Season Ticket invoice...
- Thread starter JWB389
- Start date
NLC dues were not part of the invoice, seat cushions and parking were and we started paying the three month fees in December last year.
It looks like the drop-dead date for NLC dues and season football ticket renewals is February 1st. Early NLC renewal deadline for extra NLC points was earlier this month.
https://nittanylionclub.com/sports/2018/10/5/giving-benefits.aspx
Can’t be a drop dead date by February 1 because they have not even officially issued invoices for ticket renewals yet.
I heard early January invoices will come out......but do not know final due date. Would have to believe it is after February 1st.
They have probably been waiting for dust to clear on CJF's salary and now OC before determining prices....TIC maybe......
I thought I was overlooked too so I logged into my account and made my 2020 donation unprompted. I beat the rush I suppose.
Just did the same thing. Figured I'd get it in for this year's expense and writeoff.
I posted this on the main board. I did call the Nittany Lion Club earlier this month and asked to speak to someone that I know whom works for the club. There is going to be a ticket price increase for the 2020 season-it looks like it is going to be $2 per ticket for each game. So for a seven game season, the annual increase is potentially going to be $14 per ticket.
Secondly, there are also discussing (highly likely it will be approved) an increase for those whom sit in the black seating section (currently $600 per ticket) and the red section (currently $400 per ticket). It is being proposed to increase the fee to $700 per ticket for the black section and $450 per ticket for the red section.
He said that the invoices should go out during the first week of January.
Hope this helps on the timing of the invoice.
Secondly, there are also discussing (highly likely it will be approved) an increase for those whom sit in the black seating section (currently $600 per ticket) and the red section (currently $400 per ticket). It is being proposed to increase the fee to $700 per ticket for the black section and $450 per ticket for the red section.
He said that the invoices should go out during the first week of January.
Hope this helps on the timing of the invoice.
Are they still allowed?
Forget floor seats to a Lakers game or front-row Beyoncé tickets on another company’s dime. Under the new tax law, businesses can’t deduct most entertainment expenses anymore.
Businesses will be impacted in a number of ways this year under the Tax Cuts and Jobs Act, which lowers individual and corporate tax rates, among other revisions. Starting in 2018, the costs of entertainment expenses will no longer be deductible. Under the old tax code, 50% of the entertainment expenses were deductible.
https://www.marketwatch.com/story/t...ainment-expenses-under-new-tax-law-2018-02-08
I think the entire staff was focused on getting the right number of days allocated to each month in the NLC calendar. They s/b recovered from that in another week or so.....
I don't know, but I made the contribution today to be done with it. The tix that no one wants we try to donate to various local Pa charities so kids can see a game that normally would have no access.
You can deduct whatever you want. It’s all good if you don’t get the inquiry notice.
