Qualified Opportunity Zones Final Regulations Issued

On December 19th, the IRS issued the long awaited final regulations on Qualified Opportunity Zones. At first glance the uncertainty in the previous draft rules were clarified in a taxpayer friendly manner. 

Please feel free to reach out to us if you have any immediate questions on how this may impact your situation.  In the new year, we look forward to clarifying how this guidance will affect our clients and their business partners who work with Opportunity Zone Funds.