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New Jersey Expands Brownfield Development Program to Revitalize and Redevelop Communities

The Murphy Administration has announced the approval of 13 new Brownfield Development Areas (BDAs) across 10 communities, marking a significant…

Kacee BoydMarch 4, 2025

Articles Real Estate Tax Services

IRC § 1031 Like-Kind Exchanges in Pennsylvania

IRC § 1031 Like-Kind Exchanges (1031 Exchange) allows real estate investors to defer capital gains taxes by exchanging investment properties…

Osbert TokuJanuary 8, 2025

Articles Business Tax Real Estate

New Jersey Reduces In-Office Requirement for Tax Incentives

New Jersey is granting additional flexibility to suburban offices, allowing them to retain state tax breaks even if employees only…

Taylor OstrowiakNovember 4, 2024

Articles Closely Held Business International Commerce Group International Tax Real Estate

K-2 and K-3 Reporting: Potential New Exceptions

The tax year 2021 brought us new and complex schedules for reporting pass-through foreign information. Schedules K-2 and K-3 were…

Nicholas HodgeJanuary 23, 2023

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Articles International Commerce Group Real Estate

Overview of FIRPTA Withholding on the Disposition of U.S. Real Property

A foreign “person” disposing of an interest in U.S. real property may be subject to the Foreign Investment in Real…

April PengNovember 16, 2022

Articles PILOT Real Estate

Leases- What should I know now to save time and money later?

We are now in the 4th quarter and looking forward to the year end close process, it is important to…

Kerry DudaNovember 7, 2022

Articles PILOT Real Estate Tax Services

Financial Reporting for Payment in Lieu of Taxes Program

Real estate developers typically utilize the federal income tax basis of accounting to prepare their internally generated financial statements. Developers…

WilkinGuttenplanJuly 7, 2022

Articles Real Estate

New Jersey Enacts New Concrete Mandate for Real Estate Developers

On November 8, 2021, New Jersey Governor Phil Murphy signed legislation that requires builders to offer concrete products that utilize…

Jenna McDonoughNovember 15, 2021

Articles Real Estate

Cost Segregation as a Strategy to Reduce Your Tax Bill

A cost segregation study is a tax planning strategy that many real estate entities take advantage of to increase immediate…

Jenna McDonoughAugust 3, 2021

Articles Individual Tax Real Estate

Can I Write-Off My Vacation Home?

With the kickoff of summer and traveling back on the radar, vacation house rentals are a hot topic. This article…

Jenna McDonoughJuly 6, 2021

Real Estate

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