Notice – Changes to the Florida Business Corporation Act

By: Linda Worton Jackson and Linsey Lovell During the 2019 Legislative session Florida lawmakers adopted major revisions to the Florida Business Corporation Act (FBCA) for the first time in 30 years. They were signed into law by Gov. Ron Desantis and took effect on Jan. 1, 2020. The intended purpose of the revisions was to make the FBCA line up …

opportunity zones

Opportunity Zones: Are You Ready to Invest?

In April 2019, the U.S. Department of the Treasury issued its second set of proposed regulations related to the new Opportunity Zones tax incentive. The tax benefit was created in 2017 to encourage long-term investments in economically distressed communities around the country. There are two ways to invest in an Opportunity Zone: Create your own fund or invest in an existing one.