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Qualified Opportunity Zones: An Exciting Opportunity to Defer Current Gains and Generate Tax-Free Growth
- Posted By: Scott Shimick
- Category: Trusts and Estates Public and Private Finance Federal and State Taxation
As part of the 2017 Tax Cuts and Jobs Act (the “TCJA”), Congress added Sections 1400Z-1 and 1400Z-2 to the Internal Revenue Code, creating the Qualified Opportunity Zone tax benefits. Owing in part to confusion over the provisions, the Qualified Opportunity Zone tax benefits have not been as widely publicized and discussed as most of the other provisions of the TCJA. However, the IRS has recently issued proposed regulations and a Revenue Ruling that have brought clarity [...]
Read More ›Whiteman Osterman & Hanna Partner Named 'Lawyer of the Year' for the Capital Region
- Category: Firm News Trusts and Estates
Robert S. Reynolds, a partner at Whiteman Osterman & Hanna LLP, the Capital Region’s largest law firm, has been selected by a nationwide peer review as a “Lawyer of the Year” in the Capital Region in The Best Lawyers in America© for his work in the practice area of Trusts and Estates. Mr. Reynolds joins his Whiteman Osterman & Hanna colleagues rated as Best Lawyers in America, including: Leslie M. Apple in the practice area of corporate law; James B. Ayers in [...]
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FOR OUR FAMILY BASED/ASYLUM CLIENTS: Join us for a 1-hour virtual brown bag lunch session to discuss potential changes to DACA, TPS, asylum policies, and the increased difficulty in adjudicating various visa applications under the upcoming Trump administration.
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