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Old 05-16-2012, 03:55 PM   #1
Rick Bailey
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Unhappy DOT/State Police @ Topeka

As per the DRE boys, the DOT and State police are stopping racers on Topeka Ave by the track preforming the Q & A and checks..... lisense, decals, fuel, sounds like the full meal deal....

Good Luck

Rick
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Old 05-16-2012, 05:53 PM   #2
Mark Callanan
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Default Re: DOT/State Police @ Topeka

Never tell them you are in this to make money
That changes the whole deal
We all do this as a hobby right?
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Old 05-16-2012, 09:03 PM   #3
Mickey Whaley
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Smile Re: DOT/State Police @ Topeka

a car show for a trophy
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Old 05-17-2012, 07:42 AM   #4
BlueOval Ralph
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Default Re: DOT/State Police @ Topeka

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Originally Posted by Mickey Whaley View Post
a car show for a trophy
A few years ago there were some people showing horses, no money just trophys IRS ruled the Trohys had a $ value therefore they showing for $$$$$. Just look up the ruling
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Old 05-17-2012, 08:05 AM   #5
C and W Racing
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Default Re: DOT/State Police @ Topeka

As long as you report any winnings to the irs, but do not deduct the expences it is ok. As soon as you start deducting the expences it becomes a business.
Chuck
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Old 05-17-2012, 08:21 AM   #6
Keith 944
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Default Re: DOT/State Police @ Topeka

has anyone been fined, if so what for?
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Old 05-17-2012, 10:23 AM   #7
Alan Roehrich
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Default Re: DOT/State Police @ Topeka

Quote:
Originally Posted by Mickey Whaley View Post
a car show for a trophy
Hell, that's about all it amounts to anyway.
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