[FED 387]

I don't know if any of you have ever been thru an IRS audit but I have both personally and business wise---let me tell you "it ain't fun"---very very time consuming and believe me when they are finished they are gonna find "something" no matter how inconsequential it may seem to you it will not be overlooked and make their interpretation of it. I cannot begin to imagine what the IRS is gonna put a large operation like the NHRA thru in examining all of the expenses,deductions etc. and they are going to want straight answers then look at precedents that have been either allowed or disallowed in the past and before they then make a ruling on what they find-----As far as whistleblowers I am quite confidant that this law firm (Capland) is not just petitioning the IRS to come across as a bunch of jerks or to be vindictive in this case but they obviously have what they feel is "concrete information" regarding things that have been done in the past OR are continuing to be done that are not to be conducted or allowed under the guidelines set forth by the IRS regarding Non Profit entities.This lawfirm does/sees things like this everyday that's their business so I'm quite confidant that they feel that they have a "real good case" going forward otherwise they would not have taken the case or written their letter to the IRS. This is going to play out over a long period of time perhaps 6 months to a year or more before any final decision as to what the NHRA did wrong,what steps need to be taken to make sure that this does not occur in the future and finally whatever penalties are to be assessed either monetarily or whatever else they deem necessary. So do not try to 2nd guess what is going on here just settle in and go along for the long ride because this is gonna take some time to investigate. Comp