Posts by Amit Michaeli
The Inflation Reduction Act Expanded the 45L Credit for Affordable Housing Developers. Here’s How to Take Action
By: Joseph Wallace, Tax Partner | Real Estate At a glance Schedule a consultation with Aprio today The full story: Do you own energy-efficient properties? You could be eligible for a tax credit of up to $5,000 per unit, depending on your circumstances. The 45L credit is designed to reward affordable housing developers with tax…
Read MoreWill Claiming the R&D Credit Result in an Audit?
At a glance The main takeaway: Claiming the R&D credit on a timely-filed return will not automatically trigger an audit, but any company benefitting from the credit should be prepared for the possibility. Thorough documentation and support from a skilled tax advisor can help. Impact on your business: An unsuccessful audit could result in the…
Read MoreThe Inflation Reduction Act and Transfer Pricing: Key Facts You Should Know
At a glance The main takeaway: A portion of the IRS’s funding from the Inflation Reduction Act will be directed toward enforcement actions on corporations and high-net-worth individuals. Impact on your business: This increase in enforcement funding will most likely trigger more audits of transfer pricing arrangements, which means multinational businesses need to prepare proactively.…
Read MoreThe Pulse – What’s Happening in the Economy and the Capital Markets Dates covered: 2/1/21 – 2/5/21
Executive Summary It was a strong week in the markets, reflecting a good earnings season — but with the positive news came a weaker-than-expected jobs report which investors hope will create urgency and underscore the need for greater stimulus. Meanwhile, we are seeing economic data that is stronger than a year ago in sectors that…
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