On August 8, 2020, the President directed the Secretary of the Treasury to authorize the deferment of certain payroll tax withholding, depositing, and payment obligations otherwise incurred on wages and compensation paid...more
9/1/2020
/ Coronavirus/COVID-19 ,
Employer Liability Issues ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
New Guidance ,
Payroll Taxes ,
Secretary of the Treasury ,
Social Security Taxes ,
Tax Deferral ,
Tax Liability ,
Tax Refunds ,
Wage and Hour ,
Withholding Tax
The Tax Cuts and Jobs Act created opportunity zones as an economic development tool to stimulate investments in distressed communities. This tool extends tax advantages to investors in qualified opportunity funds, provided...more
8/6/2020
/ Capital Gains ,
Community Development ,
Coronavirus/COVID-19 ,
Deadlines ,
Investors ,
Opportunity Zones ,
Qualified Opportunity Funds ,
Real Estate Investments ,
Relief Measures ,
Safe Harbors ,
Tax Cuts and Jobs Act ,
Tax Deferral ,
Time Extensions ,
U.S. Treasury
A new tax incentive intended to stimulate investment in low-income communities known as opportunity zones has attracted significant attention from investors, developers, and business owners since its enactment under Section...more
5/24/2019
/ Community Development ,
Economic Development ,
Internal Revenue Code (IRC) ,
Investment Funds ,
IRS ,
Low Income Housing ,
Opportunity Zones ,
Public Comment ,
Public Notice ,
Qualified Opportunity Funds ,
Real Estate Development ,
Tax Deferral ,
Tax Incentives ,
U.S. Treasury
A new economic development tool created to stimulate investment in low-income communities known as “Opportunity Zones” has been attracting attention of investors, developers and business owners. This tool extends tax...more
12/21/2018
/ Capital Gains ,
Community Development ,
Housing Developers ,
Investment Funds ,
Investment Opportunities ,
Low Income Housing ,
Opportunity Zones ,
Qualified Opportunity Funds ,
Real Estate Development ,
Tax Cuts and Jobs Act ,
Tax Deferral ,
Tax Incentives
The Opportunity Zones Program (OZ Program) aims to infuse capital into low-income communities known as qualified opportunity zones (QOZs) by offering tax-advantaged investments benefiting electing Qualified Opportunity Fund...more
10/30/2018
/ Capital Gains ,
Community Development ,
Economic Development ,
Internal Revenue Code (IRC) ,
Investment Funds ,
IRS ,
Low Income Housing ,
New Guidance ,
Opportunity Zones ,
Proposed Regulation ,
Qualified Opportunity Funds ,
Real Estate Development ,
Real Estate Investments ,
Tax Cuts and Jobs Act ,
Tax Deferral ,
Tax Planning ,
U.S. Treasury
The Tax Cuts and Jobs Act creates a new tax incentive to stimulate economic development in certain low-income communities known as “Opportunity Zones.” This program will allow businesses and commercial projects located in...more