By Michael Kroll, CPA
The Tax Cuts and Jobs Acts has been a popular topic this year where the focus has been mainly on tax cuts. However, there is a lot more to the new tax law than just tax cuts. There are new provisions providing significant tax benefits for investments in so-called Opportunity Zones and below are the details you need to know.
Distressed Area Investment
The idea behind the Opportunity Zones program is to create tax incentives for investments targeted at some...