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What Are Opportunity Zones? Opportunity Zones can deliver significant tax savings on medium- to long-term investments in economically disadvantaged communities. This new tax incentive pertains to both the capital gains invested initially through a qualified opportunity fund, as well as capital gains earned for the investor from businesses or projects in a zone.

5 Facts About the Opportunity Zone Tax [PLUS] How to Qualify

Providing tax benefits to investors who invest eligible capital into distressed communities throughout the U.S. and its possessions, Qualified Opportunity Zones (QOZs) were created under the Tax Cuts and Jobs Act of 2017 to spur economic development and job creation. If you’re considering investing in a QOZ, read on to learn the facts you need to know about this tax incentive.

banking reconciliations in quickbooks desktop can be undone, as long as it finds previous reconciles having been completed. If not, then it will flag there weren't any previous reconciliations to be found. As always make a backup of your quickbooks company file before doing any reconciliation or unreconciliation.

How to undo a previous reconcile in QuickBooks Desktop (unreconcile)

Sometimes you’ll find that your balance in QuickBooks does not match your bank statement after a monthly reconciliation (you are doing your reconciliations monthly, right?) and that you need to undo your previous reconciliation to get to the bottom of things. Prior to undoing a reconcile, we recommend a backup AND printing out your previous reconciliation reports, just in case you need them for historical data. To print these reports, we want to open Banking>Reconcile>locate discrepancies>previous reports. We suggest printing out the detailed and the summary, as you might need both.

Top [7] QuickBooks Add-ons and Apps You Need to Try in 2019

There are plenty of QuickBooks apps to choose from to provide automation to the many tasks done manually in QuickBooks Desktop or QuickBooks Online. The depth of QuickBooks app integration can inevitably overwhelm – while you look for QuickBooks add ons & extensions to fill specific gaps encountered in recording transactions.  Each business will have specific operational needs, requiring specific apps. While acknowledging this, here are apps providing immediate impact for ANY business in 2019.

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