Dues year 2024-2025
Federal tax law allows you to deduct a percentage of professional dues as a regular business expense. The deductible amount is the percentage of the annual dues that is not used for lobbying activities. Below is the total percentage deductible for TMA and your local medical society. Omnibus Budget Reconciliation Act of 1993 (P.L. #103-66)
SOCIETY | PERCENTAGE |
Benton-Humphreys County Medical Society | 81% |
Blount County Medical Society | 84% |
Bradley County Medical Society | 82% |
Chattanooga-Hamilton County Medical Society | 85% |
Coffee County Medical Society | 79% |
Consolidated Medical Assembly of West Tennessee | 81% |
Dormant Society Member Direct | 78% |
Franklin County Medical Society | 80% |
Knoxville Academy of Medicine | 86% |
Lakeway Medical Society | 82% |
Lincoln County Medical Society | 78% |
Maury County Medical Society | 81% |
The Memphis Medical Society | 85% |
Monroe County Medical Society | 81% |
Montgomery County Medical Society | 80% |
Nashville Academy of Medicine | 81% |
Northeast Tennessee Medical Society | 83% |
Northwest Tennessee Academy of Medicine | 81% |
Robertson County Medical Society | 82% |
Stones River Academy of Medicine | 81% |
Sullivan County Medical Society | 82% |
Sumner County Medical Society | 80% |
Tennessee Valley Medical Society | 82% |
Tipton County Medical Society | 81% |
TMA Direct Member | 86% |
Upper Cumberland Medical Society | 80% |
Williamson County Medical Society | 81% |
Wilson County Medical Society | 79% |