James C. Seiffert

Since the enactment of the Opportunity Zone program over a year ago, the focus has been on gaining a better understanding of the workings of the program and its various applications. While the education curve has been demanding, it has not deterred taxpayers from taking advantage of the program.

Join Stites & Harbison to learn the basics of the NMTC program and more.

In anticipation of the announcement of the $3.5 billion of New Markets Tax Credits (NMTC) allocation awards by the U.S. Department of the Treasury's Community Development Financial Institutions Fund next month, Stites & Harbison will conduct its fifth annual New Markets Tax Credits Workshop on Wednesday, February 13th.

LOUISVILLE, Ky.—The 2019 edition of Kentucky Super Lawyers recently honored 42 Stites & Harbison, PLLC attorneys in the Covington, Frankfort, Lexington and Louisville, Ky., offices. The publication named 33 attorneys to the Super Lawyers list and nine attorneys to the Rising Stars list.

Please join the Stites & Harbison Opportunity Zone team for a discussion on how the newly issued IRS proposed regulations provide clear and practical guidance on the scope and application of the Opportunity Zone program.

On October 19, 2018, the U.S. Department of Treasury and the Internal Revenue Service released the first set of the proposed regulations (the “Proposed Regulations”), along with Rev. Rul. 2018-29 and an updated Internal Revenue Service (“IRS”) Frequently Asked Questions, which provide guidance on exactly how the Opportunity Zone program is intended to work.

The Tax Cuts and Jobs Act, Pub. L. 115-97 (the “Act”), signed into law on December 22, 2017, introduced the Opportunity Zone program (Internal Revenue Code §1400Z-1 and §1400Z-2) which provides a new federal framework for stimulating private investment in economically distressed areas across the country.

On March 22, 2017, Governor Matt Bevin signed into law the Kentucky Charter School bills which empower local Kentucky school boards with the rights and responsibilities of creating and operating charter schools.

LOUISVILLE, Ky.—The 2018 edition of Kentucky Super Lawyers recently honored 55 Stites & Harbison, PLLC attorneys in the Covington, Frankfort, Lexington and Louisville, Ky., offices. The publication named 39 attorneys to the Super Lawyers list and 12 attorneys to the Rising Stars list.

LOUISVILLE, Ky.—Chambers USA selected 22 Stites & Harbison, PLLC attorneys in Kentucky and Tennessee for inclusion in their 2017 guide. The Chambers USA guide ranks the top law firms and leading attorneys in the United States.

An Introduction to the New Markets Tax Credit Program.

Seminar presented by James C. Seiffert, Member at Stites & Harbison, Adel Elmankabady, Principal at Georgia Center for Foreign Investment on Development, and Nirupama Kulkami, Indus Law Firm, Immigration and International Business at the HUB Atlanta.