Financial Planning Tips for December 31, 2019

The end of the year is almost upon us. While the CPAs at Naden/Lean are preparing for tax season, our clients and their families can use this time to wrap up financial loose ends. Some items on this list are obvious and most taxpayers know to look out for them, like charitable contributions and maxing … Continued →

Tax Benefits of Qualified Opportunity Zones

Last month on our blog, we introduced Qualified Opportunity Zones as a newer incentive to invest in distressed communities. Introduced in the Tax Cuts and Jobs Act of 2017, Opportunity Zones give businesses and individuals substantial tax savings in exchange for locating or relocating a business or investing in property in a federally designated Opportunity … Continued →

Opportunity Zones Promote Economic Development and Tax Savings

It’s hard to believe that tax reform was passed almost two years ago, and there are still aspects of it that tax preparers and the public are just beginning to understand. One aspect of tax reform that hasn’t received much attention until recently refers to Opportunity Zones. Section 1400Z, a new addition to the tax … Continued →