In order to qualify for opportunity zone tax benefits, an investor must reinvest capital gains into a qualified opportunity zone (QOZ) eligible investment vehicle within 180 days after recognizing the ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
When a corporation sells property, it can decrease the resulting tax burden several ways. Most business property sales can be calculated according to Section 1231, which allows a significant portion ...
The complex rules applicable to capital gains taxation essentially establish four different types of capital assets. These groups of capital assets are: (1) short-term capital assets, with no special ...
Members of the Maryland Association of Certified Public Accountants are answering readers’ tax questions through April 15. Q: Is the loss on the sale of a residential rental property treated as a ...