Steven Meier quoted in Law360 Tax Authority

Steven Meier was quoted in a May 19 story from Law360 Tax Authority, “IRS Regs Let Opportunity Zone Businesses Pivot Due To Virus.” Meier said now that April's proposed rules explicitly allow up to 24 extra months to delay deploying cash in addition to the current 31-month working capital safe harbor, a previous hole in regulatory guidance has been closed; this extra time, plus the additional regulatory blessing to directly permit businesses to alter their written plans, will allow opportunity zone funds to react appropriately to any unexpected planning issues that resulted from the pandemic. You can read the full article here.