Generally funeral homes that pay NFDA dues are able to deduct 100% of those dues as ordinary business expenses for federal tax purposes. However, due to the enacted Budget Reconciliation Act of 1993 (the "Act") dues revenues utilized by a professional of a trade association for lobbying purposes cannot be deducted by the member who paid dues.
In accordance with the Act, the National Funeral Directors Association is hereby notifying its membership that it estimates that 5% of 2016 NFDA dues paid by a member will not be deducted as ordinary business expense for federal tax purposes. This estimate is to be utilized by NFDA members in determining what portion of their NFDA dues is deductible. Please provide a copy of this notice to your accountant and/or tax preparer.