WCRE Information Library
Lower Commercial Property Taxes: One Benefit of a Rocky Market
![Lower commercial property taxes](https://wolfcre.com/wp-content/uploads/2023/01/Lower-commercial-property-taxes-scaled-150x150.jpg)
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
![year end tax planning tips for property owners](https://wolfcre.com/wp-content/uploads/2022/12/year-end-tax-planning-tips-for-property-owners-150x150.jpg)
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
![The Inflation Reduction Act Incentives for Solar](https://wolfcre.com/wp-content/uploads/2022/11/The-Inflation-Reduction-Act-Incentives-for-Solar-scaled-150x150.jpg)
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
![NEW STANDARD CHANGES ACCOUNTING FOR LEASES](https://wolfcre.com/wp-content/uploads/2022/11/leases-150x150.jpg)
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](https://wolfcre.com/wp-content/uploads/2022/10/Retail-Trends-scaled-150x150.jpg)
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
![Commercial Lease Options](https://wolfcre.com/wp-content/uploads/2022/09/Commercial-Lease-Options-scaled-150x150.jpg)
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
![IRS Penalties to be Forgiven for 2020-2019 Tax Years](https://wolfcre.com/wp-content/uploads/2022/09/IRS-Penalties-to-be-Forgiven-for-2020-2019-Tax-Years-scaled-150x150.jpg)
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](https://wolfcre.com/wp-content/uploads/2022/08/work-from-home-safety-150x150.jpg)
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](https://wolfcre.com/wp-content/uploads/2022/08/Preparing-Tenants-for-Renovations-scaled-150x150.jpg)
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 Real Property Tax Exemption Overview](https://wolfcre.com/wp-content/uploads/2022/08/New-Jersey-Real-Property-Tax-Exemption-Overview-scaled-150x150.jpg)
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
![Sponsorship vs. Advertising](https://wolfcre.com/wp-content/uploads/2022/07/Sponsorship-vs.-Advertising-scaled-150x150.jpg)
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
![Tips For those who pay or should pay estimated taxes](https://wolfcre.com/wp-content/uploads/2022/07/Estimated-Taxes-150x150.jpg)
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 […]
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