WCRE Information Library
Lower Commercial Property Taxes: One Benefit of a Rocky Market
Lower commercial property taxes are a silver linin in an otherwise rocky market. The commercial real estate market is, to put it mildly, in a state of transition. Although vacancy […]
Read More....Year End Tax Planning for Commercial Property Owners
Let’s look at some year end tax planning tips for property owners. The real estate and hospitality industries have gotten very comfortable with the luxury of having 100 percent bonus […]
Read More....The Inflation Reduction Act: Incentives for Solar
On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022. The bill, known as the “IRA”, codifies the Investment Tax Credit (ITC) at 30% for 10 years […]
Read More....NEW STANDARD CHANGES ACCOUNTING FOR LEASES
After a series of deferrals, the new standard for leases, Topic 842, is here. Your organization may be unsure how this will affect your day-to-day activities, but I can assure […]
Read More....Retail Trends that Caused Changes in Commercial Real Estate
Retail trends and consumer behavior have changed since before the pandemic. Yet, specific changes have accelerated in adoption as the globe moves through a post-pandemic world. Now, major opportunities exist […]
Read More....Understanding Commercial Lease Options
Let’s look at commercial lease options. You might think that leasing a commercial property is a straightforward process. You visit a place, sign a lease, and start operating your business […]
Read More....IRS Penalties to be Forgiven for 2020-2019 Tax Years
Do you have IRS penalties stemming from a late 2019-2020 tax filing for yourself or your business? On Wednesday August 24th, the Internal Revenue Service issued Notice 2022-36, providing penalty […]
Read More....Work From Home Safety
Work from home safety has become a larger concern more than ever. With more people working from home because of the pandemic, there’s more concern about cybercrime, data security and […]
Read More....Preparing Tenants for Renovations: Limiting Disruptions
Preparing tenants for renovations is a crucial part of owning a building. Providing quality workspace is a commercial building owner’s top priority. Summer months require preparation as much as winter, […]
Read More....New Jersey Real Property Tax Exemption Overview
New Jersey offers real property tax exemptions for certain religious organizations, schools and other charitable entities (each an “Eligible Entity”). To apply for exemption, an Eligible Entity must submit an […]
Read More....Sponsorship vs. Advertising: Know the Difference to Save Tax Dollars
If you were to randomly poll a hundred people about the difference between a sponsorship and advertising, most would probably say they’re the same. But in the world of nonprofit […]
Read More....Tips For Those Who Pay Or Should Pay Estimated Taxes
Depending on what you do for a living and what your spouse may be earning, you may have income that is not subject to withholding. It’s possible that you may […]
Read More....
