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Letters from the service will alert taxpayers that they may need to do more to self-certify as a QOF.December 9
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President Donald Trump spent months on the campaign trail taking credit for “opportunity zones,” a policy meant to encourage investment in distressed communities across the U.S. Joe Biden’s team sees potential in the idea, too.November 16
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Many taxpayers want to pay less themselves — but want others to pay more.October 27
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The CARES Act will play a critical role, according to Grant Thornton.October 8
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Opportunity zones may just be the perfect vehicle to deliver economic relief to the areas hardest hit by the coronavirus pandemic — both short term and long term.September 2Tax partnerHCVT LLP
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The Trump administration’s signature tax break to help poor communities may or may not be working.August 27
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The Tax Cuts and Jobs Act created opportunity zones as an economic development tool to stimulate investments in distressed communities.July 22Tax partnerFarella Braun + Martel
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President Donald Trump recently highlighted the “opportunity zone” tax breaks he signed into law in late 2017 as a reason his administration “has done more for the Black Community than any president since Abraham Lincoln,” but a new study casts doubt on the program's effectiveness.June 17
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The Internal Revenue Service is giving investors in opportunity zone funds relief from some of the requirements in the controversial program because of the COVID-19 pandemic.June 12
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Just before the coronavirus roiled the economy, wealthy investors piled into funds that take advantage of a popular, two-year-old tax break meant to help poor communities.April 30