The Woodlands Township’s Post

📚 New Book Alert! 🌟 "The Historic Tax Credit: A Practitioner's Guide to the Technical Tax Issues, Second Edition" by Bill Machen 📘 Dive into the complexities of the Rehabilitation Tax Credit under Section 47 of the Internal Revenue Code with our latest publication. This comprehensive guide is essential for anyone navigating the intricate world of historic building rehabilitation. ⚖️Learn all about certified historic structures, qualified rehabilitation expenditures, and the nuances of obtaining a 20% tax credit for certified rehabilitations or a 10% credit for certain pre-1936 nonresidential buildings. 🏛️ Understand the criteria for buildings listed in the National Register of Historic Places. 🏗️ Explore the requirements for registered historic districts, including those designated by state or local governments. 💼 Gain valuable knowledge on tax issues related to historic rehabilitation projects. Available now on the ABA website: https://lnkd.in/gfi-9ksm - $59.95 List Price - $53.95 for ABA Members - $47.95 for Forum on Affordable Housing and Community Development Members Don't miss out on this invaluable resource. Enhance your understanding and expertise in historic building rehabilitation. 📚🔍 #HistoricTaxCredit #AffordableHousingLaw #ABAForum #TaxCreditExpertise #PreservationLaw

Local services rely heavily on property taxes to fund schools, emergency services, and infrastructure. Abolishing these taxes without a solid plan to replace the revenue is risky and could jeopardize the well-being of our communities. Why It Matters: Essential Services: Property taxes fund crucial services that our communities depend on daily. Financial Stability: Removing this revenue source without a clear alternative plan creates uncertainty and potential funding gaps. Impact on Communities: Rural areas, in particular, could suffer significantly from the loss of property tax revenue. Learn More: https://buff.ly/3AgFZjn

Land value taxation is one of my favorite policy prescriptions for community and neighborhood revitalization. And, its recent consideration in Detroit makes it particularly timely. Here's brief primer from the Chicago Fed. https://lnkd.in/e9b2ZdJ9

Accepting higher taxes on: 1. Short-term capital gains - 20% 2. Long-term capital gains - 12.5% 3. No indexation benefit on Real Estate 4. Increased securities transaction tax, etc. One way or another we get used to the higher taxes, and we fulfill our duty. But since the past week , our Financial Capital floods after just 15 minutes of rain, highlighting a pressing need for change. The responsibility of utilizing these taxes effectively lies with you. We need: 1. Efficient drainage systems in every city 2. Durable, pothole-free roads 3. Robust healthcare facilities 4. Streamlined traffic management systems As taxpayers, we adhere to the rules. But we also have the right to demand better infrastructure and services. Let’s push for the improvements our taxes should fund. ======= Follow me (Ved Sayande) as I make your money work harder for you. 𝙇𝙚𝙩'𝙨 𝙚𝙢𝙗𝙖𝙧𝙠 𝙤𝙣 𝙮𝙤𝙪𝙧 𝙁𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙁𝙧𝙚𝙚𝙙𝙤𝙢 𝙩𝙤𝙜𝙚𝙩𝙝𝙚𝙧, 𝙢𝙖𝙠𝙞𝙣𝙜 𝙞𝙣𝙛𝙤𝙧𝙢𝙚𝙙 𝙘𝙝𝙤𝙞𝙘𝙚𝙨 𝙩𝙝𝙖𝙩 𝙨𝙩𝙖𝙣𝙙 𝙩𝙝𝙚 𝙩𝙚𝙨𝙩 𝙤𝙛 𝙩𝙞𝙢𝙚. 𝙄 𝙖𝙢 𝙟𝙪𝙨𝙩 𝙖 𝙘𝙖𝙡𝙡 𝙤𝙧 𝙖 𝘿𝙈 𝙖𝙬𝙖𝙮.

Counties in Colorado may soon have a new way to take advantage of tax increment financing (“TIF”). Currently, there are only two ways to leverage TIF in Colorado: establishment of an urban renewal authority or establishment of a downtown development authority.

There will be a Public Hearing at the City Council Meeting on May 28 for the Proposed Fiscal Year 2025 Annual Operating and Capital Budget. City Council is considering a $319.9 million proposed budget for FY 2025. The proposed budget includes a $.05 ad valorem tax increase dedicated entirely to addressing public safety personnel who keep our community safe and secure. It also includes a $0.111 ad valorem tax rate increase for the Downtown Municipal Service District intended to support and continue existing services in Downtown Fayetteville, making the district sustainable. Review the recommended budget to find out how we will use funding to keep our city thriving. To sign up to speak at the Public Hearing, you must sign up by 5:00 p.m. on May 28 with the city clerk. ➡️ Review the Recommended Budget: FayettevilleNC.gov/Budget 🗣 Sign up to Speak at the public hearing: https://lnkd.in/gy8cpNHY

Are your tax dollars being used wisely in Cobb County? Troubling trends I've observed: Millions are being spent on external consultants Underutilization of our qualified local staff Experienced employees leaving due to feeling undervalued Questionable allocatian of taxpayer money We have incredible talent right here in Cobb. Why aren't we leveraging it? What changes would you propose to ensure fiscal responsibility in our local government? Share your ideas below. Let's start a constructive dialogue on maximizing the value of our tax dollars.

MYTH: Florida's lack of personal income tax isn't an incentive. Destin Wells, Orlando Economic Partnership Vice President of Economic Development and former SVP of Business Development at Enterprise Florida, explains how a lack of personal income tax creates a lucrative incentive for expanding businesses. Learn more about how Orlando can support your growth, talent and workforce needs at InvestOrlando.org #Orlando #UnbelievablyReal #OrlandoWorksForYou

Veteran Housing Corp applauds all efforts to build affordable housing but would challenge the US Congress each and every local, state, and federal housing agency or affordable housing developer to do better in 2024 and beyond. Veteran Housing Corp demands permanent affordability for all projects receiving government funding, subsidies, tax credits, or other incentives! Veteran Housing Corp demands transparency and every local, state, and federal government agency and other stakeholders MUST provide answers to questions about the housing projects that are built with government funding, subsidies, tax credits, or incentives, including the following: 1. How much funding, federal tax credits, or government benefits or incentives from all government sources did the projects receive? 2. What is the affordability period for each project? 3. What guarantees exist that tenants will not be displaced after the "affordability period expires? Every local, state, and federal housing authority and affordable or workforce housing stakeholder should adopt the State of Vermont's "permanent affordability" policy as a model for all future government funded or subsidized housing projects or developments, no exceptions!  https://lnkd.in/eFEUC8c8 Additionally, local, state and federal housing agencies should look to the Helsinki, FINLAND MODEL of ending homelessness by providing affordable housing for all 'It’s a miracle': Helsinki's radical solution to homelessness https://lnkd.in/er9HZSQU

Join us over the noon hour today for a webinar exploring the implications of spending limits on local political subdivisions with perspective from those who have navigated budgets under revenue cap provisions. ✅: https://ow.ly/WlMn50QGssX 📘: https://lnkd.in/g4e3ZKu6