Tax Cuts and Jobs Act Provides Significant Tax Changes On December 22, 2017, President Donald Trump signed into law H.R. 1, commonly known as the “Tax Cuts and Jobs Act.” Most provisions affecting individuals are effective for taxable years beginning after December 31, 2017 and expire on December 31, 2025. Most business-related provisions are [...]
New Centralized Partnership Audit Regime Takes Effect In late 2015, Congress passed the Bipartisan Budget Act of 2015 (as amended, the “BBA”). The BBA established a new centralized partnership audit regime, applicable to partnership tax years beginning after December 31, 2017, and repealed prospectively the TEFRA partnership audit rules. These new federal partnership income [...]
The End of LIBOR LIBOR, or the London Interbank Offered Rate, is the market standard for pricing financial assets, including credit cards, syndicated loans, and swaps and other derivatives, with some $350 trillion in financial products pegged to LIBOR. LIBOR measures the rate at which banks can borrow from one another on a short-term, [...]
Current Trends and Lending Considerations 7/18/17 Whalen Kuller and Yvette Fallone-Tietje Our lively roundtable discussion between Commercial Real Estate Developers, Community Bankers, and Commercial Real Estate Attorneys focused on community bank lending for commercial real estate development. With topics discussed such as: Lending Restrictions Developer's criteria in selecting an equity partner Reasons to select a [...]
