The Internal Revenue Service (“IRS”) recently granted employers a means to avoid interest and penalties on inappropriately taken Employee Retention Tax Credit (“ERC”) claims. This surely will come as a relief to taxpayers who...more
11/7/2023
/ Business Taxes ,
Eligibility ,
Employee Retention ,
Employer Liability Issues ,
Enforcement ,
Fraud ,
Income Taxes ,
IRS ,
Tax Audits ,
Tax Credits ,
Tax Preparers ,
Tax Reform ,
Tax Relief ,
Tax Returns
Real estate developers have long had ample reasons to take on projects involving historic buildings, courtesy of Section 47 of the Internal Revenue Code of 1986. As amended, Section 47 (the “Code”) provides for a...more
9/5/2023
/ Eligibility ,
Historic Preservation ,
Historical Landmarks ,
Historical Rehabilitation ,
HTC ,
Internal Revenue Code (IRC) ,
Investment ,
Investors ,
IRS ,
Land Developers ,
Private Equity ,
Real Estate Development ,
Real Estate Market ,
State and Local Government ,
State Taxes ,
Tax Credits