GAMFT Membership Fee’s & Tax Deductions
As we get ready to say goodbye to 2022 and welcome 2003, there are some task we still need to contend with, namely – taxes.
Are my GAMFT Membership Dues Tax Deductible?
Association dues may be deductible as a business expense. However, IRS regulations limit the deduction based on the association’s lobbying expenses. Up to 35% of your GAMFT membership dues may be deductible as a business expense. We strongly recommend that you consult with your tax adviser to determine how much of your association dues may be deductible as a business expense.
Are my GAMFT Advocacy Donations Tax Deductible?
Reminder, your advocacy donations for 2022 are not tax deductible. If you have any questions please consult with your tax adviser