The Tax Cuts and Jobs Act signed on Dec. 22, 2017, amended the tax code to encourage economic growth and investment in designated distressed communities, called qualified opportunity zones, by providing federal income tax...more
11/8/2018
/ Capital Gains ,
Community Development ,
Distressed Properties ,
Economic Development ,
Federal Taxes ,
Income Taxes ,
Investment Funds ,
Investment Opportunities ,
Investors ,
IRS ,
Opportunity Zones ,
Proposed Rules ,
Real Estate Development ,
Real Estate Investments ,
Tax Code ,
Tax Cuts and Jobs Act ,
Tax Deferral ,
Tax Incentives ,
Tax Planning
New rules proposed by the IRS on August 2 could severely limit or eliminate the use of discounts commonly applied to value interests in family businesses for tax purposes. These discounts, which have been approved in numerous...more