Tax Cuts and Jobs Act
Ambassador event recap: Opportunity zone program
Industry experts define Opportunity Zones and how low-income communities could benefit from zone location As Greater Phoenix develops more opportunities for new businesses, housing, and technology advancements, many are wondering how this growth can reach all communities, including those with lower incomes. Chris Camacho, president and CEO of the Greater Phoenix Economic Council, expressed his […]
View Post »Opportunity zone program
The Tax Cuts and Jobs Act (TCJA) created the Opportunity Zones program to increase investment in economically distressed communities by modifying the standard tax treatment of capital gains in several ways. These modifications either delay or reduce the capital gains tax liability of investors. But to qualify for these benefits, investors must reinvest one or […]
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