News

How can you form your own Opportunity Zone fund? What are the most important considerations when structuring your entity, and what are some best practices for regulatory compliance? Opportunity Zones Podcast host Jimmy Atkinson and OZ Consultants CEO Ashley Tison...
The mission of the Economic Innovation Group (EIG) is to advance solutions that empower entrepreneurs and investors to forge a more dynamic economy throughout America. This bipartisan public policy organization that combines innovative research and data-driven advocacy to address America’s...
The IRS released a draft version of new Form 8997, Initial and Annual Statement of Qualified Opportunity Fund (“QOF”) Investments in September 2019. The brand new form creates a reporting requirement for taxpayers to track their QOF investments. This includes...
Listen to the most recent interview of founder Ashley Tison with Jimmy Atkinson on OpportunityDB Podcast.  The Podcast introduces our first fund launch this month (we went live 6/15).   It described Ashley’s start into Opportunity Zone Investing and talks about...
With the second round of guidance published, investments in distressed communities should expand. The Economic Innovation Group has written an excellent article detailing the updates. Click here to read it....
There is so much information on Opportunity Zones available on the internet. We have compiled a few of our favorite videos for your education. Please click the below links to learn more. MEDIA CNBC https://www.cnbc.com/2018/10/19/investors-can-get-tax-breaks-for-investing-in-opportunity-zones-treasury.html https://www.cnbc.com/video/2018/12/12/who-gets-the-tax-benefits-of-opportunity-zones.html https://www.cnbc.com/video/2018/10/19/capitol-investment-ceo-opportunity-zone-investments-could-transform-low-income-communities.html   Bloomberg https://www.youtube.com/watch?v=byJerC7lnfQ...
The Internal Revenue Service sought feedback in creating the regulations at a five-hour hearing on Thursday, February 14. More than two dozen stakeholders highlighted concerns they have with the rules of the program and offered suggestions for how they can...
Seven U.S. senators and nine members of the House of Representatives–all original co-sponsors of the Investing in Opportunity Act, the forerunner of the opportunity zones (OZ) incentive–sent a letter January 22, 2019 to Treasury Secretary Steven Mnuchin, calling for further...
Sometimes you come across an article/website on the internet and the depth of information is impressive. The Tax Foundation is the nation’s leading independent tax policy nonprofit. For over 80 years, their goal has remained the same: to improve lives through tax...
President Donald Trump The resources of the whole federal government will be leveraged to rebuild low-income and impoverished neighborhoods that have been ignored by Washington in years past. Our goal is to ensure that America’s great new prosperity is broadly...
Trump Signs Executive Order to Create Oz Council President Trump’s newly created Opportunity and Revitalization Council was established December 12 to find ways to better use public funds to revitalize urban and economically distressed communities. Chaired by Ben Carson, Secretary...
Opportunity Zones are “all the rage” in the investment community, with good reason. Coupling the ability to impact low income communities with tax benefits makes this a very attractive option for investors. Opportunity Zone Consultants is in the final stages...