The benefit of rolling capital gains into a Qualified Opportunity Fund is getting a tax reduction or eliminating any capital gains tax.

The Department of the Treasury has announced draft rules and regulations to bring clarity to investors on the tax implications of investing in Opportunity Zones.

Investors and developers are looking forward to netting significant tax benefits through the 2017 Tax Cuts and Jobs Act’s new Opportunity Zones — but significant confusion remains over how the program will work, and what immediate action interested parties should be taking.

A windfall of investors are pursuing Qualified Opportunity Fund (QOF) investments following the release of IRS guidelines that clarify requirements.

For investors interested in opportunity zones, experts say selecting the right location for their investment should be carefully considered.

Opportunity Zones can provide favorable capital gains for taxpayers with unrealized gains who invest in the struggling areas.

Opportunity Zones are low-income communities around the country that have been chosen by the governors of each state to attract investment funds by offering tax incentives to investors.

Qualified Opportunity Funds pool diverse investor funds and allocate those funds into eligible businesses and properties within Qualified Opportunity Zones.

Investor interest has picked up since the IRS and the Treasury Department released the first version of rules for investing in Opportunity Zones. This could be promising news for cryptocurrency investors.

Those looking to invest in a qualified opportunity fund (QOF) should first turn to experts for help.

Medical and recreational cannabis industries are fair game for OZ investors.

The IRS public hearing about the proposed regulations for the Opportunity Zone program scheduled for Thursday, Jan. 10, has been postponed due to the partial federal government shutdown. In a notice published Monday, the Internal Revenue Service said a new public hearing date will be announced once appropriations for the Treasury Department have been restored. The hearing date, which will be published in the Federal Register, will be at least two weeks after the announcement of the date.

Hundreds of industry stakeholders attended a five-hour Opportunity Zone hearing in Washington, D.C. on Feb. 14, calling for clarifications and more flexible regulations on the Opportunity Zone tax incentive program.

California State Treasurer Fiona Ma announced Friday at the Opportunity Zone Expo that the Golden State is looking to conform aspects of its tax code with Opportunity Zone legislation in an effort to boost local economies and spur investment.

More than 1,000 professionals from around the United States attended the Opportunity Zone Expo on Friday in downtown Los Angeles to learn and network about Opportunity Zones.