Written by Kreig Mitchell, Attorney at Law The Covid-19 situation has impacted just about every individual and business in the U.S. The Federal government has implemented a number of stimulus measures. The legislation is several
This bill will require most Real Estate investors to refile and amend Corporate tax returns. CPAs will quickly have to learn new laws to best help their clients in real estate (this will be a
Today, the Treasury Department and IRS issued clarifying guidance to address industry confusion regarding the intent of Secretary Mnuchin’s press statements yesterday, which outlined new 2019 tax deadline relief in response to the Coronavirus emergency.
The real estate industry was rewarded this week with the passing of Omnibus Appropriations Bill H.R.1865 (H.R. 1865). Of most significance, the bill extends several real estate-related tax provisions through the end of 2020, such
TAX ALERT: The Senate Finance Committee Republicans sent a letter yesterday to #Treasury and #IRS providing their “congressional intent” regarding three #TCJA provisions that require technical corrections – QIP, NOL, and the sexual harassment settlement
On February 9, 2018, President Trump signed into law a package of tax extenders included in the Bipartisan Budget Act of 2018. The package includes an extension of over 30 tax incentives including retroactive extensions
The United States Chamber reported today that Congress finally passed the Bipartisan Budget Act. They added that there are three important things everyone should know: 1. Congress Just Crossed-Off a Large Part of Its “To-Do”
Protecting Americans from Tax Hikes Act of 2015 Among the 50+ tax provisions is a 2-year extension of both 179D tax deduction for commercial buildings and 45L tax credit for residential properties. These tax incentives