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Household Energy Usage Increases Due to Pandemic, Energy Mortgages May Help

Pro Builder

Some local utility companies in states such as California, Michigan and New York have asked consumers to moderate electricity usage as a result of this increased demand. But energy or “green” mortgages could address the increase in energy usage while increasing a home’s value and affordability.

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Tax Reform Impact on Employers and Employees

Revit OpEd

Repeal of employee deduction and income exclusion for moving expenses: Under current law (Code Section 132(a)(6) and (g)), an employee can exclude qualified moving expense reimbursements from gross income. Certain of these expenses are not deductible unless, in aggregate, they exceed 2% of the employee’s adjusted gross income.

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Black Gold Rush

Buisness Facilities Contributed Content

The housing market collapse devastated the Golden State at the same time it faced a fiscal reckoning brought on by decades of piling up long-term debt. Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. Last year, CA Gov.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

Income 108
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Housing Outlook: Is This a Recession … or Not?

Pro Builder

Residential building permits dropped by 15,594, or 10.1% Wages are rising, but not as fast as inflation, so job growth and low household debt burdens are keeping the economy going,” Rogers adds. Perry is an award-winning freelance writer based in New York City. Other Indicators Point to a Housing Slowdown. Census Bureau.

Housing 98
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

Income 75
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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Our award winners are the State of New York , for its Reforming the Energy Vision Initiative; Duke Energy , for the Duke Energy Smart Grid Lab; and Oncor/Lancaster TX , for Oncor’s Microgrid Project and Tech Center. billion and create more than 1,400 new high-tech jobs in Rochester. for the first time.

Indiana 40