Jan 13, 2025 | Investor Consulting Services
State Compliance Property Inspector Spectrum Enterprises, Inc. specializes in compliance oversight for the Low-Income Housing Tax Credit (LIHTC) program. Our services include document analysis, tenant file reviews, application pre-approvals, staff training, and site...
Jan 6, 2025 | Investor Consulting Services, IRS Notices
As we step into 2025, several states are rolling out updates to their minimum wage rates, reflecting adjustments for inflation, legislative changes, and phased-in increases. · Ohio: The minimum wage is increasing to $10.70 from $10.45 due to an inflation...
Oct 10, 2024 | Compliance Updates, IRS Notices
The Social Security Administration (SSA) recently announced the Cost-of-Living Adjustment (COLA) for 2025 at 2.5%, the lowest adjustment since 2020 (1.3%). The average COLA increase over the past decade has been 2.6%. While this year’s adjustment is lower than 2024’s...
Aug 14, 2024 | Compliance Updates
The U.S. Department of Housing and Urban Development (HUD) recently announced significant updates to the Housing Opportunity Through Modernization Act (HOTMA) that will take effect on January 1, 2025. These changes impact various programs, including Public and Indian...
