on stewardship, governance, and the strategic finance decisions facing clubs, hospitality businesses, and growing companies.
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How the Section 45B FICA tip credit works for private and country clubs, why service charges don't count, how the 2025 law extended it to spa services, and what tax-exempt clubs should know before counting on it.
How the 35 percent and 15 percent nonmember income limits work for tax-exempt 501(c)(7) social clubs, what counts as nonmember and investment income, how unrelated business income is taxed, and how to monitor the limits monthly.
What Revenue Procedure 71-17 requires of tax-exempt private clubs: the eight-or-fewer and 75 percent member presumptions, the records needed for every other nonmember function, party-of-eight forms, and how to build the process into club operations.
