Part of the Tax Cuts and Jobs Act that recently came into law includes new incentives for investments into economically distressed areas designated by states choosing to participate. The Denver Business Journal calls Opportunity Zones a “once in a generation chance for both investors and Colorado cities” and says ” Colorado leaders across the political spectrum believe they could be a game-changer for the state’s disadvantaged communities, both urban and rural.” Scott Grimm, a Tax Partner at ACM has many clients currently participating in Opportunity Zone investments and has presented information on their benefit to various professional and construction firms.
Scott Grimm, CPA
Scott oversees ACM’s Tax Practice across all four of our locations. He is driven to help every client reduce their tax bills in the most efficient way. Through the combination of his strong client service and creative and technical approach to tax planning, Scott has successfully enabled clients to save money and minimize their capital gains taxes.
He focuses on serving closely held, middle-market clients in the real estate, construction, and hospitality industries, providing assistance with structural planning, tax credits, partnership accounting, cost segregation, and property transactions. He actively participates on the planning committee for the AICPA Construction & Real Estate Conference, and previously served on the real estate and construction committees for the Colorado and Washington Societies of CPAs.