Opportunity Zones hearing canceled amid IRS shutdown; Dan Gauthier, Rose Law Group transactional attorney handling many Opportunity Zones, comments

Incentive has drawn significant attention since tax reform; Majority of agency employees remain furloughed An IRS hearing on the highly anticipated opportunity zones tax break has been postponed indefinitely, dealing a blow to investors seeking answers on how to cash in on the new incentive. The IRS announced (REG-115420-18) on Jan. 7 that the public hearing, originally scheduled for Jan. …

Opportunity Zones to Watch; ‘great catalyst for investment,’ says Jordan Rose, Rose Law Group founder and president

  By Conor Donohue | CaliberCo With the recent buzz surrounding the “Opportunity Zones” section of the Tax Cuts and Jobs Act of 2017 reports have flooded in highlighting the tax advantages and intricacies of how the program works. While it is no secret that this is one of the greatest capital gains tax reduction programs of a generation, less …

An unlikely group of billionaires and politicians has created the most unbelievable tax break ever; O-zones ‘a bright light,’ says Rose Law Group founder and president Jordan Rose

By Steve Bertoni | Forbes Success Street in North Charleston, South Carolina, might be the most misnamed place in America, a path through a weedy, desolate neighborhood with 20% unemployment and a 40% poverty rate. Its biggest claim to fame strolls past the gritty brick apartment buildings and tumbledown bungalows on a muggy morning in late June: Timothy Scott, a …

New ‘opportunity zones’ aim at low-income area uplift; all areas hold great promise for attracting investment, says Rose Law Group Founder and President, Jordan Rose

By Wayne Schutsky | East Valley Tribune IRS approval of 18 “opportunity zones” in the East Valley earlier this month are designed to promote economic development in low-income areas. The IRS awarded the designation to census tracts with indicators of poverty and income levels below the area median. Under the law, a census tract must have a population where at …

Arizona Opportunity Zones approved, poised for investment

By Jordan Rose and Dan Gauthier, Rose Law Group Jordan can be reached directly at jrose@roselawgroup.com or 480-505-3939 Included in the Tax Cuts and Jobs Act passed in December 2017 was a seldom-discussed section purporting to spur investment through tax incentives in low-income communities across the United States. Under this section, governors may nominate qualifying census tracts in their respective …

Rose Law Group Founder and President Jordan Rose on: Gov. Ducey to select 168 areas to become economic ‘opportunity zones

By Howard Fischer, Capitol Media Services | Tucson.com A select group of census tracts around Arizona is going to get what could be a crucial economic boost later this month. A provision buried deep in the new federal tax law allows governors to designate some areas as eligible to become “opportunity zones.” What’s significant is those that end up on …