Summertime Tax Tips from the IRS

IR-2019-124, July 10, 2019 WASHINGTON — Buying a home? Working a summer job? Volunteering? Activities that are common in the summer often qualify for tax credits or deductions. And, while summertime and part-time workers may not earn enough to owe federal income tax,...

Qualified Opportunity Funds

IRS Tax Reform Tax Tip 2018-191: Tax reform creates opportunity zone tax incentive Qualified Opportunity Zones were created by the 2017 Tax Cuts and Jobs Act. These zones are designed to spur economic development and job creation in distressed communities throughout...