It is quick and easy to join NARO.
January 1, 2019, Ohio will officially be a "stand alone" state chapter.
accordance with Federal tax law, the following disclosure notice must
be included with each new member solicitation and membership renewal
notice: “Contributions to the National Association of Royalty Owners
(NARO) are not tax deductible as charitable contributions for income tax
purposes. Any $25 dues paid to a NARO state chapter is non-tax
deductible, as it may or may not be used for lobbying activities.”
However, they may be tax deductible as ordinary and necessary business
expenses. Please check with your tax advisor to see whether our dues are
deductible as a Property Protection Expense (Code Sec. 212) or
deductible under Code Sec. 162, on you individual tax return.
Contributions to the NARO Foundation, Inc., a duly authorized 501 (c) (3) entity, are legitimate charitable deductions.