Tax Reform Toolkit

What You Need to Know About IRS’ Updated Opportunity Zone Regulations

Filed in Multifamily, Tax Reform Toolkit by on May 22, 2019 1 Comment
What You Need to Know About IRS’ Updated Opportunity Zone Regulations

In April, the Treasury Department and IRS released a second set of proposed regulations related to the new opportunity zones tax incentive. NAHB has updated its resource page with a new FAQ outlining key points included in both sets of draft regulations.

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Treasury Announces New Opportunity Zone Regulations

Filed in Multifamily, Tax Reform Toolkit by on April 17, 2019 2 Comments
Treasury Announces New Opportunity Zone Regulations

The U.S. Treasury Department today issued its second set of proposed regulations related to the new opportunity zones tax incentive established as part of the Tax Cuts and Jobs Act of 2017.

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NAHB Resources Available to Help Navigate Opportunity Zones

Filed in Multifamily, Tax Reform Toolkit by on March 27, 2019 0 Comments
NAHB Resources Available to Help Navigate Opportunity Zones

Established as part of the Tax Cuts and Jobs Act of 2017, opportunity zones provide tax incentives for investors with capital gains to invest in underserved areas affected by poverty and unemployment. However, as a new tax incentive, many building industry members are still unclear on how to take advantage of this incentive. Learn more about the resources available through NAHB.

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Trump Signs Executive Order on Opportunity Zones

Filed in Codes and Regulations, Multifamily, Tax Reform Toolkit by on December 14, 2018 1 Comment
Trump Signs Executive Order on Opportunity Zones

President Trump yesterday signed an executive order to spur more investment in opportunity zones, a new type of economic development incentive created by the Tax Cuts and Jobs Act of 2017.

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How Do Opportunity Zones Work?

How Do Opportunity Zones Work?

To help further clarify what opportunity zones and QOFs are, and how the associated tax benefits work, NAHB has provided answers to several of the most common questions on the subject.

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Proposed Regulations on Opportunity Zones Released

Filed in Tax Reform Toolkit by on October 19, 2018 11 Comments
Proposed Regulations on Opportunity Zones Released

The Treasury Department and IRS today released the long-awaited proposed regulations for implementing opportunity zones, a new type of economic development incentive created by the Tax Cuts and Jobs Act of 2017.

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Upcoming Webinars to Clarify New Tax Law

Filed in Tax Reform Toolkit by on October 17, 2018 4 Comments
Upcoming Webinars to Clarify New Tax Law

Still confused about the new tax law? Then take advantage of two upcoming opportunities to hear directly from the IRS about the changes made to the business tax code.

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House Republicans Introduce ‘Tax Reform 2.0’ bills

Filed in Capitol Hill, Tax Reform Toolkit by on September 11, 2018 0 Comments
House Republicans Introduce ‘Tax Reform 2.0’ bills

House Republicans yesterday unveiled their long-anticipated package of tax changes, which are intended to build on the enactment of last year’s Tax Cuts and Jobs Act. Known as Tax Reform 2.0, it is actually a package of three bills. The House Ways and Means Committee is expected to take up the bills quickly, possibly later this week.

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NAHB Asks IRS to Clarify Key Questions on Opportunity Zones

Filed in Tax Reform Toolkit by on September 11, 2018 0 Comments
NAHB Asks IRS to Clarify Key Questions on Opportunity Zones

NAHB has joined the Bipartisan Policy Center and eight other national organizations to ask Acting Internal Revenue Service Commissioner David Kautter to issue guidance on key issues facing investors interested in opportunity zones, established as part of the Tax Cuts and Jobs Act of 2017.

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What You Need to Know About the 20% Pass-Through Deduction

Filed in Codes and Regulations, Tax Reform Toolkit by on September 4, 2018 0 Comments
What You Need to Know About the 20% Pass-Through Deduction

The Tax Cuts and Jobs Act signed into law late last year created a new section of the tax code that provides a 20% deduction for “qualified business income” generated by pass-through entities such as LLCs, partnerships and S-corporations. The IRS published proposed regulations to provide clarity to the law and NAHB breaks down what it means.

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