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.

    Tax Reform Plan Eliminates Historic Tax Credit Program

    13 Nov, 2017

    The new tax reform proposal submitted by Republican lawmakers earlier this month would cut a program that has been an engine for urban renewal and economic revival, sparking strong opposition from...

    Hotel Developers Seek Adaptive Reuse Projects

    6 Jul, 2016

    Developers are increasingly looking for adaptive reuse projects as a way to differentiate their hotels from the industry’s ‘sea of sameness.’ Although converting an existing building to a hotel can...

    North Carolina Restores Historic Tax Credit Program

    30 Oct, 2015

    After letting the historic preservation tax credit program expire last year, North Carolina legislators restored the credits in its budget last month, and developers around the state will begin...

    Kansas City Approves TIF for Commerce Tower

    15 May, 2015

    This week, the Tax Increment Financing (TIF) Commission of Kansas City approved TIF assistance for the $138 million Commerce Tower mix-use redevelopment project. The approval was a major relief for...

    N.C. House Advances Historic Property Tax Credit

    7 May, 2015

    The North Carolina House voted to bring back the state's Historic Property Tax Credit program, which aided rehabilitation of designated historic buildings and homes and mill and warehouse buildings...

    NC House Passes Historic Property Tax Credit Bill

    27 Mar, 2015

    The Historic Property Tax Credit, a state income tax credit intended to help developers raise money to restore historic properties, was granted bipartisan approval by the North Carolina House and now...

    High Demand for Wisconsin's Historic Tax Credit Program Concerns Developers

    12 Jan, 2015

    Wisconsin developers are wondering what's in store for the state's historic restoration tax credit program, as there was a large spike in demand for the credits over the past year. Developers are...

    California Historic Preservation Tax Credit Pending

    5 Sep, 2014

    California's recently passed Assembly Bill 1999, authored by Assembly Speaker Toni Atkins (D-San Diego), would offer a a 20% state tax credit to developers restoring structures listed on the National...

    Developers Rally to Keep Historic Preservation Tax Credits in North Carolina's Budget

    1 Aug, 2014

    Since North Carolina introduced the Historic Preservation Tax Credit program in 1998, the credits have been renewed every budget season. This year, however, a recent version of the state budget that...

    Baltimore Expands Tax Credits for Apartment Developers

    21 Jul, 2014

    The Baltimore City Council passed a bill last week that will make 10 years of property tax credits available citywide for developers of apartments. The bill expanded the current apartment tax credit...