Practical Web Designs + Marketing is located within a Qualified Opportunity Zone, and our service counts towards the 50-percent-of-gross-income test to maintain your Qualified Opportunity Business Zone status.

From the IRS

Q53. What is the 50-percent-of-gross-income test?

A53. Each taxable year, a QOZ business must earn at least 50 percent of its gross income from business activities within a QOZ. The regulations provide three safe harbors that a business may use to meet this test. These safe harbors take into account any of the following—

Q54. Must a QOZ business meet all three safe harbors to satisfy the 50-percent-of-gross income test?