We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
In response to the devastation caused by the 2018 California wildfire season, the IRS recently issued a notice to the state committee that administers federal and state low-income housing tax credits to extend the date of its compliance review of credits in the three affected counties to either Nov. 25 or one year after the date of a building’s restoration and placement back into service. The relief is extended to California individuals affected by destructive wildfires last year in Butte, Los Angeles, and Ventura counties.
