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Widerman Malek Law Blog

IRS Provides Tax Relief for Qualified Opportunity Zone Investors

More Time to Reinvest Capital Gains for Deferral or Exclusion In December 2017, Congress enacted the Tax Cuts and Jobs Act (the “Act”). The Act added Qualified Opportunity Zones (26 USC § 1400Z-1, et. seq.). Congress enacted QOZs to foster investment in an economically distressed area to spur further investment in those areas and job […]

“19% Employees Laid Off” – Is Everything Fine with Intellectual Ventures?

Since its foundation in 2000 by Microsoft veterans Edward Jung and Nathan Myhrvold, Intellectual Ventures has managed to raise $6 billion in investments and acquire 70,000 intellectual assets. Some of their investors included technical giants Intel, Nokia, Adobe, Microsoft, Google, Sap, Sony, Apple, Yahoo, eBay American Express, NVIDIA, and investment companies Stanford, Mayo Clinic, the […]

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