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Qualified Opportunity Funds: A new weapon in the estate planning arsenal

The Tax Cuts and Jobs Act created a new program to encourage investment in economically distressed areas through generous tax incentives. The Qualified Opportunity Zone (QOZ) program relies on investments in Qualified Opportunity Funds (QOFs) — funds that can provide wealthy taxpayers with some new avenues for estate planning. 3 big tax benefits Investors in QOFs stand to reap three significant tax breaks: They can defer capital gains on the...

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Don’t skip out on planning for the GST tax

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The tax deadline is almost here: File for an extension if you’re not ready

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If you didn’t contribute to an IRA last year, there’s still time

April 05, 2024

If you’re gathering documents to file your 2023 tax return and you’re concerned that your tax bill may be higher…