In an article for the Pennsylvania CPA Journal, private client associate Brian Balduzzi examines significant updates under the One Big Beautiful Bill Act (OBBBA) that impact opportunity zone investors and qualified opportunity fund managers.
Balduzzi notes that investors and managers, along with their advisers, should carefully review the rules under the Tax Cuts and Jobs Act of 2017 and the OBBBA to optimize tax outcomes, maintain qualified opportunity fund compliance, and strategically plan for the future of qualified opportunity zones (QOZs).
“Advisers may wish to discuss timely planning and preparation with their clients regarding the expiring and new QOZ rules throughout the rest of 2026 to minimize taxes, plan for liquidity, and structure future deals accordingly,” Balduzzi concludes.
