Grassi will participate in a live CPE webinar presented by AccountantsWorld to explain the answers we’ve all been waiting for on Qualified Opportunity Zones. Shashi and her co-presenter will highlight the most significant areas of the IRS’s final regulations on this tax-savings vehicle, including:
- Requirements for an entity to qualify as a Qualified Opportunity Fund (QOF) and Qualified Opportunity Zone Business (QOZB), including the original use test
- Treatment of Section 1231 gains and installment sales
- Inclusion events
- Additional flexibility and timing to invest capital gains
- Partial disposition of QOF interest and reinvestment of gain
- Disposition of investment after the 10-year holding period
CPE Credits Awarded: 1 CPE
Course Level: Basic. No prerequisites
Field of Study: Taxes