Section 42 housing is part of a federal tax program designed to make affordable housing more accessible for low-income families. If you make less than 60% of the median income for the area that you ...
Protest sign that reads, "Housing is a human right" seen in Washington D.C. during a rally for equal housing opportunities. There may be a major turning point in the Year 15 Low Income Housing Tax ...
The Low Income Housing Tax Credit (Section 42) has generated very little in the way of conventional tax litigation, meaning IRS v taxpayer. Oddly part of Section 42, specifically 42(i)(7) - Impact of ...
On April 3, the IRS issued Revenue Procedure 2019-17 (Rev. Proc.), offering additional guidance on the public use requirement applicable to multifamily housing bonds under Section 142(d) of the ...
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