Since 2012, Edge Business Solutions and RLB Accountants have worked together on all of the Neighborhood Improvement Zone (NIZ) projects to date. The two areas include Financial Models and NIZ Compliance. Edge Business Solutions is typically hired by the developers to build financial models and pull together the underwriting packages for the financing. RLB Accountants is able to provide a comprehensive analysis of the taxes that should be included in these models, based on the architecture of the NIZ.
Additionally, Edge works on a monthly basis with the Construction Managers and subcontractors to ensure that they are in compliance with the NIZ legislation. At year end, RLB Accountants compiles this monthly information, and subsequently files the official returns to the PA Department of Revenue and City of Allentown. The NIZ Compliance of the hundreds of contractors within the City of Allentown’s redevelopment has been very successful based on this association.
Moreover, at year end, Edge Business Solutions works with all event acts and sports teams that performed at the PPL Center to ensure compliance. RLB Accountants receives this information from Edge, and then files the official returns to the PA Department of Revenue and City of Allentown.
RLB Accountants: rlbaccountants.com