Treasury Issues Second Tranche of Regulations | Opportunity Zone Guidance

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The Treasury released a second Opportunity Zone guidance that greatly clarifies how investors should proceed with opportunity zone investments.  The guidance has removed a number of key uncertainties that had, until now, stalled many opportunity zone projects. Note that the regulations remain proposed and the Treasury has invited and received additional comments concerning the proposed […]

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IRS Form 8949 | Instructions For Form 8949

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The IRS released Form 8949 and Instructions for Form 8949 for taxpayers to report the sale or exchange of capital assets and the election to defer the capital gain, in whole or in part, under the Opportunity Zone program. Form 8949 provides taxpayers with a clearer understanding of the proposed Opportunity Zone regulations and how […]

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Overview of IRS Guidance | October 19, 2018

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Here’s the overview published by the Treasury, IRS of the proposed regulations on the new Opportunity Zone tax incentives. After you read the overview be sure to read the proposed regulations. R-2018-206, October 19, 2018 WASHINGTON —The Treasury Department and the Internal Revenue Service today issued proposed regulations and other published guidance for the new […]

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IRS Announces Feb. 14 Hearing on Proposed Opportunity Zone Regulations | OZColorado.com

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The Internal Revenue Service (IRS) published a notice announcing a February 14 public hearing on Opportunity Zone regulations. The public hearing will consider comments received and will address the proposed Opportunity Zone Guidance released in October 2018. This is the next step in receiving guidance from the IRS as to the proposed treatment of capital […]

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