Limited Period Access to myCPE Prime Unlimited CPE Access starting at $199. Subscribe Now

Qualified Opportunity Zone Program Overview

  • Accountant
  • AFSP
  • CRTP
  • CPA (US)
  • CVA
  • EA
  • ORTP
  • MRTP
  • CBA/MCBA
  • CFIRS
  • CWS
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

An opportunity fund is an investment vehicle designed to invest in real estate or business development in areas known as "opportunity zones."

Opportunity zones are particular geographic areas that have been designated as economically distressed. As a result, these areas may be subject to different economic regulations than other regions in the country or state. Tax incentives for investments in opportunity zones include delayed and potentially reduced taxes on capital gains.

 An Opportunity Zone Fund that is properly structured may allow you to defer capital gains tax on the sale of ANY asset while making an investment that potentially will generate tax-free income. Learn what to look for in opportunity zone fund sponsors.

Key topics covered in this online Tax webinar for CPAs: 

  • Identify federal compliance rules, regulations & timelines
  • Summarize the Potential Benefits and reasons to pursue opportunity zone funds
  • Recognize which approach works best for different investment scenarios
  • List the 5 key factors of the Opportunity Zone Program
  • Recognize the difference between Qualified Opportunity Zone (“QOZ”), Qualified Opportunity Zone Fund (“QOF”), and Qualified Opportunity Zone Businesses (“QOZB”)
  • Identify potential tax advantages – A Hypothetical After-Tax Value Learn – how investors could possibly pay $0 in capital gains on the next decade of investment returns
  • Recognize how to use depreciation to shelter income from the project(s) & no depreciation recapture



Learning Objectives

  • To identify federal compliance rules, regulations & timelines related to Opportunity Zone funds
  • To summarize the tax benefits and reasons to pursue opportunity zone funds
  • To identify the approach which works best for different investment scenarios
  • To define Qualified Opportunity Zone (QOZ), Qualified Opportunity Zone Fund (QOF), and Qualified Opportunity Zone Businesses (QOZB)

Who Should Attend?

  • Bookkeepers & Accountants & Tax Preparers
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Professionals
  • Tax Pros
  • Trust & Estate Tax Professional
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 1 CE Credit of Taxes for Annual Filing Season Program (AFSP)
  • 1 CE Credit of Federal Tax Related Matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-0452)
  • 1 CRE Credit for Certified Financial Examiner (CFE)
  • 1 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
  • 1 CPE Credit for Certified Valuation Analyst (CVA)
  • 1 CE Credit of Ethics for Enrolled Agents (EA) (Approval No. GEHNZ-T-00452-21-O)
  • 1 CE Credit of Federal Tax Related Matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-00452-21-O)
  • 1 CE Credit of Federal Tax Related Matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-00452-21-O)
  • 1 CPE Credit for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
  • 1 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 1 CE Credit for Certified Wealth Strategist (CWS)
  • 1 General Credit for Accountant/Bookkeeper/Tax Professionals

Additional details

  • Course Level :
    Basic
  • Credits :
    1
  • Instructional Method :
    Group Internet Based
  • Pre-requisites :
    None
  • Advance Preparation :
    None

IRS APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

CTEC APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor ID# : 6273) has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

Presenter

About Presenter

Jeffrey Bangerter

President, Bangerter Financial Services, Inc

Jeffrey Bangerter has been working in the Financial Services since 1979; helping his valued clients prepare for and enjoy a comfortable retirement.

Jeffrey has spent the time necessary to get all the licenses needed to be able to put together a proper plan. He is an Enrolled Agent Tax Professional, Mortgage Loan Originator, Investment Advisor Representative, Registered Securities Representative, Insurance Agent and has his Real Estate License.

We empower clients with knowledge to help make smart informed choices as they enter their Golden Years, we make things easy to understand so it becomes clear the direction that should be taken. Our goal is to help people maximize social security, create incomes, provide professional money management, protect your assets from long term care. Our clients know we have a commitment to provide the best solution for their individual situation utilizing our Social Security Planning and Retirement Planning software together to make sure they do not have a point in life where they run out of money.

Jeffrey has been seen frequently on Sacramento’s ABC and CBS affiliate TV Stations, providing timely financial information in an easy to understand format.

OUR IDEAL CLIENTS:

… want a work optional lifestyle.

... want to pay less taxes.

… are concerned about outliving their income.

… want to protect their assets.

… want to leave a legacy.

… want to sleep comfortably with no worries about their investments or retirement.

… are fun!

Jeffrey has been a resident of Orangevale, CA for over 25 years. When not helping clients increase their confidence about their financial futures, he enjoys boating with his children and grandchildren, traveling, learning something new or spending time with his wife on their Harley.

About Company

Bangerter Financial Services, Inc

www.bangerterfinancial.com

We at Bangerter Financial Services desire to know and understand your financial objectives and then provide you with the highest quality of information, service, and products to help you reach your goals. Our commitment to our clients is based on the relationship we form with them, both professionally and personally. We provide frequent, consistent contact with our clients to educate and inform them so that proper decisions can be made going forth. We engage with our clients on a regular basis as a result of the numerous social events we host during the year. We offer all of our knowledge and experience to keep our clients focused on a disciplined approach to realizing their dreams.

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

4.5

150 Ratings

Excellent

93

Very Good

43

Average

13

Poor

1

Terrible

0

CK

Cin Khai, Tax Professional, MRTP

Mar 31st, 2021

This was an interesting webinar and I applied understanding from the session almost immediately. I heard about opportunity zone investing on the radio and I was happy to understand exactly what they were talking about. Thank you for the information

GM

Gary Mckinsey, EA

Apr 20th, 2021

Presentor gave a very useful explanation of opportunity zones and how to use them. Also explained how the opportunity zone and 1031 exchange can work together.

HW

Hyunjoo Whi, EA

Apr 21st, 2021

Slides were easy to follow, very informational lecture

DR

Diane Richards

May 5th, 2021

This course is new to me that is why I took it twice

EW

Emily Wigand, CPA (US)

May 5th, 2021

Instructor explained topic very well and thoroughly

Qualified Opportunity Zone Program Overview

FREE

1 Credit

Subject Area

Taxes

Upcoming Webinars

Tax Updates Latest (Business & Payroll)
  • 4.4
  • (252)

Sep 30, 2022 | 12:00 PM EDT

6ExY: Mastering the Six Traits of Executive You
  • 4.3
  • (54)

Sep 30, 2022 | 12:00 PM EDT

Investigations – A Former FBI Agent Tells All
  • 4.5
  • (72)

Sep 30, 2022 | 12:30 PM EDT

SOX Identifying and Documenting Controls
  • 4.3
  • (9)

Sep 30, 2022 | 12:30 PM EDT

Estate Planning and FERS
  • 4.7
  • (6)

Sep 30, 2022 | 02:30 PM EDT

Impactful Audit Reports
  • 4.3
  • (34)

Sep 30, 2022 | 03:00 PM EDT

We use cookies to make your experience on this website better