Monday, March 30, 2020

11.) Tax Reform

President Trump’s historic tax cut legislation included new Opportunity Zone Incentives to encourage investment in communities hardest hit by the recession.

Eight thousand seven hundred sixty-four communities across the country have been designated as Opportunity Zones.

As a result of the Republican tax bill, small businesses will have the lowest top marginal tax rate in more than 80 years, having an undeniably positive effect on businesses.  

 

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