Racing Association Setup

[RACINGMEMBER]

What is the name of your state? AZ

I would like to know the type of business to set up for a members racing association?

This business handles the membership dues and points fund, which will be paid out to the particiapating members at the end of the racing year.

Thanks

 

[seniorjudge]

What is the name of your state? AZ

I would like to know the type of business to set up for a members racing association?

This business handles the membership dues and points fund, which will be paid out to the particiapating members at the end of the racing year.

Thanks

Sounds like you may need a corporation.

Hire a tax CPA and a business lawyer to make sure all this is done right.