Ask A Question

What has IRS done to provide additional relief for QOZBs, QOFs and investors due to the COVID-19 pandemic?

Are there any newly issued guidelines that can help me?


Answers
  • Matthew Rappaport
    March 08, 2021

    Yes.For the latest, refer to IRS Notice 2021-10, which is as generous as its predecessor, IRS Notice 2020-39.

  • Maria De Los Angeles Rivera
    March 11, 2021

    The IRS has issued a couple of notices (2020-39 and 2021-10) to provide relief to those needing to meet the different statutory deadlines within the OZ incentives.

  • DISCLAIMER: 

    the information found on this website is intended to be general information; it is not legal or financial advice. Specific legal or financial advice can only be given by a licensed professional with full knowledge of all the facts and circumstances of your particular situation. You should seek consultation with legal and financial experts prior to participating in any aspect relating to Opportunity Zones. Posting a question on this website does not create an attorney-client relationship. All questions you post will be available to the public; do not include confidential information in your question.