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June 13, 2023
2023-1050

Tuesday, June 27 | State & local tax issues impacting the real estate industry (1 pm ET)

Real property tax, employee retention credit and matters affecting transactions

As the real estate industry continues to address today's challenges — rising interest rates, the potential for a recession, lackluster deal flow and the lingering impacts of COVID-19 — the focus has turned to saving cash and reaffirming balance sheets in anticipation of future growth and positive returns. This webcast will address some of the current trends that clients are thinking about, or should be thinking about, as we navigate through 2023 and beyond.

The following topics will be discussed:

  • Current trends in real property tax values and assessments in today's climate
  • Noteworthy employee retention credit (ERC) considerations
  • Updates on elective state pass-through entity taxes
  • Deal flow and some state tax considerations
  • Major tax proposals in state budget legislation and other recent state and local tax (SALT) legislative activity affecting the real estate sector

Date: Tuesday, June 27, 2023

Time: 1:00-2:00 p.m. ET New York; 10:00-11:00 a.m. PT Los Angeles

Registration: View archive here.

Panelists

Christine Cagnina, Managing Director, State & Local Tax, Ernst & Young LLP

Patrick Doyle, Principal, State & Local Tax, Ernst & Young LLP

Laurie McGee, Managing Director, State & Local Tax, Ernst & Young LLP

Amy McLocklin, Senior Manager, State & Local Tax, Ernst & Young LLP

Moderator

Dale Y. Kim, Partner, State & Local Tax, Ernst & Young LLP

CPE credit offered: up to 1.2 depending on duration. Recommended field of study: Taxes. Learning objective: Describe the latest SALT updates affecting the real estate industry and how the changes may impact businesses and investors. This intermediate level, group internet-based course has no prerequisites or advanced preparation. Final CPE award to be based on content, polling and length of participation. See CPE FAQ for more information.

EY webcast managed and produced by Ernst & Young LLP's Tax Technical Knowledge Services Group, Washington, DC: Lynn Fairfax | lynn.fairfax@ey.comand Barbara Kirchheimer | Barbara.Kirchheimer@ey.com

Learn about and register for EY Tax webcasts

You can learn about and register for any EY Tax webcast here.

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

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