2023 Employment Law Changes — And Steps To Take Before 2024

Affordable Housing Implications of the Consolidated Appropriations Act, 2021

On December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021, a year-end legislation package that includes a $1.4 trillion omnibus spending bill and a $900 billion COVID-19 relief bill. The bill is expected to be signed by the President later today. This legislation provides substantial relief in light of the COVID-19 pandemic, including key ...

1031 Exchange Deadline Extensions Pursuant to IRS Notice 2020-23

By: Jordan J. Hogness

On April 9, 2020, the Internal Revenue Service released IRS Notice 2020-23. Among other items, this Notice extends important deadlines for taxpayers involved in like-kind exchanges under Section 1031 of the Internal Revenue Code. Specifically, for any Section 1031 exchangor whose (i) 45-day identification period, or (ii) 180-day exchange period ends between April 1, 2020 ...

CARES Act Summary: Selected Tax Provisions

By: Jordan J. Hogness

On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (CARES Act) was signed into law by President Donald J. Trump. Representing “Phase III” of the sweeping economic stimulus and public health measures currently being undertaken by the U.S. federal government, the CARES Act includes a number of tax-related provisions designed to reduce ...

Housing Finance Commission Releases Report with Major Implications to Affordable Housing Industry

The Washington State Housing Finance Commission (WSHFC) has released a report on transfer disputes in the low-income housing tax credit program.