Illustration of Qualified Opportunity Zones under IRS Notice 2026-40 — a city skyline on a map pin with a 2026 calendar marking the deferred-gain inclusion deadline
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QOZ Update: IRS Notice 2026-40 and the Dec 31, 2026 Deadline

BySW Accounting admin

Are the Opportunity Zone rules changing? Yes. In IRS Notice 2026-40, the Treasury Department and the IRS announced that they intend to issue proposed regulations on Qualified Opportunity Zones under Internal Revenue Code §§ 1400Z-1 and 1400Z-2, as amended by the One, Big, Beautiful Bill Act (OBBBA). The notice provides transitional guidance for investments made…

A vibrant, optimistic image showing a revitalized small-town main street. A newly renovated historic brick building with a 'Now Open' sign is in the foreground, with green trees and a bright blue sky, symbolizing economic growth and community renewal in a rural area.

OBBBA Unlocks Rural Opportunity Zone Investing with New 50% Improvement Rule

BySW Accounting admin

  Investing in Rural Opportunity Zones just got easier, but how? This guide breaks down the new OBBBA rule change that cuts the investment requirement in half for rural area projects, potentially unlocking massive tax benefits for savvy investors. Have you ever looked at an investment opportunity in a developing area and thought, “This has…