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SEE OUR CUSTOMER REVIEWSThe Treasury Department’s deputy inspector has opened an investigation into the Opportunity Zone program. Let’s take a look. What is the Opportunity Zone Program? Before we dive into the Opportunity Zone investigation, let’s quickly recap the program. As part of the 2017 tax overhaul, lawmakers added a tax deferment option known as the Opportunity Zone […]
The United States Treasury Department updated the Opportunity Zone program. The new parameters make it easier for investors to participate. What is the Opportunity Zone Program? Politicians developed the Opportunity Zone program in 2017. Conceived as a win-win proposition, the “OZ” program funnels investment capital into economically distressed areas while providing a legal tax shelter […]
Investors love the new Opportunity Zone (OZ) program, which allows for the diversion of capital gains into developing communities in exchange for significant tax breaks. But confusion about project qualification parameters lingers. For example: Can you invest in cannabis-related Opportunity Zone projects? Are they even allowed? It’s not an easy question to answer since state […]
What do you get when two senators — one each from the left and right — and a fabled tech billionaire put their heads together? Answer: a federal tax-reduction initiative called the Investing in Opportunity Act, which could go a long way in improving underdeveloped areas, while also providing an incredible tax break for cryptocurrency […]
Gordon Law Group in the Media For press inquiries, please reach out to [email protected]. Tax attorney Andrew Gordon answers the most common crypto tax questions Law of Code podcast | March 2023 McAfee Part 6: The Demise Foundering Podcast (Bloomberg) | March 2023 The IRS Wants to Tax NFTs as Physical Collectibles, Not Financial Assets […]
Tax Lawyers in Chicago, IL Eliminate Your Stress with the Help of an Experienced Tax Attorney! Stressed over taxes? Our experienced tax lawyers are here to relieve the tension, handle the situation, and minimize your tax burden. If the IRS is breathing down your neck, we’ll build you a strong defense and be a staunch […]
Tax Planning Services in Chicago, IL | Gordon Law Group Simplify Your Taxes with Proactive Tax Planning! Are you tired of feeling overwhelmed and uncertain about your tax situation? Want to increase your tax savings? Our Chicago-based tax planning services can help. Gordon Law Group can help you make informed decisions about your taxes, reduce […]
It’s time to get your Illinois startup off the ground. So let’s look at five legal considerations with which you need to familiarize yourself. Formal Business Registration Makes a Big Difference A lot of startups don’t register their companies, and it’s a mistake. Formal registration, like forming an LLC with your state, affords you certain […]
Have you heard about the new way to eliminate capital gains taxes while helping under-served communities revitalize? It’s called the Qualified Opportunity Zone (OZ) program. What is the Opportunity Zone Program? Policy makers conceived of the OZ program as a win-win proposition that would give individuals and businesses a way to reduce tax burdens while […]
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