2017 Tax Cut Created Incentives and Flexibility for QOZ Investment A new tax incentive that has been gaining a lot of attention recently is the Qualified Opportunity Zone Fund. Like existing tax incentives, the Qualified Opportunity Zone (QOZ) provisions permit investors to reduce their taxes by investing in certain areas designated as disadvantaged or underdeveloped. […]
What Qualifies as Qualified Business Income? In the six months following the passage of the landmark Tax Cuts and Jobs Act, the business community has been anxiously awaiting clarifications on certain aspects of the legislation. Specifically, the area that defines qualified business income. Now, guidance is finally on the way. In summer 2018, the IRS […]
Knowing your IRA rollover rules can minimize unexpected taxes and penalties. Find out why traditional IRA rollovers aren’t as simple as they seem.
Donald Trump’s shocking ascent to the White House left the country with many questions. Top of mind for businesses and estates: What will the Trump tax plan look like?