I am a Tax Principal with Ernst & Young LLP in the US-West Region. Chances are you have heard about Opportunity Zones (OZones) by now. They were created by the Tax Cuts and Jobs Act to spur ...

While many national investors are likely familiar with the Opportunity Zone Tax Incentive, it's useful to include a brief introduction to the policy for local investors or others who may not be ...

A combined federal and state effort to redesign the boondoggle-prone economic development program could also provide the ...

You can read the text here. The simplest description is that opportunity zone investments provide for a deferral or elimination of capital gains tax on realized capital gains that are reinvested ...

The federal qualified opportunity zone (QOZ) program was enacted in 2017 as part of the Tax Cuts and Jobs Act. It allows individual and institutional investors to tap into substantial tax ...

With Congress’ passage of the Tax Cuts and Jobs Act in 2017, much discussion focused on a particular aspect of the law — the establishment of “Opportunity Zones” and the significant ...

The Tax Cuts and Jobs Act of 2017 provides a new incentive—centered around the deferral, reduction, and elimination of capital gains taxes—to spur private investments in low-income areas designated by ...

States where median home values in Opportunity Zones were up most often quarterly included Kentucky (medians up from the third quarter of 2024 to the fourth quarter of 2024 in 71 percent of zones), ...

The US tax system is facing potential sweeping changes. As major provisions of the 2017 Tax Cuts and Jobs Act (TCJA) approach their expiration ...

Sylacauga, has filed a bill that would establish a state income tax credit for recruited workers and remote workers that move to certain counties in Alabama. Under HB259, remote workers and teachers, ...