Real estate

The Inflation Reduction Act heavily modified the Section 179D Energy Efficient Commercial Building Deduction and the Section 45L Energy Efficient Home Credit.

Los Angeles voters approved a tax on the sale of mansions and other multimillion-dollar real estate transactions to raise money for affordable housing.

A group of House lawmakers on both sides of the aisle is pushing to expand the Low-Income Housing Tax Credit as the supply of affordable housing remains tight.

The high property tax bills, a leftover effect from the pandemic housing boom, have caused some landlords to push back against the assessments.

Direct Pay problem; fees, cautions for those starting out; new blog on the block; and other highlights from our favorite tax bloggers.

Attorney General Letitia James filed suit, naming Trump, the Trump Organization, and Donald Trump Jr., Ivanka Trump and Eric Trump.

The Financial Accounting Standards Board is considering a change to address leases that are under the common control of related-party businesses.

The Act provides higher deductions for meeting prevailing wage and apprenticeship requirements.

Will the average taxpayer qualify for a larger deduction or credit, or will their eligibility drop?

Forgiveness; great sums of money; shell game; and other highlights from our favorite tax bloggers.

KPMG LLP plans to move its headquarters to Midtown Manhattan's West Side by the end of 2025, reducing its office space by over 40%.

The inspections add to the challenges facing the Shenzhen-based company at the center of China's real estate crisis.

Existing and expired energy efficiency tax incentives for commercial and multifamily building owners, investors, developers and homebuilders have been expanded significantly under the act.

Employees at accounting firms and other types of businesses are continuing to work remotely, or coming into the office less, as the COVID-19 pandemic continues with the emergence of new and more transmissible Omicron subvariants.

The combination is a powerful tool, as long as the taxpayer and their advisor are familiar with the interaction of these tax laws.

The auditor refused to provide an opinion on the accounts after the embattled German landlord withheld information on some deals.

The challenge seeks reversal of an April 25 finding that Trump violated a court order to hand over records to New York Attorney General Letitia James.

A judge ruled that Donald Trump is in contempt of court for failing to turn over records in New York’s probe into asset valuations at his real estate company.

Investors and their CPAs need to be aware of the depreciation rules that apply to the short-term rental market.

These will offer tremendous tax-saving opportunities in the year ahead, but many people don’t take full advantage of them.