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Writer's pictureHolly Roundtree CPA

2019 – 09/04

Many temporary tax provisions have expired since the end of 2017. Many more will expire by Dec. 31, 2019. A bipartisan U.S. Senate Finance Committee has been charged with studying the effectiveness of the provisions and identifying options for long-term solutions. In the last of six reports on these provisions, the Employment and Community Development Taskforce examined policies that were aimed at increasing participation in the workforce and expanding economic opportunity in low-income communities. Among the policies considered were the new markets tax credit; the work opportunity tax credit; the empowerment zone tax incentives and more. For the report conclusions: http://bit.ly/2jX3UO7

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