Loading Events

« All Events

  • This event has passed.

Surgent-Tax Advantages of Investing in Opportunity Zones [Non-CPE]

December 2, 2020 @ 10:00 am - 12:00 pm


At the end of 2019, the IRS issued final regulations giving investors more guidance regarding Qualified Opportunity Funds. Qualified Opportunity Funds are complex investment vehicles that provide tax incentives to investors. Taxpayers investing in a Qualified Opportunity Fund can defer capital gains, adjust basis to reduce the deferred capital gain, and if the 10-year holding period is met, eliminate gain on the new investment. An opportunity zone is an economically distressed community where new investments, under certain conditions, are eligible for preferential tax treatment. This program is a general introduction to a tax planning strategy with which clients will expect tax practitioners to be conversant.

Major Topics:

  • 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 related to investing in opportunity zones
  • Outstanding unanswered questions relating to opportunity zones


Learning Objectives

  • Discuss with clients the tax consequences of investing in opportunity zones

Designed for:

Tax practitioners who wish to be prepared to discuss opportunity zone investments with their clients



Advanced Preparation:



Contact Allen [akinkle@ksdt-cpa.com]  for login details


December 2, 2020
10:00 am - 12:00 pm
Event Category:


Surgent Webinars


Allen Kinkle

Recent Posts / View All Posts

Divorcing business owners should pay attention to the tax consequences

| Business, taxes | No Comments

If you’re getting a divorce, you know the process is generally filled with stress. But if you’re a business owner, tax issues can complicate matters even more. Your business ownership…

Spouse-run businesses face special tax issues

| Business, taxes | No Comments

Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues. The partnership issue An unincorporated business with your spouse is…

Understanding the Impact of Taxes on Mergers and Acquisitions

| Mergers and Acquisitions, taxes | No Comments

In recent years, merger and acquisition activity has been strong in many industries. If your business is considering merging with or acquiring another business, it’s important to understand how the…

Are you considering moving to a new state to minimize estate tax?

| Estate Planning | No Comments

With the gift and estate tax exemption amount at $12.92 million for 2023, only a small percentage of families are subject to federal estate tax. While that’s certainly a relief,…