This final alert in our four-part series on coronavirus stimulus legislation covers the various other significant stimulus proposals focused on businesses contained in the Democrat’s Health and Economic Recovery Omnibus...more
9/9/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Employee Retention ,
Financial Stimulus ,
Meal and Entertainment Expenditures ,
Paycheck Protection Program (PPP) ,
Relief Measures ,
Semiconductors ,
Tax Credits ,
Work Opportunity Tax Credit
Last week at the United States Conference of Mayors, Senator Tim Scott (R – S.C.) announced that he was considering a bill to let state and local governments amend the census tracts they chose to designate as part of the...more
When it comes to deferring capital gains and other valuable tax benefits, investors are finding there’s no place like home—provided home is near one of the 8,700 Opportunity Zones (OZs) certified by the Treasury nationwide....more
On April 17th, 2019, the U.S. Treasury Department (the “Treasury”) and the IRS issued a second set of long-awaited proposed regulations relating to Opportunity Zone (“OZ”) tax incentives. The OZ program was established by...more
4/30/2019
/ Capital Gains ,
Investment Funds ,
Investors ,
IRS ,
Opportunity Zones ,
Proposed Regulation ,
Public Comment ,
Qualified Opportunity Funds ,
Real Estate Investments ,
Safe Harbors ,
Tax Cuts and Jobs Act ,
U.S. Treasury
The Federal tax reform bill passed at the end of 2017 made voluminous changes to the Federal tax code, but one relatively small section has potentially drawn more attention than any other, attracting the likes of real estate...more
On October 19, 2018, the Department of Treasury (Treasury) and the Internal Revenue Service (IRS) released the highly anticipated regulatory guidance (Guidance) concerning the Opportunity Zone tax incentives (OZ Incentives)...more
11/6/2018
/ Capital Gains ,
Community Development ,
Economic Development ,
IRS ,
Opportunity Zones ,
Partnerships ,
Proposed Regulation ,
Real Estate Development ,
Self-Certification ,
Tax Cuts and Jobs Act ,
U.S. Treasury
On October 19, 2018, the U.S. Treasury Department (“Treasury”) and the Internal Revenue Service issued proposed regulations for the new Opportunity Zone tax incentive. Opportunity Zones are a powerful new economic development...more
11/5/2018
/ Capital Gains ,
Community Development ,
Economic Development ,
FIFO ,
IRS ,
Opportunity Zones ,
Partnerships ,
Proposed Regulation ,
State and Local Government ,
Tax Cuts and Jobs Act ,
Tax Incentives ,
U.S. Treasury
Agreeing to arbitrate disputes, in lieu of traditional litigation, is not a new phenomenon. As consumers, we all contractually agree to arbitrate disputes on an almost daily basis. While not everyone may read the entire...more
9/9/2016
/ Appeals ,
Arbitration ,
Arbitration Agreements ,
Class Action ,
Commerce Clause ,
Construction Defects ,
Contract Interpretation ,
Dell Webb ,
Federal Arbitration Act ,
Interstate Commerce ,
Popular ,
Preemption
Last week, President Obama signed H.R. 1314, the Bipartisan Budget Act of 2015 (the “Legislation”), which dramatically changes the manner in which partnerships (and LLC’s taxed as partnerships) are audited and taxed by the...more