It’s that time of year when many businesses will be receiving a notice
of value in the mail containing a reassessed value of their property.
This could potentially mean an increase in property tax liabilities and
significantly impact a business’s operating expenses and bottom line.
In summary, the article details that the newly created qualified opportunity zones offer an intriguing tax planning option for investors and a potential boon for distressed communities.
RubinBrown Partner Tony Nitti recently took part in a nonpartisan tax
think tank which debated the pros and cons of the new Section 199A, more
widely known as the 20% pass-through deduction.
Last week,
RubinBrown Partner Tony Nitti spoke on a panel that analyzed the new tax law, as well as the latest views about the law among taxpayers and journalists.