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| A Quarterly Publication of the Raleigh Regional Association of REALTORS® |
January 2009 Issue
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About Us March Dates to Remember
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NAR increases its portion of membership dues The National Association of REALTORS® has increased its share of members’ 2008 dues payments. Due to increased lobbying and grassroots efforts to ensure that REALTOR® interests are well represented, especially during this election year, the 2008 nondeductible dues computation has increased from 22 percent or $18 to 31 percent or $25. This change relates only to the NAR portion of our non-deductible dues. Remember, that all three associations -- NAR, the North Carolina Association of REALTORS® and the Raleigh Regional Association of REALTORS® -- have a portion of dues that is not deductible. You need to know this when you or your accountant prepares your 2008 tax return. This change in NAR’s portion of the dues makes this year’s
total non-deductible amount for all three associations $53.30. |
