Wednesday, January 27, 2016

Important Tax Information

In accordance with IRS regulations for federal income tax purposes, a percentage of SCMA annual membership dues may be deducted as a business expense. The SCMA estimates that 94.51% of 2015 membership dues are deductible. The remaining portion of association dues was used for lobbying activities and is not deductible as a business expense. SCMA dues may not be deducted as a charitable contribution and MEDPAC contributions cannot be deducted. Have questions? Please contact Cathy Boland at 800-327-1021, ext. 232 or by email at cboland@scmedical.org