By Kaitlin Corkran & Stephanie Mercado On April 17, 2019, the IRS released the second round of proposed regulations for the Opportunity Zone tax incentive program (the OZ Program). This highly anticipated release built on the guidance issued in October 2018 and...
Economic Development
$19.2B in New and Existing Ohio Tax Credits and Exemptions Announced
By Stephanie Mercado The Ohio Department of Taxation recently released a report outlining 134 tax credits, deductions and exemptions available to Ohio taxpayers. Of note, Ohio’s Job Creation Tax Credit now covers work-from-home employees. The Tax Expenditure Report...
The Regulations Are Coming: What Happens Next in the Game of Zones?
This Sunday night, millions of fans (including myself) will tune in to watch the much-anticipated premiere of the 8th and final season of the worldwide television phenomenon Game of Thrones on HBO. Fans of the show have had to wait almost two years since the finale of...
Is Cash Still King? The Impact of the Tax Cuts and Jobs Act on the Corporate Taxation of Incentives
Over the past few weeks, I have received several calls from accountants knee-deep in corporate tax returns. All of the inquiries are the same: “Where can I find a master development plan approved prior to Dec. 22, 2017?” These inquiries are all related to changes in...