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It's the law: Athletic officials need a license to call
My father in law told me about this happening in San Diego, CA.
Check this story out. SignOnSanDiego.com > Sports > High Schools -- It's the law: Athletic officials need a license to call |
How about licensing fans who think they are officials?
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Is'nt it amazing how difficult times on cities brings down the heavy hand of government, This is:confused: ridiculous, however I would'nt put it passed my city or even my state to try............
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I Didn't Know That Horses Could Swim ...
"Officials make anywhere from $46 (girls varsity water polo)".
Do you have to know how to swim to officiate? I'm not a great swimmer. I'm not drowning for $46. |
Actually, it doesn't bother me at all. I have an S-corp and all my referee income is paid to the corporation. I pay a state corporations tax and a city home occupation permit fee. It's well worth it. If you have quite a bit of referee income, I suggest you speak with your tax professional.
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Didn't you watch any Water Polo in the Olympics? |
Is There A Swim Stroke Called The Horse Paddle ???
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I Prefer My Halftime Water Bottle Shaken, Not Stirred ...
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Unless he deserved it, of course! :eek: :p |
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I have had a S Corp for years, and really the only real benefit I find is maybe some protection via the corporation from personal losses should there be a suit of any kind....I have to pay employer's share of W-2 taxes, Withholdings, Medicare, FICA...all of the normal....as a Schedule C, you have to pay your SE taxes....my accountant tells me there is a substantial savings to the S Corp, but I really haven't seen it....I THINK!
You need a good interview with your tax man to decide what to do...I keep thinking of going back to the Schedule C, but I do like it that he does my books.... |
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However, with an S-Corp you don't have to take your entire income as salary, and any income taken at the end of the year beyond that salary is treated as a dividend and taxed as such. That's where the savings come in. In my opinion, to take advantage of the S-Corp (which includes additional fees and is a more complicated filing process) you have to have a decent amount of income. But it definitely pays to consult your accountant. |
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