Business
How Construction Businesses Can Benefit From Qualified Opportunity Zones
The QOZ program defers (and potentially eliminates) individuals’ capital gains taxes when they finance capital improvements in pre-approved, economically depressed land tracts called opportunity zones. Here's how the program can benefit contractors.
By John Blake
April 22, 2020
Topics
Business
by John Blake
John Blake, CPA, MBA, is a partner with Klatzkin, an accounting and advisory firm, where he helps guide those in the construction and real estate industries through unique business challenges and financial matters. He can be reached at jblake@klatzkin.com.
Related stories
Business
All But 4 States Had Construction Unemployment Rates Below 10% in March
By ABC
National construction unemployment rates are nothing if not consistent, holding steady at 5.4%, the same as this time last year.
Business
Construction Job Openings Decreased by 38,000 in March
By ABC
Industrywide labor hirings are visibly slowing, but so are industrywide quittings and firings.
Business
Construction Futures: April 2025 Economic Roundup
By Construction Executive
The volatility of the tariffs is having an equally volatile effect on the construction market.