New 3% Withholding on Payments for Sales and Services to Government Entities Delayed Until 2013

On May 6, 2011, the Internal Revenue Service (IRS) released final regulations that delay the mandatory three percent (3%) withholding on certain payments made by government entities. In general, the 3% withholding, which was scheduled to go into effect beginning next year, will apply to each individual payment over $10,000 made from federal, state and [...]

Posted Under: Government Contracting,Government Services,Real Estate and Construction
This post was written by admin on May 17, 2011 Comments (0)

Distressed Real Estate Assets Offer Challenges and Opportunities

As the economy continues to recover from recession, the nation’s residential and commercial real estate markets continue to struggle as foreclosure and vacancy rates climb. Lack of credit markets and precipitous declines in property values have also brought many new developments to a halt. This overabundance of unsold real property in the marketplace presents an [...]

Posted Under: Real Estate and Construction
This post was written by admin on November 5, 2009 Comments (0)