1,261 results found

Commercial Property Assessed Clean Energy (C-PACE) financing is a specialized form of financing, which enables commercial real property owners to fund energy-efficient improvements...

This post is part of a continuing series on the Credit Report Blog on the subject of workouts and bankruptcies involving low-income housing tax credit (LIHTC) projects.

As efforts to preserve open space continue to grow and municipal governing bodies are provided with new opportunities to acquire land that would otherwise be put to private use, a question is raised as to the taxable status of the land acquired by the municipality.

Ann Breakey ("Petitioner") appealed an order of the Department of Treasury which determined that she was not an "owner" of the property she inhabited for purposes of being granted a Principal Residence Exemption ("PRE").

Multiple counties throughout Pennsylvania are conducting county-wide real property tax reassessment projects in 2015, including Washington, Indiana, Lancaster and Blair counties. Information requests are also being mailed out to property owners.

Iowa's Senate has advanced a revised property tax proposal that modifies the state's rollback system and introduces age-based homestead exemptions, while the House pursues a different approach with stricter revenue caps.

Virtual currency is a new, untested, and unregulated asset.

The US House and Senate are negotiating toward a July 4, 2025 deadline for the next massive US tax legislation.

The Perry County Property Valuation Administrator's recent attempts to increase property tax assessments in the heart of Kentucky coal country have been rejected by the Kentucky Board of Tax Appeals.

All 17 proposed amendments to the Texas Constitution that were on the Nov. 4, 2025, ballot—which are the result of legislation the Texas Legislature passed earlier this year—have passed.

On June 6, 2024, the U.S. Supreme Court issued a unanimous decision in Connelly v. United States regarding a closely held business valuation for federal estate tax purposes. The court determined that life insurance owned by a closely held corporation to fund a redemption buyout arrangement

Florida Senate Bill 328 (SB 328) updates the 2023 Live Local Act, which provides that certain multifamily developments with at least 71 units may be eligible...

A Florida Circuit Court has ruled that the ballot language for Amendment 3, which proposes changes to homestead property tax exemptions, contains multiple defects that mislead voters about its true effects. The court found that the amendment's title and summary use emotional rhetoric, make improper conclusions, and fail to accurately describe how the measure would impact different classes of property owners and local government taxing authority. The Attorney General now has 10 days to prepare revised ballot

The Tennessee Court of Appeals recently held in Creative Label, Inc. v. Weakley County Assessor of Property that payments made in lieu of property tax ("PILOT") reduce the value of taxable leasehold interests but do not exempt taxpayers from ad valorem taxes on the leasehold interest.

Pursuant to the Nassau County Administrative Code, Section 6-30, the Nassau County Department of Assessment ("the Assessor") is requiring the submission of 2023...

On March 5, Indiana Gov. Mike Braun signed Senate Bill 243, updating provisions of a new Indiana Tax Amnesty Program...

The modified "flow-through" tax treatment afforded to REITs depends on the entity’s ability to meet certain asset and income-based tests.

We would like to report several recent developments of note to tax-exempt organizations.