the InSIGHT Blog

Running on Empty: The Affordable Housing Crisis

Being homeless was never part of John’s life plan.  But in a world where 58,000 veterans are homeless and an additional 1.4 million veterans are at risk of homelessness, his experience with affordable housing is not unique. Tidwell Group wanted to better understand the situation that so many people like John find themselves in, so

Tidwell Group announces new partners Todd Fentress, Aram Moore and Kevin Allmandinger as they expand into Columbus.

  2017’s fastest-growing CPA Firm, Tidwell Group, is proud to announce the opening of its Columbus, Ohio office. With this expansion into Columbus, Tidwell Group welcomes three new partners to their team.   In January 2018, Todd Fentress, CPA, joined Tidwell Group as the Office Managing Partner.  Todd’s addition to the team brings a level

New Tax Reform Bill Impacts Bonus Depreciation Opportunity

This week, Congress passed the first major tax overhaul in years. Tidwell Group has analyzed the tax provisions to share insight on how some tax provisions may impact its clients.   Taxpayers will be able to deduct 100% of the cost of qualified property placed in service after 9/27/2017. However, with tax rates decreasing starting

Developers: Preserve Scattered Site Housing Successfully

There is a stark upward trend in the aging of affordable housing properties and it does not appear to be tapering anytime soon. In fact, aging housing inventory is on the rise and has continued to increase year-over-year with a peak expected in the year 2024. This trend provides opportunities for affordable housing developers. Tidwell

Ohio Announces Tax Amnesty Program

In an effort to assist taxpayers and raise revenue, Ohio recently announced a new tax amnesty program that will open January 1, 2018 and will run through February 15, 2018. If you have unreported or underreported taxes that were due and payable as of May 1, 2017, and you have not received a billing notice

Elimination of private-activity bonds would lead to dire consequences for Affordable Housing

On November 2nd, the Tax Cuts and Jobs Act introduced in the House of Representatives proposes the elimination of the Bond Program and the effective elimination of the 4% Housing Credit.   We cannot overstate the vital role these programs play in building and preserving affordable housing throughout the nation. While the proposed House Tax Reform