I am afraid that the answer is going to be that if the parent is receiving financial benefit via the cost of their child participating being reduced, they are going to be expected to pay income taxes on said income.

 

 

This is also where the idea is coming that if you give one of your coaches a nice polo shirt for coaching, you are expected to turn that in as taxable benefits and they, I believe, will have to pay income taxes on receiving the polo shirt.

 

 

 

Good grief! As I stated above, doesnt the IRS have better things to do?

What if you changed the wording? For instance, what if the rule was that parents are expected to work x amount of hours and if they don't, then they have to pay a fee?

 

If it is dealing with gaming, it would still be against the law, as you are volunteering to avoid paying! Gaming laws require you to be a volunteer only, meaning you receive nothing in return, thats why at one point they meaning the gaming commission didn't want volunteers even to get a free coke! The law, unless it has changed was pretty strict on that!

 

My guess also is you would have to report the income, since you received something for working, meaing you didn't have to pay!

"The (Lafayette) group raised about $300,000 through fund-raising and fees in 2007, he said."

 

Wow. That's a lot of money. I'm not from an area with a large school, is this what it takes for a large band?

"The (Lafayette) group raised about $300,000 through fund-raising and fees in 2007, he said."

 

Wow. That's a lot of money. I'm not from an area with a large school, is this what it takes for a large band?

 

They have 14 state championships and it takes a lot of money to transport all of their equipment and kids to all the places they would go.

I didn't realize folks were getting credits all this time. All the volunteering I've done over the years is kinda expected of he parents, and done for the good of the cause, whatever it may be. So I'm not sure exactly how I feel about all this. I already had my little war against the IRS, and like everyone else, I lost!

I didn't realize folks were getting credits all this time. All the volunteering I've done over the years is kinda expected of he parents, and done for the good of the cause, whatever it may be. So I'm not sure exactly how I feel about all this. I already had my little war against the IRS, and like everyone else, I lost!

 

Re-reading the article, I am wondering if presently, it is ONLY regaring the gaming issue.

 

But the credits and individual player accounts happen all over the place.

 

For example, we sold pizza kits. Each player received the profit of their pizza sales to offset the cost of their expenses playing that sport.

 

It did not go to the entire team but to the player themselves.