Economic Outlook for Private Clubs in 2024
Learn what the 2024 economic forecast looks like for private clubs and how to remain relevant moving ahead.
Whitepaper | Private Clubs: 10 Questions for Successful Club Management
Private clubs stay profitable by running an efficient operation and staying on top of complex accounting responsibilities. Here are 10 tips to unlock your organization's potential.
GILTI: An Overview
US citizens and tax residents who have formed — or are considering forming — a corporation in a foreign country may be impacted by global intangible low-taxed income (GILTI). The tax implications and considerations are complex. Understanding GILTI is important for making informed decisions for yourself and your business structure.
FTC Issues Consumer Alert on Franchising Myths for Potential Investors
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.
Updated UBTI Expense Allocation Method for Social Clubs and Tax-Exempt Organizations
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clubs and tax-exempt organizations to rework their unrelated business taxable income worksheets to avoid using an outdated expense allocation method.
Hotel market shows continued resilience with a focus on luxury
The hospitality industry remains challenged despite strong performance driving investment in the luxury hotel market.
2023 Economic Outlook for Country Clubs
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?
Latest Edition of Clubs in Town & Country Reveals Club Trends
Download our 2021 benchmarking report which reveals future trends impacting country and city clubs including club revenue, expenses and cybersecurity issues.
Club Philanthropy: Guidelines for Employee Assistance and Scholarship Funds
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 Members Are Back … What About the Employees?
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?