Paradigm Tax Group Industry News

Paradigm Tax Group Industry News

Stay informed with the most current Industry News that affects your business and impacts property taxes across the nation.

    San Diego to Improve Development Permit Process

    27 Feb, 2015

    San Diego Mayor Kevin Faulconer revealed plans to overhaul the city's development permit process during his speech at a recent NAIOP luncheon. According to Globe St., Faulconer acknowledged that...

    Gov. Scott's 'Record' School Budget Includes $392M Increase in Property Taxes Collected Across Florida

    26 Feb, 2015

    Gov. Rick Scott's $77 billion budget proposal before the Legislature includes $842 million more for schools, bringing per pupil spending to a record high; but what Scott isn't mentioning is nearly...

    Portland Rewrites Tax Abatement Policy to Attract Internet-based Companies

    25 Feb, 2015

    In an effort to lure more internet-based companies to Portland, city officials have rewritten a key policy to extend tax breaks to such businesses. The Enterprise Zone ("E-Zone") program offers tax...

    Hotel Buyers: Don’t Forget to Obtain a Tax Clearance

    24 Feb, 2015

    By Holly I. Unck Esq., Senior Managing Consultant, Phoenix

    Judge Sides with Kentucky County in Major Walgreens Property Tax Case

    23 Feb, 2015

    Last week, a judge ruled in favor of county and state officials in a property tax lawsuit brought by Walgreens Co., which otherwise could have potentially changed the way commercial properties are...

    Nevada Lawmakers Consider Tax Breaks for Aviation Industry, Data Centers

    20 Feb, 2015

    In an effort to make Nevada more competitive with neighboring states, Senate and Assembly members held a joint committee hearing on SB93 and AB161, which would expand tax abatements to the aviation...

    Oil Prices, Strength of Dollar, Supply Growth Concern Hotel Leaders

    19 Feb, 2015

    Although the hotel industry is in the midst of possibly the most successful period in the industry's modern era, some United States hotel leaders are concerned of the effects of reduced oil prices,...

    Gov. Abbott Promises Large Tax Cuts to Texas Property Owners, Businesses

    18 Feb, 2015

    On Monday, Texas Gov. Greg Abbott delivered his State of the State Speech and proposed a budget plan calling for a $2 billion reduction in the business franchise tax and a $2.2 billion reduction in...

    JLL: Thriving Industrial Sector Validates Atlanta Economy is in Expansion Mode

    17 Feb, 2015

    The performance of Atlanta's industrial real estate market is further indication of the city's rallying economy. According to the Atlanta Business Chronicle, over the past year, developers have bet...

    Bill Proposes Tax Appeal Reform Sought by Miami-Dade County School Board

    13 Feb, 2015

    In response to controversy surrounding Miami-Dade County Public School's tax collection shortfalls, state Rep. Bryan Avila has proposed new regulations for Value Adjustment Boards (VAB), which hear...

    REITs Shift Focus to Street Retail Due to Changing Demographics

    12 Feb, 2015

    As Millennials are opting to live in urban areas over the suburbs or rural communities, the changing demographics is causing a shift in retailer demand from regional malls, grocery-anchored strips...

    Indiana Legislation Addresses Big Box Retail Valuation Concerns

    11 Feb, 2015

    In response to recent Indiana Board of Tax Review decisions favoring Meijer and Kohl's, which will result in major value reductions during the upcoming spring assessment cycle, Sen. Brandt Hershman...

    El Paso City Council, Commissioners Court Pass Resolutions to Encourage Sales Disclosure in Texas

    10 Feb, 2015

    Both the El Paso City Council and County Commissioners Court passed resolutions on Monday calling for Texas legislators to reform property tax laws to increase transparency on real estate...

    Illinois' Property Tax Freeze Proposal Gets Mixed Reviews

    9 Feb, 2015

    During his State of the State speech last week, Gov. Bruce Rauner unveiled several pro-business measures to "turn Illinois around," including a two-year freeze on property taxes. While businesses and...

    Upcoming Deadline: Maryland Commercial Property Income and Expense Report

    6 Feb, 2015

    Assessment offices across the state of Maryland will soon be sending out Commercial Property Income & Expense requests to properties whose value exceeds $5 million. Each year, one-third of the...

    Maryland Gov. Hogan Calls for Business Personal Property Tax Cut

    5 Feb, 2015

    After building his gubernatorial campaign around tax cuts and business issues, Maryland Gov. Larry Hogan used his first State of the State yesterday to address these issues, calling for millions of...

    NYC Developers Concerned Over Uncertainty of Expiring 421a Property Tax Program

    4 Feb, 2015

    New York City's 421a property tax program, which allows developers of rental apartments to reduce their real estate taxes on new projects for 10 to 25 years, has come under scrutiny as the June 15...

    Pittsburgh Begins Closing Loopholes That Allow Developers to Avoid Deed Transfer Taxes

    3 Feb, 2015

    The Pittsburgh school district is cracking down on developers who have been taking advantage of loopholes to avoid paying deed transfer to taxes when buying properties Downtown and elsewhere for the...

    Is Tax Appeal Reform Coming to Washington?

    2 Feb, 2015

    In an effort to create a more open and fair process for Washington taxpayers disputing tax assessments, Sen. John Braun introduced Senate Bill 5449, which would establish an independent tax appeal...