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Big, Beautiful Changes to the Qualified Opportunity Zone Program

As anticipated, President Trump’s One Big Beautiful Bill Act (the “OBBBA”), which was signed into law on July 4, 2025, significantly amends Sections 1400Z-1 and 1400Z-2 of the Internal Revenue Code of 1986, as amended (the...more

[Event] Winter Tax Forum 2024 - January 31st, Richmond, VA

Join Williams Mullen partners for our in-person Winter Tax Forum on Wednesday, January 31, 2024. Our speakers, Farhad Aghdami, Jenny Connors, Conrad Garcia and Beth Hungate-Noland will present on partnership aggregators and...more

IRS Releases Finalized Regulations Regarding Taxation of Carried Interest

The U.S. Department of Treasury and the Internal Revenue Service recently issued final regulations (“the Final Regulations”) regarding certain aspects of so-called carried interest under Section 1061 of the Internal Revenue...more

[Event] Venturing Into the Land of OZ – An Opportunity Zone Conference - May 16th, Virginia Beach, VA

On May 16, 2019, Jenny Connors will discuss opportunity zones at a Cherry Bekaert event at the Museum of Contemporary Art in Virginia Beach. Jenny will be joined by Cherry Bekaert partners Wesley Hudson and Ron Wainwright,...more

The Second Tranche of Opportunity Zone Regulations: Answers to “Substantially All” of Our Lingering Questions

On April 17, 2019, the U.S. Department of Treasury and the Internal Revenue Service released their highly anticipated second tranche of qualified opportunity zone (“OZ”) proposed regulations. This second set of proposed...more

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