News & Insights: alan m blecher

Tax Alert: Key Issues Addressed in Final QOZ Treasury Regulations


By Michael W. Hurwitz |  Alan M. Blecher  |  January 8, 2020

The Internal Revenue Service and the Treasury Department issued Final Treasury Regulations related to investing in Qualified Opportunity Zones, addressing many of the questions that have arisen since the program's inception in the Tax Cuts and Jobs Act of 2017.

The Future of Disruption


By Alan M. Blecher |  Dean Boyer |  Michael W. Hurwitz  |  November 22, 2019

Companies today are operating in an increasingly complex environment that is more dynamic and a lot less predictable due to several business disruptors. 

IRS Issues New Proposed Regulations On Qualified Opportunity Funds


By Alan M. Blecher |  Abe Schlisselfeld |  Michael W. Hurwitz  |  May 29, 2019

On April 17, 2019, the IRS released a second round of proposed regulations regarding investments in Qualified Opportunity Funds (QOFs). While the Qualified Opportunity Zones provision has garnered the attention of the real estate industry (as well as outside investors and fund managers) since its introduction in 2017, the lack of available guidance had many waiting to act on this potentially groundbreaking tax incentive program.

Reflections on the first TCJA Tax Season


By Alan M. Blecher  |  May 29, 2019

April 15, 2019 marked the ostensible end to the first “tax season” implementing the Tax Cuts and Jobs Act of 2017 (TCJA). Alan Blecher, tax principal in our Real Estate Group, reflects on the challenges, misconceptions and unanswered questions that complicated the tax compliance process this year. 

Tax Alert: IRS Issues New Proposed Regulations on Qualified Opportunity Funds


By Alan M. Blecher |  Abe Schlisselfeld |  Michael W. Hurwitz  |  April 18, 2019

The IRS has released a second round of proposed regulations regarding investments in Qualified Opportunity Funds, addressing a number of the critical issues and providing long-awaited clarity for investors seeking to take advantage of the opportunity zone tax benefits.

Tax Alert: IRS Releases Proposed Regulations on Qualified Opportunity Funds


By Alan M. Blecher  |  October 23, 2018

The IRS has issued proposed regulations relating to the deferral of gain under Code Section 1400Z-2, for investments in qualified opportunity funds (QOFs). Enacted late last year, the QOF provisions, while enticing, left many questions unanswered.

2018 Technical Corrections to the New Partnerships Audit Rules


By Alan M. Blecher  |  July 27, 2018

In late March, the President signed legislation that includes technical corrections to the new partnership audit rules that were introduced in the Bipartisan Budget Act of 2015. 

Tax Reform Dilemma: Uncertainty Surrounds Business Interest Deduction


By Alan M. Blecher  |  January 22, 2018

Real Estate Partner Alan M. Blecher authored an article entitled “Tax Reform Dilemma: Uncertainty Surrounds Business Interest Deduction” which was featured in the Commercial Observer.

Real Estate Alert: Tax Reform Measures You Might Have Missed


By Michael Siino |  Alan M. Blecher  |  December 10, 2017

While there are many provisions in the House and Senate tax reform bills that would affect the real estate industry, there are quite a few that are not making the headlines. Real estate business owners should take careful note of these easily overlooked changes.