Urgent Legislative Alert

Will Advertising Costs Remain a Deduction for Business?

Credible sources within the House Ways and Means Committee have recently confirmed that not only does limiting the deduction for advertising costs remain on the table for tax reform, but that the proposal could be even worse than we feared. According to our information the plan under consideration would require 50% of all advertising costs to be amortized over 10 years, and 50% deducted in the first year of the amortization schedule.

Help Save The Advertising Tax Deduction

Legislative Alert

We have recently learned from a member of the U.S. House Ways and Means Committee that the Committee is seriously considering a tax on advertising as part of the tax reform bill that may be released later this month or in early October. It is critical that you and other members of your ad club and company contact members of the Committee as soon as possible, and express your strong opposition to such a proposal.

It is especially important that those of us in Florida contact Congressman Vern Buchanan who is a committee member representing our state.

Click here to email Congressman Buchanan.

You can also call his Florida office directly at (941) 951-6643.

All advertising professionals in Florida should voice their concerns on this issue, but it is critical that AAF members in Manatee and Sarasota counties personally contact their representative, Congressman Buchanan.

American Advertising Federation Board of Directors – Space Coast

Melbourne, FL | July 1, 2013—The American Advertising Federation of the Space Coast (AAFSC) today announced its new Board leadership. Elected at its annual business meeting on May 15, 2013, with terms running through June 30, 2014.