H-1B Specialty Worker Temporary Visa Fact Sheet

On March 1, 2022, U.S. Citizenship and Immigration Services ("USCIS") will start accepting registrations of H-1B petitions subject to fiscal year (FY) 2023 cap.  Beneficiaries of selected and approved H-1B cap-subject petitions will be eligible to start working in the United States on October 1, 2022. Competition for H-1B numbers during the FY2023 season is Read More »

Ten-Year Brownfield Cleanup Program, Tax Credit Extender & Other Program Amendments Included in Gov. Hochul’s FY 2023 Executive Budget

On January 18, New York Governor Kathy Hochul issued proposed legislation to implement the Governor's Fiscal Year 2023 Executive Budget.  The Transportation, Economic Development, and Environmental Conservation bill included in the Executive Budget would extend the tax incentives available for remediation and redevelopment of contaminated sites under New York's Brownfield Cleanup Program ("BCP") for ten Read More »

IRS Re-Extends Many Deadlines for Qualified Opportunity Funds

Recently released IRS Notice 2021-10, provides additional relief for "qualified opportunity funds" ("QOFs"), their investors and "qualified opportunity zone businesses" extending many of the previously extended deadlines due to the Coronavirus. Previously, the IRS extended the 180-day deadline for taxpayers to invest eligible capital gains into a QOF to July 15, 2020 ( https://bhlawpllc.com/publication/irs-extends-deadline-to-invest-in-a-qualified-opportunity-fund/ ) and also extended Read More »