Posts Tagged ‘Opportunity Zones’
OPPORTUNITY ZONES DURING COVID-19
What Are Opportunity Zones? Opportunity Zones (OZ) are part of the 2017 Tax Cuts and Jobs Act. Congress introduced Opportunity Zones as an innovative approach to spark long-term private investments in low-income communities. They used tax relief as an incentive for individuals to invest capital gains income. Relief comes in the form of deferral, reduction,…
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