The IRS recently issued proposed guidelines giving investors sufficient certainty to consider investing in Opportunity Zones. Opportunity Zones were added to the tax code by the Tax Cuts and Jobs Act. Anyone who makes a qualified investment in an Opportunity Zone can defer capital gains from an unrelated investment. Any gains realized on such an investment are tax-exempt if held for at least ten years. An Opportunity Zone is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment. This program is a general introduction to a new tax advantage with which clients will expect tax practitioners to be conversant in order to advise them about the advantages and disadvantages of making an investment in an Opportunity Zone.
Individual webcastCPE Credit:
This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.