Tax Reform Yields Unexpected Benefit for Organizations Engaged in Lobbying and Political Activities

Tax Reform Yields Unexpected Benefit for Organizations Engaged in Lobbying and Political Activities

Tax Benefits April 9, 2018 By: J. Calvin Marks

The new tax law creates certain benefits for associations that partake in lobbying and political activities this year. Here’s what you need to know.

The Tax Cuts and Jobs Act of 2017 eliminated the graduated corporate tax rate brackets and set the corporate income tax rate at a flat 21 percent for tax years beginning after December 31, 2017....