2014 Tax Deductibility of Dues

Richard Herrick in From the President

2014 TAX DEDUCTIBILITY OF DUES

In accord with federal tax law (Section 6033 (e) IRS Code), a certain portion of your NYSHFA/NYSCAL and AHCA dues are NOT tax deductible. The IRS does not recognize the portion of dues which associations use to lobby state and federal legislators on behalf of their members as a tax deductible expense.

Voluntary contributions to C.A.R.E. ($2.00 per bed for those authorizing transfers to C.A.R.E. from their dues payments to NYSHFA or $1.00 per bed for NYSCAL members) are neither tax deductible nor allowable costs of operation under the Medicaid and Medicare Programs.

The following formula should be used to determine the amount of AHCA, NYSHFA or NYSCAL dues, which may not be included as a deductible expense for federal tax purposes.

 

    National Tax Deductibility:

    AHCA: # Beds (200 bed max.) x $20.60 = Annual dues x 29%= non-deductible amount

    NCAL: # Beds (200 bed max.) x $5.25 = Annual dues x 29%= non-deductible amount

 

 

 

    State Tax Deductibility:

    NYSHFA: # Beds (400 bed max.) x $53.50 = Annual Dues x 14.5% = non-deductible amount

    NYSCAL: # Beds (150 bed max.) x $25.75 = Annual Dues x 14.5% = non-deductible amount

 

 

NYSHFA contact: 

Richard J. Herrick
President & CEO
518-462-4800 ext 11