|From:||Lenny Siegel <firstname.lastname@example.org>|
|Date:||Fri, 27 Oct 2017 16:32:29 -0700 (PDT)|
|Subject:||[CPEO-BIF] "New Life for the New York Brownfield Redevelopment Credit"|
New Life for the New York Brownfield Redevelopment Credit By Kenneth Laks CPA Journal October 2017 New York’s Brownfield Cleanup Program was initiated over a decade ago to encourage private enterprise to redevelop contaminated properties and revitalize their surrounding communities. The program was recently extended, providing greater certainty that the incentives will continue to exist in the future, albeit at a lower level. Financial advisors of taxpayers with qualifying property should become familiar with the new requirements and engage the services of engineering consultants to maximize the potential tax benefits. In April 2015, New York passed its annual budget, which included a 10-year extension of the Brownfield Cleanup Program. The state tax credits available for developers who clean up and build on contaminated sites were supposed to expire at the end of 2015, but now have the necessary funding to continue. … For the entire article, see https://www.cpajournal.com/2017/10/23/new-life-new-york-brownfield-redevelopment-credit/ -- Lenny Siegel Executive Director Center for Public Environmental Oversight a project of the Pacific Studies Center P.O. Box 998, Mountain View, CA 94042 Voice/Fax: 650/961-8918 <email@example.com> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org
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