MEDIA
| Jul 2019
Private Client Group Newsletter Q2
By: Deron T. McCoy, CFA®, CFP®, CAIA®, AIF®
Qualified Opportunity Funds offer a new way to defer and potentially reduce your capital gains. While most of the discussion surrounding the 2017 Tax Cuts and Jobs Act has focused on changes to corporate and personal tax rates, deductions and exclusions, there’s one potentially beneficial provision that has received relatively little media coverage but a lot of cocktail party buzz among affluent investors – a new program designed to encourage investments in economically distressed communities certified by the Treasury Department as “Opportunity Zones.”
Read More