The "Tax Geek Tuesday" recommendations continue to roll in, and while some would put me at risk of alienating what few regular readers I have with the level of geekery required *cough* tax aspects of ...

We had a reader ask the following question: “I’m thinking about selling a tract of timber on land that was gifted to me 7 years ago. What can I expect the tax consequences to be? I’m a self-employed ...

In order to qualify for opportunity zone tax benefits, an investor must reinvest capital gains into a qualified opportunity zone (QOZ) eligible investment vehicle within 180 days after recognizing the ...

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When a corporation sells property, it can decrease the resulting tax burden several ways. Most business property sales can be calculated according to Section 1231, which allows a significant portion ...

The second round of regulations regarding opportunity zone (OZ) investments generated questions as to the treatment of IRC Section 1231 gains that had been invested in a qualified opportunity zone ...

The complex rules applicable to capital gains taxation essentially establish four different types of capital assets. These groups of capital assets are: (1) short-term capital assets, with no special ...