Talk about taxing the rich. The publisher of two magazines circulating to some 3.2 million members has been hit with a $1.1 million tax judgment after it tried to improperly write off certain costs. The publisher is the National Education Association, the nation's teachers' union.The NEA tried to expense its circulation costs to offset advertising revenues for its two magazines. The only problem is that the NEA already charges members for the magazines through their dues, and provides the publications as a right of membership. In fact, NEA membership forms even specify what percentage of dues are for a subscriptions to the publications. A federal judge, citing the union's own bylaws, disagreed with the NEA contention that it was under no obligation to provide the magazines and that therefore it should be allowed to deduct its circulation costs.
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