IRS cancels Opportunity Zones hearing amid gov shutdown

The IRS has cancelled a key hearing on opportunity zones amid the ongoing government shutdown. The hearing was originally scheduled for Jan. 10 and would focus on tax breaks and proposed regulations under the new program, according to Bloomberg. The agency plans to announce a new date for the hearing after funding is restored to the Treasury Department. The IRS received almost 150 comments ahead of the hearing. It was seeking feedback on how to […]

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