Qualified Opportunity Zone Fund Investments
President Trump’s budget permanently extends numerous provisions of the Internal Revenue Code from the Tax Cuts and Jobs Act (TCJA) of 2017 scheduled to expire at the end of 2025 and includes several changes that will have...more
On December 22, 2017, Congress enacted the Tax Cuts and Jobs Act of 2017 (the “Tax Act”). The law created a new incentive to encourage long-term investment in the nation’s low-income areas. If a taxpayer invests eligible...more
As we highlighted in a March 19, 2018 blog, the Opportunity Zones federal program establishes Opportunity Zones, or low-income census tracts, to boost private investment in under-served urban and rural communities. These...more