Both 1031-exchanges and Opportunity Zone investments have deadlines that must be met – but the IRS extended those deadlines if they occur before July 15, 2020. WASHINGTON (April 10, 2020) – The Internal Revenue Service (IRS) has given real estate investors a break if an Opportunity Zone investment or 1031 like-kind exchange deadline already underway [...]
TALLAHASSEE, Fla. (March 26) - On Monday, March 16, 2020, Governor Ron DeSantis directed the Department of Revenue to provide flexibility on tax due dates to assist those adversely affected by COVID-19. Today, Department of Revenue Executive Director Jim Zingale issued an emergency order to extend the final due date for property tax payments for [...]
WASHINGTON (AP) (March 17, 2020) – The Trump administration says individuals and businesses will be allowed to delay paying their 2019 tax bills for 90 days past the usual April 15 deadline. The extension announced Tuesday is an effort to inject up to $300 billion into the economy at a time when the coronavirus appears [...]