Garcia Discusses Opportunity Zones on STA Money Hour
Doeren Mayhew Tax Shareholder Rolando Garcia joined STA Money Hour radio host and wealth management advisor Scott Bishop, where the two shared insight into Qualified Opportunity Zones (QOZ) and why investors should consider this tax-savings opportunity.
Enacted by Congress as part of the 2017 Tax Cuts and Jobs Act, QOZs were designed to help underserved communities by incentivizing investors who deploy their capital into these areas with a tax benefit. This can provide a significant tax savings for investors, however, this area of the law is very complex. Learn more about QOZs, including its tax benefits, meeting the requirements and more by listening to the full interview below.
Garcia and Bishop also recently co-authored an article, Using Qualified Opportunity Zones both as a Tax Strategy and Investment, which can be viewed by clicking here.
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