Question
I am a CPA in private practice, and I have clients who belong to various clubs and organizations. I know that dues to a Lions club are deductible, because I can find that club in a preamble to an IRS regulation, but how does that compare to Masons or Shriners?
Answer
First, good question.
Neither the law nor the regulations provide a definitive tax-deduction answer.
In its preamble to the regulations, the IRS states that the rules disallowing deductions for club dues do not ... Log in to view full article.