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Questions tagged [memberships]

The tag has no usage guidance.

-2
votes
4answers
403 views

Why does Costco refuse credit card payments from non-Costco members in the United States?

Alice and Bob were doing some shopping at Costco in the United States. Bob is Costco member, and Alice isn't not. The cashier, citing Costco's policy, refused to accept Alice's credit card: Alice was ...
10
votes
1answer
163 views

Can you deduct membership to a doctor's office as a medical expense?

In the US, I'm trying to figure out if membership to my doctor's office is deductible. My office charges a $149 annual fee for access to the office, which allows them to provide good online tools, ...
3
votes
1answer
117 views

Can an LLC member give his ownership back to the company?

Say that an LLC was founded by four partners. Two have a 40% ownership stake in the company, two have a 10% stake. The company manages to break even every year. No profit distributions are made. ...
9
votes
2answers
243 views

Are the AARP benefits and discounts worth the yearly membership cost?

When considering organizations like AARP, what are the factors that makes these types of organizations valuable to members? Our main interests is to obtain term life insurance. I am sure there are ...
9
votes
3answers
677 views

Am I “cheating the system” by opening up a tiny account with a credit union and then immediately applying for a huge loan?

I've always wondered why credit unions require you to open a membership account before they'll approve a loan. Whenever I think about it, it feels like going to a credit union just for a loan is ...
1
vote
3answers
2k views

What portion of my rowing club membership fee is tax-deductible?

I am part of a rowing club in the US and pay a membership fee. The rowing club is a 501(c)(3) non-profit, open to the public, and offers learn-to-row classes. The benefits that I receive for my ...
2
votes
1answer
430 views

Why do wholesale clubs charge annual memberships?

Why do warehouse / wholesale retails like Costco and Sam's Club charge yearly fees? I personally think the wholesale club fees are worth it, but I wonder why they do it.
8
votes
7answers
305 views

How can I save money on a gym / fitness membership? New Year's Resolution is to get in shape - but on the cheap!

Do gyms ever negotiate or haggle on price? Do they always insist on a term commitment? Are there any tips and tricks on ways to avoid paying through the nose?