Forrest Milder Author Archives

IRS Publishes Revised Average Income Regulations For LIHTC

The IRS has published the long-awaited revisions to its average income test regulations for the Low Income Housing Tax Credit.

The Land of OZ

Much of the excitement associated with the 2017 Tax Act was due to the large corporate tax cuts. Far less notice was accorded new sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code: They provide a broad incentive based on the concept of “qualified Opportunity Zones.”