There have been only two dues increases in the last 24 years.
He said that without a dues increase, the budget would have to be balanced by reducing services and staffing.
274-2(f)(2)(iii), the IRS chose to treat spousal travel in the same way as it treated club dues.
274(m)), the preamble to the proposed regulations states that the Treasury and the IRS believe that club dues and spousal travel should be treated similarly.
At the same time, SAG members haven't seen a jump in dues for almost five years, with the previous increase in 1987.
I think as long as the extra money is being used to improve SAG's infrastructure, and they are not using it to hire a marketing firm to sell the union, then there is a plus side to the increase in dues,'' said SAG member Kent McCord, an outspoken critic of the current leadership.
The organization must notify its members, when dues are assessed or paid, of the organization's reasonable estimate of the portion of the dues allocable to nondeductible lobbying and political expenditures.
Reporting is not required if substantially all dues are nondeductible without regard to the political and lobbying disallowance rules.
Economic performance," in the case of club dues, will generally occur with the passage of time (i.
is a "tax shelter" entity), a deduction may still be claimed for prepayments of up to 3 1/2 months of club dues under Regs.
Under this interpretation, lobbying expenditures are construed to come entirely out of dues income.
Associations will be able to opt out of the member dues disallowance process by paying this proxy tax instead.