Opportunity zone

Corporate attorneys

Members of the United States House of Representatives Ways and Means Oversight Subcommittee have requested that the Department of Treasury consider three new ways to help bolster the Opportunity Zone (OZ) program to aid communities in distress. In a letter, committee members urge the Treasury to consider the following changes: The implementation of a ‚Äúrigorous …

Ways and Means Oversight Subcommittee Seeks OZ Program Changes Read More »

IRS Opportunity Zone

In the January 19, 2021 IRS Notice 2021-10, the regulatory agency extended relief to Opportunity Zone Funds due to ongoing concerns stemming from the coronavirus. The announcement essentially renews the prior relief measures implemented via IRS Notice 2020-39 which expired at the end of 2020. Read more for a quick breakdown of the key benefits …

IRS Extends Opportunity Zone Fund Benefits in Light of Ongoing Pandemic Read More »