Can you deduct chamber of commerce dues

But if you pay club dues for an employee, this is considered compensation, even though you cannot deduct it as a business expense. You must report this compensation to the IRS, and the employee must pay income tax on this compensation. If your business is a corporation , you may be able to deduct entertainment, amusement or recreation expenses if you paid employees or independent contractors for these expenses.

You must include these expenses on the employee's W-2 form or the independent contractor's NEC form. The employee can't be an officer, director, beneficial owner, or other specified individuals.

For deductible club dues, you may include these deductions on your business tax form, depending on your business type:. Accessed March 26, Corporation Income Tax Return ," Page Miscellaneous Deductions ," Page 2.

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Meet the Editors. Deducting Dues and Subcriptions. Learn which types of dues you pay to professional, business, and civic organizations are deductible business expenses. This includes dues paid to: bar associations, medical associations, and other professional organizations trade associations, local chambers of commerce, real estate boards, and business leagues, and civic or public service organizations, such as a Rotary or Lions club.

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