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Sponsor Question
Posted: Fri Dec 13, 2013 10:34 am
by El Dog
I have always taken it (them) for granted I guess, but what does it take for the sponsors on the L side of the website pages to get their company logo there and to be named a sponsor of FMHSC?
Do they:
1) donate funds to FMHSC?
2) give rider discounts on purchases?
3) provide 'goodies' for grab bags at the annual banquet?
4) combination of the former 3?
Re: Sponsor Question
Posted: Fri Dec 13, 2013 12:11 pm
by PK
Yes to all.
Re: Sponsor Question
Posted: Fri Dec 13, 2013 2:20 pm
by El Dog
Are these donations (of any type aforementioned) tax deductible?
Re: Sponsor Question
Posted: Fri Dec 13, 2013 5:47 pm
by swedishfishmx
For the company or you?
Seems odd to what do know.
Re: Sponsor Question
Posted: Fri Dec 13, 2013 9:24 pm
by El Dog
@Streets:
swedishfishmx wrote: Seems odd to what do know.
..not sure I understand your inquiry.
Re: Sponsor Question
Posted: Sat Dec 14, 2013 4:01 pm
by DEA
yes, they would be a tax deduction for a business for advertisement. That being said you can also write off any racing expenses as well and call it Sponsorship or advertisement.
Re: Sponsor Question
Posted: Sun Dec 15, 2013 12:13 am
by swedishfishmx
El Dog wrote:@Streets:
swedishfishmx wrote: Seems odd to what do know.
..not sure I understand your inquiry.
"Want to know". Talk about bad typing on my part. And to add to this, I guess it's not odd to inquire about sponsorships being tax deductible if they owned a company.
DEA answered the question anyways.
Sorry about the confusion.
Re: Sponsor Question
Posted: Sun Dec 15, 2013 9:46 pm
by El Dog
Thanks, guys.
I do own a private business outside of what I do everyday, but was thinking more about asking Mid America Powersports down here in Wichita if they would consider one of the above. Would be nice to have a place here that would offer a rider discount on parts and the like.
Looking forward to the 2014 season!
Merry Christmas All!
~Russ