Tax Advantages of Investing in Opportunity Zones Webinar
Sep 23 1:00 - 3:00 p.m.
Online
2-Tax CPE Credits
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. Highlights
What is an Opportunity Zone?
Gains that qualify for deferral if invested in an Opportunity Zone
What is an Opportunity Zone business?
How to elect the deferral of gain
Timing requirements related to Opportunity Zone investments
What is an Opportunity Fund?
What are the tax advantages of investing in an Opportunity Zone?
Where are Opportunity Zones located?
How taxpayers self-certify
What is the 70%/30% rule?
What the “original use” requirement means
Economic issues relating to investing in Opportunity Zones
Outstanding unanswered questions relating to Opportunity Zones
Registration
PICPA Member: $89 Nonmember: $114
More Information
Course No. OZTA-2019-01-WEBNR-266-01Level: Basic
Prerequisites:
None
Speaker(s)
Michael Tucker
Michael J Tucker, Ph.D., LL.M., J.D., CPA
Michael J. Tucker is an employee of Surgent McCoy CPE, LLC and a consultant
for the accounting firm of T.M. Byxbee Co. in Hamden, CT. He is the author of
many professional articles and a veteran TV and live-seminar presenter. In
addition, he heads up Surgent McCoy's webinar efforts, where he writes and hosts
many of the webinars Surgent McCoy sponsors and presents. Mr. Tucker was a
professor at Quinnipiac University in Hamden, CT and worked with KPMG Peat
Marwick and Deloitte & Touche. Mr. Tucker received his J.D. from New York
University, his LL.M. from Georgetown University Law Center, and his Ph.D. from
the University of Houston.