Private sector investors have long appreciated the Federal Historic Preservation Tax Incentives program and welcome comparable state historic tax incentive programs, available in both Louisiana and Texas. However, the many credit programs available involve complex application and renewal requirements at both the federal and state levels.
Helping you successfully navigate these complexities is the work of our Historic Tax Credit Services Group. We can put our valuable experience with the operation and structure of historic tax credit transactions to work for you. And when historic tax credit audits are required, we can perform them for you as well. You can put your trust in our multidisciplinary professionals, who include a master of laws in taxation and juris doctor, certified public accountants, an accredited business valuator, a certified valuation analyst, and a master analyst in financial forensics.
Our clients value our knowledge of the state and federal qualifications for expenditures that will qualify for credits and our familiarity with the processes and best practices for preparing cost projections. They particularly value our access to national resources through our alliance with one of the largest independent accounting and business advisory firms in the country.
- Historic credit cost certifications and examinations
- Historic credit cost projections and reasonableness opinions
- Tax consulting
- Partnership structures
- Review of operating agreements
LAPORTE HISTORIC TAX CREDIT SERVICES GROUP OVERVIEW
(authored by RSM US LLP) The final regulations issued by the IRS provide guidance for meal and entertainment deductions under section 274.
(authored by RSM US LLP) IRS to focus on taxpayer compliance with the documentation requirement to allocate and deduct success-based fees.