IRS offers reprieve on New Markets Tax Credit transactions delayed by coronavirus

The Internal Revenue Service and the Treasury Department gave tax relief to businesses and investors who were engaged in New Markets Tax Credit transactions but couldn’t get them done in time due to the COVID-19 pandemic.

Original Article Posted at : https://www.accountingtoday.com/news/irs-offers-reprieve-on-new-markets-tax-credit-transactions-delayed-by-coronavirus