Adam Laxalt is the 33rd attorney general for the state of Nevada. He took the office in January 2015, which, at the time, made him the youngest attorney general in the country. His term ends in 2019.
Laxalt is a former lieutenant in the U.S. Navy, where he served as a prosecutor and legal advisor. He also served his country in Iraq, working on detention and prosecution efforts for war criminals and terrorists. As a veteran and attorney general, he created the Office of Military Legal Assistance, which has helped thousands of service members and veterans with pro bono matters since 2015.
Laxalt founded the state’s Law Enforcement Summit, which brings Nevada’s county officials together twice a year to address emerging criminal trends. He chairs the Sexual Assault Kit Backlog Working Group, which is working on the state’s backlog of nearly 8,000 untested sexual assault evidence kits. He also created a federalism unit, which, in the spirit of promoting state’s rights, has challenged federal decisions.
Laxalt is a graduate of Georgetown University and its law school.
Adam Laxalt is the 33rd attorney general for the state of Nevada. He took the office in January 2015, which, at the time, made him the youngest attorney general in the country. His term ends in 2019. Laxalt is a former lieutenant in the U.S. Navy, where he served as a prosecutor and legal advisor. He also served his country in Iraq, working on detention and prosecution efforts for war criminals and terrorists. As a veteran and attorney general, he created
Congressman Alex Mooney represents West Virginia’s 2nd Congressional District. He was first elected to Congress in 2014 and sits on the influential House Financial Services Committee. Prior, he was also appointed and served on the House Committee on Natural Resources and the House Committee on the Budget. Mooney was a co-sponsor of the American Research and Competitiveness Act of 2015, which would cut taxes for innovative American companies. In 2018, Mooney supported the House’s passage of the JOBS and Investor Confidence
By Opportunity Zone Expo Staff Investor interest has picked up since the IRS and the Treasury Department released the first version of rules for investing in Opportunity Zones on October 19. The new rules state that corporate capital gains are allowed to be invested in the zones and lengthens the time period of investment. This could be promising news for cryptocurrency investors. “For the first time, investors in cryptocurrencies like Bitcoin now have a major tax shelter available to them. The recent
By Opportunity Zone Expo Staff The Treasury has certified more than 8,700 areas nationwide as opportunity zones, home to 35 million residents. Opportunity Zones can provide favorable capital gains for taxpayers with unrealized gains who invest in the struggling areas. The funds could funnel an infusion of investor money to neighborhoods and towns starved for investment and address issues like poverty, unemployment and economic inequality. Opportunity zones benefit two groups – those with large investment profits and low-income communities. “Opportunity Funds will create a new incentive for investors to invest in
By Opportunity Zone Expo Staff Investors and developers are looking forward to netting significant tax benefits through the 2017 Tax Cuts and Jobs Act’s new Opportunity Zones — but significant confusion remains over how the program will work, and what immediate action interested parties should be taking. The Treasury published new guidance in October 2018, but with the public comment period still ongoing, some experts are urging their clients to hold back, and wait for further details before taking the plunge. “If you
By Opportunity Zone Expo Staff A windfall of investors are pursuing Qualified Opportunity Fund (QOF) investments following the release of IRS guidelines that clarify requirements. “It is like a gold rush from Wall Street and real estate investors, to small-time mom-and pop investors such as doctors and lawyers,” says Lance Growth, chief executive and co-founder of Growth 1031 Inc. “Honestly, I’m seeing all types of investors.” The companies creating opportunity funds are mostly developers or private money managers, says Jonathan McGuire, an Aldrich certified personal accountant. “As most of the dollars being invested so far are
By Opportunity Zones Expo Staff When it comes to Opportunity Zones, investors have plenty of options — but so far, most are focusing their attention on real-estate developments and land deals. Blake Christian, a CPA and tax consultant at HCVT, estimates that 80 percent of the OZ-related client inquiries he’s received have focused on real estate transactions or land purchases, with only about 20 percent relating to business investments. That’s partly because many business-focused investors have a shorter investment horizon than the 10-year investments envisioned under the
By Opportunity Zone Expo Staff The Department of the Treasury has announced draft rules and regulations to bring clarity to investors on the tax implications of investing in Opportunity Zones. Opportunity Zones were established by the Tax Cut and Jobs Act of 2017. More than 8,700 communities in all 50 states were certified as Opportunity Zones. According to the Treasury, the program was put in place to drive economic development and create jobs by advocating long-term investments in economically distressed communities. Through the program, investors can defer paying tax on gains from selling property by investing the proceeds from the sale into an Opportunity Zone Fund. The first
By Opportunity Zone Expo Staff Opportunity beacons for investors looking to financially back distressed and low-income U.S. communities. The federal government is incentivizing such ventures through its Tax Cuts and Jobs Acts of 2017, which offers financial perks to those who support “qualified opportunity zone” (QOZ) regions. The IRS recently proposed regulations to help clarify the rules, but those looking to invest in a qualified opportunity fund (QOF) should first turn to experts for help, says RealCrowd chief executive Adam Hooper. “Technically, all
By Opportunity Zone Expo Staff The benefit of rolling capital gains into a Qualified Opportunity Fund is getting a tax reduction or eliminating any capital gains tax. Investors have 180 days to reinvest their gains into a Qualified Opportunity Fund. The longer the investment is held — up to 10 years — the better the tax benefit. If an investment is held in a Qualified Opportunity Fund for five years, the tax on capital gains will be reduced by 10 percent and if