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In Reply to: Re: Merl's Crazy posted by YankeeBBQ on March 10, 2011 at 16:24:55:
If the discussion had happened at a BOD meeting then you would be right. However a privagte discussion between 2 individuals is not a BOD matter. It has been made into one.
For the record I think an audit for any individual is real bad news and nobody should ever threaten to call the IRS on another individual. If the KCBS was ever audited I shudder to think what could happen. I'm basing this comment on the GAB 1099 issue where lots of people suddenly have to redo their taxes. It begs me to ask if the KCBS has sent out the appropriate 1099's to all reps. As an independent contractor all expenses and fees are considered income under the IRS code. It could open a can of worms that impacts hundreds of individuals. I sure hope our Treasurers and auditors are aware of what needs to be reported.
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