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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

It is time for contractors to get serious about the FASB ASU 2016?02 Going forward there will be a long-term asset offset by a current liability and a long-term liability. Existing debt covenant calculations may need to be amended as a result of the implementation of the new lease standard. Greg Ragsdale.

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PACE Bill Due in Baltimore City

Green Building Law Update

However, as I wrote in this blog on July 24, 2016, HUD Jumpstarted Financing For Homes , reversing their previous position and now widely allowing residential PACE loans. It is clear that in 2016 there will be more of them across Maryland including hopefully in Baltimore and ideally across America.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

By Business Facilities Editorial Staff From the March/April 2016 Issue. Our 2016 awards include recognition for the locations that have led the way in smart-grid modernization, innovative funding for infrastructure projects, renewable energy breakthroughs and new tools for supporting startups and entrepreneurs.

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Tax Reform Impact on Employers and Employees

Revit OpEd

This includes the following deductions that an employee had been permitted to deduct under current law: Casualty and theft losses from property used in performing services as an employee; Business bad debt of an employee; Business liability insurance premiums; Damages paid to a former employer for breach of an employment contract; Depreciation on a (..)

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PACE Programs are Stepping Up the Pace

Green Building Law Update

In the event of a default, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent is required. Commercial PACE programs are still very new.

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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

2357.301): This tax credit will sunset on December 31, 2016. Company-Purchased Debt Option: A for-profit entity in conjunction with one or more unit of local government may make application to the Oklahoma Department of Commerce. For more information please contact i2E at (405) 235-2305 or www.i2e.org. TAX INCENTIVES.

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PACE in Maryland is Not Keeping Pace

Green Building Law Update

In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder acknowledgment of a PACE loan is required.

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