09 Jun Coronavirus – Related Tax Relief for Qualified Opportunity Funds and Investors
The IRS has provided tax relief to Qualified Opportunity Funds (QOFs) and their investors in response to the ongoing COVID-19 pandemic. Specifically, if a taxpayer's 180th day to invest in a QOF would have fallen on or after 4/1/20 and before 12/31/20, the taxpayer now...