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* IRS Code (IRC) requires a 501c7 Corporation to distribute cash in accordance with specific procedures/suggestions. Distribution to an individual who belongs to your Business necessitates definitive proof that they are not obtaining a personal disbursement or obtaining a personal take pleasure in the club as an operator or shareholder. Paying out an individual for expert services falls less than a distinct authorization that is permitted under the IRC for your 501c7 Group.
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