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Qualified Opportunity Zones: Guidelines for Developers
Congress designated Qualified Opportunity Funds in 2017 with a win-win goal: To spur growth in 8,700 distressed communities, known as Qualified Opportunity Zones, via investment vehicles offering attractive…
Continue ReadingTaxpayers Should Be on the Lookout for New Version of SSN Scam
Taxpayers should be on the lookout for new variations of tax-related scams. In the latest twist on a scam related to Social Security numbers, scammers claim to be able to suspend or cancel the victim’s…
Continue ReadingIRS Clarifies the Tax Treatment of Cryptocurrency
As part of a wider effort to assist taxpayers and to enforce the tax laws in a rapidly changing area, the Internal Revenue Service issued two new pieces of guidance for taxpayers who engage in transactions…
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