Want To Save On Taxes? Check Out Opportunity Zone Investments!

Now that the rhetoric and the debate over passage of the federal tax bill have subsided, one component of that legislation is getting lots of attention. That would be “Opportunity Zones.”

In June, the U.S. Department of the Treasury approved the final round selection efforts for designated opportunity zones. This new program allows investors to avoid capital gains tax by socking away profits by investing opportunity funds in designated zones throughout the country.