Affordable Housing Tax Credit Compliance

TaxComplianceIf you’re among the growing number of owners, administrators or others whose success includes use of the low-income housing tax credit, CRM’s tax compliance officers help make sure that you are using this credit properly and effectively.

This includes understanding the rules from the IRS, states and other agencies that govern today’s housing tax credit projects; calculating your credit; applicable income and rent restrictions; credits for acquisition with rehabilitation; compliance requirements; extended use and recapture; credit allocation at the state level, including plans and project evaluations; and a host of related issues.

We stay – and keep you – up-to-date on the latest tax and legislative developments that could have implications for tax credit projects.

What’s more, we help you stay certified with guidance and assistance in identifying and addressing potential obstacles to re-certification.