Under the Tax Cuts and Jobs Act, in 2026, the basic exclusion amount will drop to less than half of the current amount, so plan wisely Under the current tax laws, it is easy to forget that the imposition of an estate tax could drastically reduce the amount you plan to...
Congress created Opportunity Zones under the Tax Cuts and Jobs Act of 2017 as an economic development tool to encourage investment in distressed areas. The Act created three main incentives to spur capital investment, providing the following benefits to investors: •...