Qualified Opportunity Zones (QOZs) were created under the Tax Cuts and Jobs Act of 2017 to spur economic development and job creation. These were created to provide tax benefits to investors who invest eligible capital into distressed communities throughout the U.S. and its possessions. This article provides five facts to help those considering this type of investment. 

https://www.sharrardmcgee.com/newsletter.php#6

Your tax advisor at Sharrard, McGee & Co., PA can help you determine if investing in QOZs is a good opportunity based on your personal situation. Call us at (336) 884-0410 in High Point or at (336) 272-9777 in Greensboro.