Read about Avidian’s acquisition of Equistar Wealth Management and our unparalleled client service in Austin here.

Close button
Close button

Sign up for the Avidian Report

Get weekly market insights in your inbox.

Published on: 03/06/2020 • 2 min read

Rolando Garcia, JD,CPA

Scott Bishop, Executive Vice President of Financial Planning for Avidian Wealth Management hosts a special edition of STA Money Hour with guest Rolando Garcia, JD/CPA. Rolando is a Tax Attorney with Doeren Mayhew that provides Private Client Tax Services.   Rolando brings more than 20 years of experience in this area.

During this edition of STA Money Hour, Scott and Rolando discuss many issues related Qualified Opportunity Zones (“QOZ”) that were part of the 2017 Tax Cuts and Jobs Act (“TCJA”), Congress enacted legislation designed to help underserved communities by incentivizing investors with tax benefits encouraging them to deploy capital in QOZs.  The goal was to attract capital to this QOZs to create jobs and re-develop areas in these distressed areas this QOZs were selected by congress in communities with low-income and/or that are economically distressed.  These QOZs are introducing both tax breaks and investment opportunities that are available. However, this area of the law is very complex and you need to fully understand the possible risks of making investments in this area while being able to review any potential deals to better ensure that they follow the rules (tax code) or your tax benefits may be lost.  For more detailed information to aid in your research, Scott and Rolando co-wrote an article (click link) on Using Qualified Opportunity Zones both as a Tax Strategy and Investment.

Previous Interview with Roland Garcia, JD/CPA

Please read important disclosures here

Chevron right

Get Avidian's free market report in your inbox

Contact us

Schedule a conversation

Curious about where you stand today? Schedule a meeting with our team and put your portfolio to the test.*