Coolidge Wall Receives 2018 Best Law Firms First-Tier Ranking

In Uncategorized by Coolidge Wall

Coolidge Wall Co., L.P.A. has received first-tier metropolitan ranking in eight practice areas by U.S. News & World Report and Best Lawyers in the 2018 “Best Law Firms” list. Achieving a tiered ranking signals a unique combination of quality law practice and breadth of legal expertise among ranked law firms. The eight areas for which the firm received first-tier ranking are Corporate Law; Real Estate Law; Banking and Finance Law; Commercial Litigation; Employment Law – Management; Labor Law – Management; Litigation – Labor & Employment; and Litigation – Real Estate. To be eligible for a ranking, a firm must have …

Real Estate and the Tax Bill

In Tax by Coolidge Wall

On December 22, 2017, President Donald Trump signed into legislation the Tax Cuts and Jobs Act. Of importance, the bill repealed and/or limited many deductions for individuals, such as implementing a $10,000 cap on deductions for state and local taxes, which includes property tax. This cap, however, does not apply to state and local taxes paid while carrying on a real estate trade or business. The change has led to a spell of homeowners hurrying to prepay their property taxes in order to take the deduction when filing their taxes in April of 2018. Outside of the many changes which …