Opportunity Zones vs Qualified Small Business Stock: Which is right approach to revitalize Cumberland County NJ?

Posted 1 CommentPosted in Financing, Investment, Small Business, tax shelter

This blog post is meant as an introductory primer for community planners and local small business owners. Investors are encouraged to seek their own professional counsel. The Cumberland County Improvement Authority has a program planned for bankers and Realtors on May 3 that will discuss the local Opportunity Zones. Following the passage of the federal […]

Abusive tax shelter still alive for the ultra-rich

Posted Leave a commentPosted in IRS, Tax Planning, tax shelter

This past week an interesting Appeals decision from a Tax Court case in the 9th Circuit was published in an older tax matter of Altera Corporation and Subsidiaries vs. IRS. I must immediately qualify the use of the word “interesting”. By any common usage this is not an interesting topic. This is a tax shelter […]