eVTOL Vehicles Create New Possibilities in Aviation Following years of innovation in aviation, battery, and computing technologies, a new mode of transportation has emerged: the electric vertical takeoff and landing vehicle, or “eVTOL vehicle.” These striking machines...
Content By Jon J. Pinney
President Biden Signs Cryptocurrency Executive Order
On Wednesday, March 9, 2022, President Biden signed an Executive Order “Ensuring Responsible Development of Digital Assets” (the “Order”). This widely anticipated Order came as a pleasant surprise for both proponents and opponents of cryptocurrencies alike. For fans...
The Impact of the Infrastructure Investment and Jobs Act
On Nov. 15, 2021, President Biden signed into law the massive $1.2 trillion bipartisan Infrastructure Investment and Jobs Act (the “Infrastructure Law”). Touted as the single largest investment in American infrastructure in over a generation, the Infrastructure Law’s...
Ohio Senate Bill 225 Doubling Historic & Opportunity Zone Incentives Heads to House
Ohio historic preservation and economic development projects may soon receive a large temporary boost from the Ohio General Assembly. Recently passed by the Ohio Senate and now under consideration in the Ohio House, Ohio Senate Bill 225 would double both the Ohio...
New Crypto Reporting Requirements Aim to Address Tax Gap
As cryptocurrencies such as Bitcoin rise in popularity, government regulators repeatedly try, and often fail, to control its use as a tax shelter. Agencies such as the IRS struggle with determining the best way to tax cryptocurrency holdings and transactions, and...
The Rise of the Virtual Real Estate Market
As companies like Meta (formerly Facebook), Google, HTC and others make significant strides in the field of virtual reality (VR), science fiction is becoming a little less fiction. The types of virtual experiences popularized by blockbusters including Tron, The Matrix...
Opportunity Zones: Take Advantage of Tax Relief
If you’ve incurred capital gains in 2021, you should be taking a hard look at whether to invest those gains in an Opportunity Zone Fund. With tax reform and a potential increase in the capital gains tax looming, the Opportunity Zone program may offer potential relief...
Potential Changes to Conservation Easement Tax Incentives
Changes are potentially coming to the popular tax deduction for conservation easements with the introduction of The Charitable Conservation Easement Program Integrity Act (“Act”) by Congress by Rep. Mike Thompson (D-CA) and Sens. Steve Daines (R-MT) and Debbie...
Ohio Allocates $500M to New Programs Focused on Real Estate Development
Gov. Mike DeWine signed into law the budget bill which establishes the Ohio’s state budget for the next two years (July 1, 2021-June 20, 2023). The budget creates several new programs and modifies existing programs that could provide significant financial support to...
House Bill 110: Ohio Legislature Passes $74M State Budget
On Monday evening, the Ohio legislature passed House Bill 110 with bipartisan support. The bill makes appropriations for the state fiscal year beginning on July 1, 2021 and ending on June 30, 2023. The two-year, $74 billion state budget includes provisions to support...