Tag Archive: "Qualified Opportunity Zones"
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An Important Deadline for Opportunity Zone Investing is Fast Approaching
Since their introduction in the Tax Cuts and Jobs Act of 2017, qualified opportunity zones have attracted attention as a important tax planning tool. And despite the recent headlines focusing on rising inflation, rising interest rates, and (possibly) rising tax rates, investments in qualified opportunity zones may still be a haven for taxpayers seeking to […]
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Opportunity Zones in 2022: A Tax & Financial Analysis
As most investors have learned over the past couple of years, the primary tax benefits of Qualified Opportunity Zone (QOZ) investments are Defer, Reduce, and Pay Zero. Investors are still able to “Defer” the tax owed on eligible gains until 2026. Investing a larger amount of capital to start will yield positive economic value. The […]
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Recent Analysis from Federal Government Highlight Opportunity Zone Investment and Compliance
On October 7, 2021 the Government Accountability Office (GAO) issued their second report on Qualified Opportunity Zones (QOZs). The GAO report included more than 100 pages of analysis on the overall effectiveness of the QOZ program. Similarly, on November 16, 2021 the House Ways and Means Committee conducted a hearing on QOZs. Total estimated QOZ […]
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Timing Considerations for Opportunity Zone Investments: Key Dates and What Investors and Sponsors Should Expect
Qualified Opportunity Zone (QOZ) investment activity often ebbs and flows throughout the year, with the greatest amount of activity taking place near timeout dates or the expiration of certain QOZ benefits. One such important benefit is the 10% step up in basis, which is set to expire on December 31, 2021. Investors that wish to […]
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Qualified Opportunity Zones Update
The final regulations governing Qualified Opportunity Zones were released in December 2019 (Treasury Decision 9889), and were published into the Federal Register in January 2020. Since that time, practitioners and taxpayers have had lingering questions about several key elements contained in the final regulations. In response, the Treasury published correcting amendments to the final regulations […]