Private clubs operate in a unique business environment and face ever-changing challenges in providing quality service while managing rising costs. With more than 20 years of experience serving both taxable and tax-exempt clubs, JPS understands this changing industry and knows how to work with you to deliver the right financial solutions. We understand the unique operating characteristics and compliance rules of private clubs, making JPS a trusted partner for all your financial needs. Additionally, our membership in the Hospitality Finance and Technology Professionals association and active participation in the local chapter keeps us on top of developments at the local, national and international levels.

Services include:

• Assurance services, including compilations, reviews and audits of financial statements
• Special engagements such as fraud investigations or by-laws and policy compliance reviews
• Filing of annual Federal and state tax information and income tax returns
• Review and analysis of sales tax laws and their application to various club departments
• Assistance with navigating and applying the pros and cons of taxable vs. tax-exempt status for new clubs
• Transition of developer-controlled club to the club’s members
• Obtaining tax-exempt status, including filing of IRS application
• Evaluation of financing alternatives, including capital assessments, bank debt and leasing
• Technology services
• Review of membership pricing and policies that affect securing and maintaining members
• Review and assistance with tax record-keeping requirements
• Assistance with various financial duties, including preparing budgets, rolling forecasts and internal financial statements and reports

Learn more about our expertise in our Country Club services brochure.

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