Give an example of a beneficial effect of mutation. Mutation often produce proteins with new or altered function that can be useful to organisms in different or changing environments. For example, mutations have helped many insects resist chemical pesticides.
Generally, HOAs are exempt from state and federal income taxes if: 1  Most of its HOA units are used by individuals as residences. 2  It's organized and operated to buy, build, manage, maintain, and care for HOA property. 3  At least 60% of its gross income for the taxable year comes from HOA membership dues, fees, or assessments.
It would be great to write off your homeowners' association fees on your taxes, but the law doesn't work that way. HOA fees may feel like taxes, and the association can penalize you for not paying, but they're imposed by a private entity. The IRS says that they're not deductible the way property taxes are.