…in designated low-income communities. The Opportunity Zone incentives are an attractive tax benefit available to real estate investors and developers as well as investors and proprietors of operating businesses, and…
…appear to place additional emphasis on sophisticated investors versus the retail investor while increasing visibility into certain private fund practices. The rules also appear to prohibit activity that may be…
…Virginia has also employed the Enterprise Zone grant program to reward investors that rehabilitate existing structures located within struggling development areas. Structuring Rehabilitation Projects for Additional Tax Incentives What investors…
What investment advisors need to know about Custody Rule compliance The Security and Exchange Commission’s (“SEC”) mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital…
…caused numerous entities that generated losses and had 35 percent or more of its ownership held by passive investors to get tagged by the limitations on interest as well. No…
…practices that are contrary to the public interest and the protection of investors unless they provide certain disclosures to investors, and in some cases, receive investor consent; and Prohibit providing…
Overview and tax considerations of continuation fund transactions Continuation funds have emerged as powerful tools for investment fund sponsors, limited partners, and new investors offering a range of benefits and…
Update on Virginia tax credits and deductions for startup investors There are several tax benefits from investing in Virginia startup businesses, including Virginia tax credits and deductions from Virginia taxable…
…for the foreseeable future. One area of focus that is becoming increasingly important for regulators is senior investor protection. Senior Investors Senior investors are a fast-growing demographic that, on the…
SEC’s rulemakings and interpretations designed to enhance the quality and transparency of retail investors’ relationships with investment advisers and broker-dealers. On June 5, 2019, the Securities and Exchange Commission adopted…
…two percent miscellaneous itemized deductions that effect the deductibility of investment expenses. While there have been limitations on investment expenses to individual investors under prior tax laws because of two…
…firms were required to provide investors with more detailed quarterly disclosures about fees and expenses and to treat all investors in a fund equally, regardless of size. Private fund managers…