Lobbying expenses, alternatively referred to as “political expenses,” are expenditures made as part of an effort to influence politics. They include attempts to influence lawmakers, donations to candidates or campaigns, and money allocated toward political functions. Political expenses aren’t considered to be tax-deductible business expenses. Private donors can’t deduct lobbying expenses come tax time, either. […]
Arkansas voters approved Issue 3, a constitutional amendment to ban corporate and union contributions to Arkansas candidates, on Tuesday, November 4. The amendment is effective immediately. Companies that have been making corporate contributions in Arkansas may wish to consider using their Federal PACs to remain politically active in the state. Federal PACs contributing more than […]
