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Real Estate Tax Incentives

The Inflation Reduction Act of 2022 (IRA) has created new energy incentives for the real estate industry aiming to reduce carbon emissions by 40%. Incentives are available for the commercial and residential sectors...

Navigating the Sunset: Estate and Gift Tax Exemption and Strategic Gifting

The way we approach estate planning is changing because of the sunset of the lifetime exclusion for the estate and gift tax exemption. Understanding this sunset and implementing strategic gifting techniques can be...

New Guidelines for Independent Contractor vs. Employee

The U.S. Department of Labor ("DOL") has a new six-factor test for determining whether workers are "independent contractors" or employees. Each factor has equal value in making the determination if the worker is...

Tax Incentives for Manufacturers to Go Green

There are many credits available to manufacturers that can help minimize the tax bite. One such area that manufacturers should explore are credits that stem from "going green." These credits can be of great value,...

Exploring the Benefits of Creating a Living Trust for Estate Planning

Estate planning is a crucial aspect of ensuring your assets are managed and distributed according to your wishes. One popular tool for achieving these goals is the living trust also known as a revocable trust or...

HLB Awarded Best Cross-Border Collaboration for Tax Solutions

We are pleased to announce that we have won the CFI.co - Capital Finance International 2023 global award for Best Cross-Border Collaboration for Tax Solutions. Our combination of local expertise and global...

IRS Warns of Employee Retention Credit Scams

As fraudsters continue to try to find new ways to profit off of unsuspecting taxpayers, the IRS has now added schemes related to the Employee Retention Credit (ERC) to their list of "dirty dozen tax schemes." We have...

Foreign Direct Investment in U.S., BE-12 Benchmark Survey

The BE-12 benchmark survey is BEA's most comprehensive survey, in terms of both the number of companies covered and the amount of information gathered, on foreign direct investment in the United States. The survey is...

CHIPS and Science Act

On August 9, 2022, President Biden signed the CHIPS and Science Act into law. The $280 billion package is designed to boost domestic semiconductor production; strengthen American manufacturing, supply chains and...

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