Congress enacted the Opportunity Zone (“OZ”) investment incentives in late 2017 as part of the Tax Cuts and Jobs Act. Since then many investors, fund managers, and community development professionals have devoted significant...more
5/31/2019
/ Business Income ,
Business Taxes ,
Compensation ,
Entrepreneurs ,
Income Taxes ,
Opportunity Zones ,
Proposed Regulation ,
Safe Harbors ,
Tangible Property ,
Tax Cuts and Jobs Act ,
Wage and Hour
After months of eager anticipation, today the Department of the Treasury released regulations defining and refining certain requirements set forth in the “Opportunity Zone” law.
While the Opportunity Zone statute provided a...more
Qualified Opportunity Zones were included as part of the Tax Cuts and Jobs Act which became law in December 2017. The zones were originally introduced as the Investing in Opportunity Act sponsored by South Carolina Senator...more
5/10/2018
/ Capital Gains ,
CDFI Fund ,
Community Development ,
Economic Development ,
Internal Revenue Code (IRC) ,
Investment Funds ,
Investors ,
IRS ,
LIHTC ,
Low-Income Issues ,
New Legislation ,
New Market Tax Credits ,
Opportunity Zones ,
Real Estate Development ,
Real Estate Investments ,
Section 1031 Exchange ,
State and Local Government ,
Tax Cuts and Jobs Act ,
Tax Deferral ,
Trump Administration
Prior to the passage of the Tax Cuts and Jobs Act (the “Act”), one of the more controversial and hotly-debated tax benefits was the so-called “carried interest,” which allowed certain fund managers and venture capital firms...more
2/8/2018
/ C-Corporation ,
Capital Assets ,
Capital Gains ,
Carried Interest ,
Fund Managers ,
Holding Periods ,
Housing Developers ,
Income Taxes ,
Land Developers ,
New Rules ,
Partnership Agreements ,
Partnership Interests ,
Pass-Through Entities ,
Profits Interests ,
Real Estate Development ,
Real Estate Professionals ,
S-Corporation ,
Tax Benefits ,
Tax Cuts and Jobs Act ,
Tax Reform ,
Trump Administration ,
Venture Capital ,
Ways and Means Committee