Opportunity Zones-Individual Tax Issues
Exam OnlyProduct Description
This course provides an in-depth review of the current Qualified Opportunity Zone (QOZ) tax law, including the capital gain tax deferral and tax free appreciation for QOZ investments. Special emphasis will be placed on the recent OBBBA law and its impact on opportunity zones, especially the new rules for Qualified Rural Opportunity Zones.
Prerequisites
2-4 years tax preparation experience.Field of Study
Taxes-1.00NASBA Categories
TaxesCourse Level
IntermediateCourse Objectives
Tax professionals who complete this class will have an understanding of the tax benefits of investing in QOZs. They will also understand the important differences and the interaction between QOZs, Qualified Opportunity Funds, Qualified Opportunity Zone Businesses, and Qualified Opportunity Zone Business Property. Lastly, attendees will gain knowledge that allows them to provide QOZ advice to investors and taxpayers.