Tax Smart Masterclass News Today

The energy sector, where investors can combine qualified opportunity fund perks with oil and gas direct investment tax benefits, is one of the more appealing and lesser-understood QOZ offerings available. If you're a regular reader of Kiplinger, you're likely familiar with what many investment experts consider a once-in-a-generation tax advantage provided by opportunity zones. What are qualified opportunity zones? For those needing a primer: Qualified opportunity zones, or QOZs, were c...

Using 1031 exchanges and qualified opportunity zones to reinvest the proceeds from the sale of an appreciated asset can defer and sometimes eliminate capital gains taxes. Experienced and successful investors know that their investment wealth faces two powerful enemies at all times: bad investments and capital gains taxes.Invest long enough, and you will inevitably encounter an investment that could have, would have, should have — but didn’t — appreciate in value. Even Warren...