The IRS has unveiled proposed rules for the new Opportunity Zone program which encourages investment into low-income communities.
Tag Archive: Capital Gains
During the course of the past few days, President Barack Obama has outlined his tax proposal that calls for giving an estimated $175 billion in tax breaks to middle-class taxpayers and would make community college free for two years.
The House is expected to vote Thursday on the Republican proposal to extend for one year all expiring Bush-era tax cuts and provide a timeline and expedited procedure for moving comprehensive tax reform legislation through Congress in 2013.
Senate Democrats have unveiled a plan that would allow for a one-year extension of the Bush tax cuts for those...