It's Good Work if you can find it.

[A100]

Originally Posted by Bruce Noland

Cohen and Clapp joined the Board on December 9, 2010. They are listed as working 1 hour a week. It is probably too early to tell if they are receiving compensation.

Cohen is a partner in Morrison & Foerster LLP, a major national and international law firm.

You wonder if the conversation might have gone like this.

I heard NHRA may have a little IRS problem. If you put me on the board of directors I'll work for peanuts if you hire my law firm.

[bill dedman]

Thanks, Bruce. Being a non-profit, I would think that their entire financal picture would be open to scrutiny, but that's probably not true.

[hookdaddy]

Drag Racing Online publishes the NHRA's tax return every year - here's a link to their 2009 return http://www.dragracingonline.com/anal...returns-1.html

[Bruce Noland]

Originally Posted by A100

Cohen is a partner in Morrison & Foerster LLP, a major national and international law firm.

You wonder if the conversation might have gone like this.

I heard NHRA may have a little IRS problem. If you put me on the board of directors I'll work for peanuts if you hire my law firm.

Mr. Cohen is a most excellent Tax Controversy lawyer. His clients usually have very serious tax issues and need a heavy weight to protect them. nhra staff probably approched him and at a later date it was decided by all parties to put him on the Board. It seems unlikely that he was put on the Board because nhra wanted some adult supervision.

[Ed Fernandez]

Bruce,what happened to their first fiasco?Did they buy their way out or is it still pending?

[Bruce Noland]

Ed, I have not heard anything new. I guess nhra will issue some sort of statement if and when there is news.