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IRS Extends Previously Issued Relief to Qualified Opportunity Funds and Their Investors

The Internal Revenue Service (IRS) issued Notice 2021-10 on January 19, which extends relief to Qualified Opportunity Funds (QOFs) and their investors as a response to continued challenges brought on by the COVID-19 pandemic....more

IRS Provides COVID-19 Pandemic Relief for Qualified Opportunity Zone Investments

With the issuance of Notice 2020-39 (the Notice), the Internal Revenue Service (IRS) has provided relief for Qualified Opportunity Zone Funds (QOFs) and for investors in QOFs. While the relief provided in the Notice does not...more

IRS Treasury Issue Second Set of Proposed Rules on Qualified Opportunity Zone Funds

The Internal Revenue Service (IRS) and the US Department of the Treasury (Treasury) issued the much-anticipated second set of proposed regulations (the Proposed Regulations) on April 17 regarding Qualified Opportunity Zone...more

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