The Medicare Authorization and CHIP Reauthorization Act of 2015 (MACRA)– What Does it Mean for You?
Deductibility: Association dues are not deductible as a charitable contribution, but may be deducted as an ordinary business expense. MePA estimates that 30% of dues will be allocated to lobbying expenditures, and are not deductible for federal income tax purposes. IRC Sec 162(e)(3).