Treasury Outlines Tax Breaks for Investing in Distressed Areas - The New York Times

Lisa Starczewski, shareholder in the firm's Tax section and co-chair of our Opportunity Zones team, tells The New York Times that the new tax rules clarify ambiguities, improve the program's operation and expands availability of its benefits in "Treasury Outlines Tax Breaks for Investing in Distressed Areas."

"In almost all instances, these rules clarify ambiguities in a manner that makes operation of the program easier and expands availability of the benefits," said Lisa M. Starczewski, the co-chairwoman of the Opportunity Zones Team at Buchanan, Ingersoll & Rooney.