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-   -   The IRS and NHRA, you gotta see this. (https://classracer.com/classforum/showthread.php?t=30987)

Todd Boyer 01-21-2011 11:06 PM

Re: The IRS and NHRA, you gotta see this.
 
Quote:

Originally Posted by Larry Fulton (Post 234647)
Curious minds want to know, Who Is "BN"??

let us all in

Apparently they're not gonna tell us ???????

Larry Hill 01-21-2011 11:11 PM

Re: The IRS and NHRA, you gotta see this.
 
NEWS FLASH

Stock prices of the Acme Paper Shredding Co. more than tripled on news of the company's record breaking largest single order. Acme will be paid a premium for "Quick" delivery.The Glendora, CA. company that placed the order has requested to remain anonymous.

On a side note shares of UPS and Fed EX were up 38% based upon a projected spike in overnight deliveries.

Bruce Witherspoon 01-21-2011 11:20 PM

Re: The IRS and NHRA, you gotta see this.
 
Quote:

Originally Posted by Todd Boyer (Post 234787)
Apparently they're not gonna tell us ???????

Just wondering why it is important who it might be? Whoever it might be, just be thankful to them for doing something that benefits everyone. Well at least those of us being abused for years.

Alan Roehrich 01-22-2011 12:04 AM

Re: The IRS and NHRA, you gotta see this.
 
Quote:

Originally Posted by Bruce Witherspoon (Post 234793)
Just wondering why it is important who it might be? Whoever it might be, just be thankful to them for doing something that benefits everyone. Well at least those of us being abused for years.


No kidding. Somebody stepped up. And I'd say they can't talk about it right now.

Toby Lang 01-22-2011 05:46 AM

Re: The IRS and NHRA, you gotta see this.
 
Well, BN might not be the anonymous client, but I would bet he knows who is. He has been saying something is in the works for a long time. I thought it was well known.

Here's a couple posts I found:

Quote:

Originally Posted by Jack Matyas (Post 177097)
Bruce -- The way I see it is that it doesn't matter which of us is right as there are only two facts that are important right now -- the first is that the "new" cars are here to stay and the second is that the NHRA isn't about to back down and make serious changes to the current HP as you have suggested -- so here's the dilemma -- which do YOU need more -- a "new" car or a new sanctioning body ....................At some point you must realize that you can beat the drum as loud as you want but no one is coming .................

Quote:

Originally Posted by Bruce Noland (Post 177128)
Jack,
It takes a little time to develop remedies for situations like this one. We have more options than you offer. There is a fully developed thrid option that will soon make it's way through the proper channels. It has taken 14 months to put it together with very little expense. You'll probably hear about it by the end of the year.


-Toby

alan r caraway 01-22-2011 07:32 AM

Re: The IRS and NHRA, you gotta see this.
 
All i have to say is YOU REAP WHAT YOU SOW wonder what the harvest will be?

Ed Wright 01-22-2011 09:04 AM

Re: The IRS and NHRA, you gotta see this.
 
Quote:

Originally Posted by alan r caraway (Post 234827)
All i have to say is YOU REAP WHAT YOU SOW wonder what the harvest will be?

Yes, for NHRA and us racers.

sscott 01-22-2011 10:08 AM

Re: The IRS and NHRA, you gotta see this.
 
Has the NHRA made a statement yet?

Alan Roehrich 01-22-2011 11:23 AM

Re: The IRS and NHRA, you gotta see this.
 
Quote:

Originally Posted by sscott (Post 234851)
Has the NHRA made a statement yet?

The only public response NHRA has made can be found in this article:

http://www.competitionplus.com/drag-...hra-tax-status

A100 01-22-2011 12:24 PM

Re: The IRS and NHRA, you gotta see this.
 
Have you ever wondered what racing would look like if the LGC gang had been able to cash out with the sale of NHRA Pro to HD? The gang figured out how to sell something they didn't own.

May their greed cause their demise.

It will be attempted again if the IRS doesn't make something happen first.


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