On June 4, 2020, the IRS released Notice 2020-39 which provides relief under the federal Qualified Opportunity Zone (“QOZ”) program as follows: 1.) 180-Day Investment Requirement for QOF...
Continue ReadingWe have implemented a phased approach for returning to our offices that allows us to modify our approach to service delivery as situations change without any service disruptions. In the meantime and in the interest of public health and the safety of our community, our teams will continue working remotely whenever possible to provide the same high-quality service you have come to expect. Utilizing state-of-the-art technology, we are committed to meeting all of your assurance, tax, and advisory needs to help you navigate a business environment filled with challenges and opportunities. To discuss a specific need that can’t be handled remotely, please contact your Freed Maxick representative directly.
On June 4, 2020, the IRS released Notice 2020-39 which provides relief under the federal Qualified Opportunity Zone (“QOZ”) program as follows: 1.) 180-Day Investment Requirement for QOF...
Continue ReadingTechnical Amendments, Federal Disaster Declarations and COVID-19 filing extensions and their impact The timing for several important provisions of the Opportunity Zones program have been...
Continue ReadingBonus Depreciation Creates an Opportunity, but Requires an Overall Tax Analysis The 2017 Tax Cuts and Jobs Act (“TCJA”)...
Continue ReadingIf you are a CFO at a business that provides SaaS to clients in multiple states, new state sales tax rules will have an impact on your tax reporting and compliance obligations A recent...
Continue ReadingThe 2017 Tax Cuts and Jobs Act (TCJA) created the federal “Opportunity Zones” (“OZ”) program, a new tax incentive program for investments in low-income communities. In order to utilize the...
Continue ReadingA discussion of Qualified Opportunity Fund (QOF) benefits, eligibility requirements, and action steps The Tax Cuts and Jobs Act of 2017 (TCJA) created a new tax incentive program for...
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