Coming soon......

Email from Hitachi Consulting:

From: Bourque, Brian [mailto:BBourque@hitachiconsulting.com]
Sent: Friday, December 29, 2006 11:50 AM

Subject: Club Tax Status

Everyone:

I spent some time with a local CPA who has experience working with clubs to straighten out various issues.
I told him our story and showed him documentation on the work done in the past, to either establish our charter
with the State of Texas back in 1999 or so, and the IRS form completed, but not submitted, to request tax exempt status.
At the end of the discussion he recommended two options for us to pursue. One: file a normal corporation tax return this
 year with our existing Tax ID number, maybe bake in as much financial information covering the years since 1999, to
try to be as up front as possible with our receipts and such. Maybe this will trigger a red flag with the IRS and we will
be audited and then fined for not filing a return in the years following the opening of the charter. There are various r
isks with this option. One thing to remember is that our state Charter has gone dormant. So, we no longer own the name
Bull Terrier Club of Dallas, Inc. More than likely no one else has purchased the right to that name either, so we can
probably get it back intact. This will have to be done regardless of which path we pursue. Or, start fresh altogether.
Register fresh the Club charter with the state, get a new Tax ID. And file our first return in 2008. Actually, this start
fresh approach is preferred by the CPA. Walt and I discussed it as well and we favor this approach as well. This
CPA is willing to work with us to get this done, handle it entirely, or help us complete forms and get them submitted.
What ever support we want from him he's willing to give. His name is Ron Baker and his office is in Irving. You can call
him at 972-254-1312 if you have specific questions. I need your thoughts on which approach is right for us.
Think it over and reply by the end of next week.