Home / Columns and Features / Opportunity zones can benefit Rochester area (access required)

Opportunity zones can benefit Rochester area (access required)

Taxpayers that invest capital gains in Rochester real estate and businesses may be eligible for significant tax benefits under a new federal program. Opportunity Zones are low-income census tracts designated by the governor of each state to incentivize investment and encourage community development. Created by the 2017 Tax Cuts and Jobs Act, there are now over 8,700 ...

Leave a Reply

Your email address will not be published.

x

Check Also

web-sig_josh-gewolb_

IRS issues new guidance on employee parking tax for non-profits (access required)

The IRS has issued new guidance on an unexpected and controversial provision of the Tax Cuts and Jobs Act: a ...