On April 9, the Internal Revenue Service (IRS) issued Notice 2020-23 (the IRS Notice), which, among other things, provides certain taxpayers with additional time to invest “eligible gain” into a qualified opportunity fund...more
On Friday, Oct. 19, the Treasury Department released some much needed guidance concerning qualified opportunity zones (QOZs) under Section 1400Z of the Internal Revenue Code, which was added as part of last year’s Tax Cuts...more