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The American Rescue Plan Act of 2021: State & Local Funding

Following widespread calls for greater federal action to provide financial relief to struggling governments across the United States, President Biden and Congress delivered respite to America’s state and local governments by...more

IRS Issues Proposed Regulations and Guidance on Opportunity Zones

On October 19, the IRS and Treasury Department issued long-awaited proposed regulations, Revenue Ruling 2018-29 (the “Revenue Ruling”), and draft forms regarding the Opportunity Zone program to encourage private investment in...more

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