Cost segregation studies, Section 45L credits and Section 179(D) deductions are some of the most-discussed tax savings opportunities in real estate, but there are two often underutilized tax credits available to real estate developers and owners/operators: the Work Opportunity Tax Credit and the Federal Empowerment Zone Tax Credit. Here are some key facts about them:
Work Opportunity Tax Credit (WOTC)
WOTC allows employers to reduce their federal tax liability by up to $9,600 per eligible employee…
