Senate Tax Bill Still Includes the Royalty Provision

Thank you to everyone who has weighed in on the provision in the Senate bill to tax associations’ royalty income. Unfortunately the Senate tax reform legislation still includes this damaging provision. We still need your help.  We are still very hopeful that the royalties’ provision in the tax bill will be remedied in the manager’s amendment… Read more »

Share Association Royalties Concerns With Congress

Thank you to all those who have advocated on behalf of the association community to protect the tax treatment of association royalties in the Senate tax bill. The Senate is expected to vote on its tax plan this week, so now is the time to reach out to any Republican senators if you have concerns… Read more »

Senate Vote on Tax Bill Expected Next Week

The Senate is expected to vote on its tax plan next week, so now is the time to reach out to any Republican senators if you have concerns about how the bill treats associations and other tax-exempt organizations. Republicans cleared the first hurdle in the Senate late on Nov. 16 when the Finance Committee approved… Read more »

Urge Senators to Support Portman Amendment on Deferred Compensation

We are pleased to share the news that Senator Portman will offer an amendment during the Senate Finance Committee markup to repeal the nonqualified deferred compensation provision (insert specific bill text) that would negatively impact many associations. Please thank Senator Portman for his support on this important issue. We are asking association professionals and industry partners to… Read more »

The House Tax Bill and its Impact on Associations

Tax Cuts and Jobs Act H.R. 1 Section-by-Section Summary Bill Text After weeks of closed-door meetings, House Republicans on Nov. 2 rolled out their much-anticipated tax bill and it includes a number of provisions that should look familiar to associations, as well as some insurance and benefits provisions that are being seen for the first… Read more »