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Started By
Message
Our TAF fees for tickets may not be tax deductable in the future
Posted on 2/3/15 at 9:54 am
Posted on 2/3/15 at 9:54 am
Buddy that does tax consulting told me that the new white house budget proposal has a section to elminate the tax dedection for charitable contributions that are a prerequisite for purchasing college sporting event tickets.
18
Posted on 2/3/15 at 10:03 am to barry
Seriously. Who the frick even proposes something like this? Bunch of Commie fricks. 
Posted on 2/3/15 at 10:06 am to barry
Posted on 2/3/15 at 10:14 am to barry
I have Tennessee season tickets and have heard the same thing regarding our Tennessee Fund donations. Sucks.
Posted on 2/3/15 at 10:21 am to barry
Obama 
Posted on 2/3/15 at 10:22 am to barry
Would that include church contributions?
Posted on 2/3/15 at 10:27 am to Abe1961
quote:
Would that include church contributions?
Did you read OP's post?
Does your tithing get you football tickets?
Posted on 2/3/15 at 10:29 am to Acadien
quote:
Does your tithing get you football tickets?
Would be legit.
Posted on 2/3/15 at 10:30 am to Acadien
quote:
Does your tithing get you football tickets?
Only if you're an Auburn fan
Posted on 2/3/15 at 10:33 am to Team Vote
quote:
Only if you're an Auburn fan
Posted on 2/3/15 at 10:36 am to barry
for a government that does many things that i do not agree with, i do not find this this to be an unreasonable change to the tax code. it is obvious that this "charitable donation" is nothing more than disposable income spent on entertainment.
Posted on 2/3/15 at 10:36 am to barry
Honestly, if the donation is essentially mandatory for someone purchasing football tickets, that does seem like kind of a silly loophole in the tax code. That's a "charitable donation" in name only, it's really a fee in order to purchase the right to buy tickets.
Posted on 2/3/15 at 10:39 am to Acadien
Lsu is my religion
Posted on 2/3/15 at 10:39 am to ColeCoushCoush
You can always code it as promotion or entertainment. Those still exist in the business tax codes unless those have been changed.
Posted on 2/3/15 at 10:40 am to ColeCoushCoush
Tiger Stadium is considered a chapel to some so LSU needs to get church tax status.
This post was edited on 2/3/15 at 10:41 am
Posted on 2/3/15 at 10:43 am to 0jersey
quote:
You can always code it as promotion or entertainment. Those still exist in the business tax codes unless those have been changed.
That doesn't do much good for people.
Posted on 2/3/15 at 11:28 am to barry
From most news accounts, this budget is a pipedream on Obama's part. Can not see this becoming a problem.
Posted on 2/3/15 at 11:30 am to barry
quote:does wonders for BarryCorp
That doesn't do much good for people.
just putting it out there
Posted on 2/3/15 at 11:39 am to Rouge
quote:
it is obvious that this "charitable donation" is nothing more than disposable income spent on entertainment.
I fully believe that calling it a "donation" and allowing a percentage to be tax deductible was just a ploy by the Universities to help the buyers stomach the fees. It didn't hurt them in any way to have it qualified as such so they didn't care.
Posted on 2/3/15 at 11:44 am to Rouge
I kinda agree
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