RE: [DML] Re: A question about our vendors, with my DMA hat on.

[Kevin Abato <delorean@xxxxxxxxx>]

So back to the original issue:

I have attended two Delorean gatherings lately where DMCH customers from the
NJ area had NO idea there was a local club.  It appears from past
experiences and conversations this is common to most clubs where the vendors
don't seem to promote them to their local clubs.   In the past I have even
encountered customers from P.J. Grady who didn't know about a club in their
area. (So its not just one vendor we are picking on...its all of them).  ;)

It would only seem obvious to me that Vendors profit from members being
involved in a club.   Yes, yes, yes... I know not everyone wants to BE in a
club, but it appears many people don't even KNOW about them.

Shannon, Josh and I have been working on a project to help alleviate this
issue.  Details coming soon.  

In the meantime:   Vendors:  Tell your customers about clubs in their local
area!  ;)

Kevin Abato
Vin# 16680
www.grenexmedia.com


-----Original Message-----
From: dmcnews@xxxxxxxxxxxxxxx [mailto:dmcnews@xxxxxxxxxxxxxxx] On Behalf Of
Hank
Sent: Friday, September 07, 2007 2:24 PM
To: dmcnews@xxxxxxxxxxxxxxx
Subject: Re: [DML] Re: A question about our vendors, with my DMA hat on.

Claude was referring to all business expenses, be they advertising or
donations of goods and services, as a tax write-off, which they technically
are.  These charges are simply written off the top of the gross revenue
before taxes.

What you're describing sounds more specifically like a tax shelter, just one
type of write-off.

I've run several small businesses, and pretty much anything we can charge
against the business can be classified generically as a "write-off".

As this relates to the D vendors, I don't know how Claude can possibly speak
for them all.  When they visit the tech-sessions (usually on weekends and
their personal time), sure, they can write-off all their travel expenses and
even the goods donated to the raffles.  But their personal time spent?  I
seriously doubt it.

-Hank




On 9/6/07, drhdmc1 <drhaney@xxxxxxxxxxx> wrote:
>
> A tax write off is often an investment of funds in hopes of making a 
> profit but if it doesn't pan out the loss of said funds can be offset 
> against gains in other assets to reduce tax liablity. Or you can even 
> have a writeoff on a personal level if you or your family suffers a 
> casualty loss as an example your car is totaled and you were 
> underinsured you could writeoff the loss on taxes and a portion of 
> said loss could reduce your tax liablity.
>
> Dan Haney
> vin 3254
>
>
>
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