How CPAs Can Help You Maximize Your Tax Deductions
No business eagerly awaits the opportunity to pay more in taxes and have less to invest back into the business or take as profit. In fact, every business would like to pay as little as possible, within the confines of the law. The business tax landscape is a minefield – complicated, fluid from year to […]
Increased 45L Tax Credit Boosts Affordable Housing Development
Affordable housing developers have benefited greatly from the huge expansion of the 45L Tax Credit brought about by the Inflation Reduction Act (IRA). These tax credits have increased dramatically, almost tripling from prior levels to $5,000 per unit. Major Updates to the 45L Tax Credit Enhanced Credit Value: The extension enhanced the energy efficiency […]