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IRS Letter 6501 – Qualified Opportunity Funds
At the beginning of April, the IRS announced that they will be sending a letter to people who need to take action related to Qualified Opportunity Funds (QOFs). If a taxpayer decided to attach Form 8996 QOF to their tax … Continue reading
Qualified Opportunity Funds (QOF): A Safe Haven from Taxes, but is it Worth the Risk?
At the time of this writing, U.S. investors are sitting on a total of more than $2.3 trillion in unrealized capital gains. Could these untapped resources help stimulate the economy by being invested in businesses and real estate within our … Continue reading
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