American College Of Surgeons - Inspiring Quality: Highest Standards, Better Outcomes

There are a number of legal and tax provisions that can impact chapter operations. The following information is meant to guide chapters on general legal and tax issues. This is not meant to serve as a substitute for formal legal or tax advice, so chapters are strongly encouraged to consult local law and tax experts to discuss any state or local provisions that may impact the chapter.

The following topic areas are addressed in this section:

  • Advantages and disadvantages of chapter incorporation
  • Procedures for selecting, obtaining and maintaining federal tax exempt status
  • Filing tax returns and compliance with other applicable laws
  • Lobbying and political activities
  • Corporate sponsorship and exhibitor fees