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IRS and Treasury Department Release Opportunity Zones Guidance

On October 19, 2018, the United States Department of Treasury (“Treasury”) released long-awaited pieces of guidance on the Opportunity Zones (“OZ”) program. The OZ program, which aims to incentivize investment in designated...more

Opportunity Zones Program: Helping Clients Understand New Tax Incentives Program for Long-Term Investments in...

The Tax Cuts and Jobs Act added the Opportunity Zones concept as Section 1400Z to the Internal Revenue Code, which is designed to incentivize private investment in low income areas. That section of the Code allows the...more

Texas General Land Office Releases Hurricane Harvey State Action Plan

On April 10, the Texas General Land Office (“GLO”) released a draft of the State of Texas Plan for Disaster Recovery: Hurricane Harvey – Round 1 (the “State Action Plan”). The State Action Plan outlines the GLO’s proposed use...more

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