“Our opportunity zones conference is a great way to get in on the ground floor of a new incentive and learn how this community development tool can drive investment into underserved communities,” - John Sciarretti, CPA
NEW ORLEANS (PRWEB) September 05, 2018
The tax reform legislation enacted in 2017 created a new incentive to drive private investment to distressed communities: opportunity zones. The incentive allows investors to defer for up to nine years paying tax on gains if those gains are invested in qualified opportunity funds. The incentive is designed to unlock private investor capital to fund businesses in underserved communities. Experts will outline the new community development tool, discuss investment strategies and provide the chance to network with other participants at the Novogradac 2018 Opportunity Zones Conference at the Roosevelt New Orleans in New Orleans, Oct. 2-3.
“Our opportunity zones conference is a great way to get in on the ground floor of a new incentive and learn how this community development tool can drive investment into underserved communities,” said John Sciarretti, CPA, conference chairman and partner at Novogradac & Company LLP’s Dover, Ohio, office. “There’s also no better place to make connections with opportunity zones participants.”
Daniel Kowalski, counselor to the U.S. Treasury Secretary, will deliver a keynote address on what’s ahead for the opportunity zones tool. Panel topics include opportunity zones basics, qualified opportunity zone businesses and combining opportunity zones with tax credits. Conference details and the complete conference agenda can be found at http://www.novoco.com/events/novogradac-2018-opportunity-zones-conference.
Novogradac 2018 Opportunity Zones Conference is co-hosted by The Kresge Foundation, LISC, Manatt Phelps & Phillips LLP, Nixon Peabody, The Strategic Group of Companies, Stinson Leonard Street, Sixty-West, Virtua Capital Management and OZ Impact Fund. Sponsors include National Trust Community Investment Corporation, Fishman Haygood, Morris Manning & Martin LLP, Snell & Wilmer, Husch Blackwell, DV Financial Services LLC, Polsinelli, Sullivan & Worcester LLP, Holland & Knight, Dentons, Blank Rome, Squire Patton Boggs, Coats Rose, Boston Financial Investment Management LP and Sebastian Partners LLC. Exhibitors include Applegate & Thorn-Thomsen, NES Financial and Butler Snow LLP.
About Novogradac & Company
Novogradac began operations in 1989 and has grown to more than 600 employees and partners with offices in 27 cities. Tax, audit and consulting specialty practice areas for Novogradac include affordable housing, community development, historic rehabilitation and renewable energy. The firm recently launched a new practice focused on the opportunity zones incentive.