New IRS guidance provides additional relief and flexibility to Opportunity Zone investors, by RLG attorney Dan Gauthier and law clerk Peter Furlow

     Print       Email   By Rose Law Group Attorney Dan Gauthier and Rose Law Group Law Clerk Peter Furlow The opportunity zone program was enacted by Congress as part of the Tax Cuts and Jobs Act in 2017. It was designed to incentivize investment and drive economic growth in qualifying distressed communities. Congress encouraged investors by offering substantial tax benefits, such as deferral and stepped-up …

EXCLUSIVE: Forgivable PPP loans in your accounting — guidance from AICPA, by RLG attorney Omar Abdallah

By Omar Abdallah | Attorney at Rose Law Group You’ve received a forgivable loan under the Small Business Administration Paycheck Protection Program (PPP). How do you now recognize these funds in your accounting? Even though PPP loans are technically debt, many would say that the loan is essentially a government grant. Fortunately, the American Institute of Certified Public Accountants (AICPA) just issued guidance …

Mark Grado, GM of Rawhide Western Town and Events Center and the Wild Horse Pass Motorsports, issues statement of appreciation for HealthyVerify

(Disclosure: RLG represents HealthyVerify Certification.) By Mark Grado – GM of Rawhide Western Town and Events Center and the Wild Horse Pass Motorsports Rawhide Western Town and Events Center and the Wild Horse Pass Motorsports undertook an extensive and in fact, weeks long approach of analyzing our facilities and layouts and how each of the business models would need to …

How COVID can affect your contract, feat. RLG attorneys Dan Gauthier and Olen Lenets

Arizona Commerce Authority Catch Rose Law Group attorneys Dan Gauthier and Olen Lenets on Arizona Commerce Authority’s “Small Business Bootcamp” webinar tomorrow at 9am as they talk force majeure and other contractual matters that have come to the legal forefront during the pandemic crisis. This session will help you identify stipulations in your contract that would qualify COVID-19 as a force majeure clause, potentially excusing binding performance obligations. …

Don’t miss Rose Law Group’s New Economy (Virtual) Power Lunch… Friday at noon!

Don’t Miss Rose Law Group’s New Economy (Virtual) Power Lunch…this Friday at noon! Are you ready for episode 12 of our weekly power lunch? Because we have something pretty cool in store. This past Friday forum participants voted overwhelmingly in favor of having RLG’s virtual power lunch continue throughout the summer! With that in mind — and as a small tribute …

Rose Law Group’s New Economy (Virtual) Power Lunch Season 1 Episode 11

Rose Law Group hosted the eleventh episode of The New Economy (Virtual) Power Lunch today. RLG Founder and President Jordan Rose and RLG Co-Founder and Partner Court Rich engaged with another panel of local leaders who shared their insights on COVID-19’s impact on our state. This week our panel featured some of the best and brightest in the homebuilding, real estate development and local government …

Calls to action from George Floyd and COVID-19

By Mike Sunnucks | Rose Law Group Reporter The COVID-19 pandemic has disproportionately hit lower income workers, students, and households while the George Floyd protests and unrest magnify social and racial injustices. Those were two takeaways and calls for action from John Graham, a one of Arizona’s top business leaders. Graham, who is chairman and CEO of real estate development firm …

iBuying giant tweaks model to pursue listings

(Disclosure: RLG represents Offerpad.) Realtor Magazine | National Association of Realtors Offerpad, one of the nation’s largest iBuyers, is expanding its services beyond instant cash offers on homes to also give sellers an opportunity to list homes publicly. The firm announced Monday the launch of its Real Estate Solutions Center, which includes concierge services for getting homes ready to list on …

PPP Flexibility Act Passes The Senate

By Rose Law Group Partner Adam Trenk and Rose Law Group Law Clerk Christina Ribble Businesses that receive forgivable loans through the Paycheck Protection Program (PPP) would get additional time and flexibility to make use of those funds under the pending legislation. Last week, the House passed H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020 (“PFA”) in nearly unanimous fashion …