On December 3, 2014, The House passed the one-year extension of the tax extenders package. Once passed by the Senate and signed into law, the House bill will likely extend the incentives through 2014.
For our real estate developers, commercial property owners, and businesses reliant on research tax credit or production tax credit for wind energy, this is potential good news.
Canner Brody & Yan CPAs has been helping business clients throughout South Florida for over 65 years. We have an expertise in real estate accounting so this is good news for our clients. Give us a call at 305-231-2150 if you can benefit from our services.