Epipelagic Zone – The surface layer of the ocean is known as the epipelagic zone and extends from the surface to 200 meters (656 feet). It is also known as the sunlight zone because this is where most of the visible light exists. With the light come heat. What areRead More →

St. James’s. St. Pancras. Euston. Barbican. Waterloo. Borough. City of London. Clerkenwell. Where does the London congestion charge start? The Congestion Charge Zone covers most of central London including the City of Westminster, the City of London and parts of the London Boroughs of Camden, Lambeth and Southwark. Where isRead More →

It is the deadline for investing gains made during 2020. December 31, 2021 — Second of two annual asset tests for Qualified Opportunity Zone Businesses and QOZF. This is also the last date that investors can contribute capital into a QOZF and receive a 10 percent step-up in basis. AreRead More →

Subduction zones occur all around the edge of the Pacific Ocean, offshore of Washington, Canada, Alaska, Russia, Japan and Indonesia. Called the “Ring of Fire,” these subduction zones are responsible for the world’s biggest earthquakes, the most terrible tsunamis and some of the worst volcanic eruptions. Why do subduction zonesRead More →

Opportunity Zones were created under the Tax Cuts and Jobs Act of 2017 (Public Law No. 115-97). Thousands of low-income communities in all 50 states, the District of Columbia and five U.S. territories are designated as Qualified Opportunity Zones. Taxpayers can invest in these zones through Qualified Opportunity Funds. HowRead More →

But perhaps more importantly, it’s a very key date in the opportunity zone statute because December 31, 2021, is effectively the last date to place money into a qualified opportunity fund as an investor and be eligible for the 10% step up in basis, which essentially grants that taxpayer aRead More →