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Understanding Opportunity Zones Presentation

Federal Opportunity Zone Flyer

Cowley First-Cowley County Economic Development Partnership will be hosting CPA’s Galen Pfeifer and Taylor Dirks of Adams, Brown, Beran and Ball, Chartered (ABBB) as they present on the topic ‘Understanding Federal Opportunity Zones’.

The free presentation will be held December 18, 2018 at the Arkansas City Water Treatment Plant Conference Room, 400 W. Madison Street, Arkansas City from 11:30 a.m.-1:00 p.m. Lunch is provided.

The Opportunity Zones tax incentive was established by Congress in the 2017 Tax Cut and Jobs Act as an innovative approach to spur long-term private sector investments in low-income urban and rural communities nationwide.

In May 2018 the IRS released the list of Kansas communities designated as qualified Opportunity Zones, which includes some property in Arkansas City. The December 18th session will present an overview of Opportunity Zones, guidance provided by the Department of Treasury, and planning needed to make Opportunity Zones work for your communities.

Fort Hays State University alums, Galen Pfeifer is a partner with the CPA firm ABBB and Taylor Dirks is an ABBB manager.  With over 35 years of experience as a CPA, Galen leads the Mergers, Acquisitions & Valuation service line and is accredited by the AICPA in business valuation, certified in financial forensics, and is a personal financial specialist in addition to be securities licensed. Today he is a partner in the firm’s Hays, Kansas office. Beyond his leadership role in ABBB, Galen specializes in business valuations and has extensive experience advising small businesses in Kansas. Galen works primarily with clients in the agricultural, oil and gas, manufacturing, communications, medical and retail industries.

Taylor works in the Tax, Audit & Attestation, and Mergers, Acquisitions, & Valuations service lines, specializing in helping small businesses – especially in the agriculture and oil & gas industries – with their tax and business development needs. In addition, Taylor audits for employee benefits plans and municipalities.

During the session, both presenters will be answering your questions regarding the Opportunity Zone.

To attend, pre-registration is required by calling Cowley First by noon, December 17th at 620-221-9951 or 620-442-3094 or email dfirebaugh@cowleycounty.org.

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