The signing into law of H.R. 1, known as the Tax Cuts and Jobs Act, not only made widespread changes to the Internal Revenue Code but also affected community development tax credits in the process. Michael Novagradac, CPA explores the impact in his insightful article “Community Development Tax Credits: Damaged, but not Devastated.”
Recent Posts
- EDGE Awarded PILOTs Attract International BusinessEDGE PILOT program encourages two international companies to choose Memphis.
- TVA and Port of Memphis Clearing Way for ProgressOn Friday, February 3, 2023, TVA and the Port of Memphis reached an exciting new milestone for the Allen Restoration Project—the implosion of the three 400-foot-tall stacks at the retired Allen Fossil Plant. Removal of the stacks bring TVA and the Port of Memphis one step closer to the shared goal of restoring the site for future economic development. The Allen site is a critical component of the Port master redevelopment plan. Initially implemented in 2019, this plan includes major infrastructure upgrades to Presidents Island and a short, middle, and long-range plan to help maximize the impact of 2,300 acres of under-developed industrial land in the adjacent Frank C. Pidgeon Industrial Park.
- Wednesday, December 20, 2023: EDGE Board MeetingWednesday, December 20, 2023 Memphis Area Association of REALTORS®