Knowing What Counts Podcast
Knowing What Counts Podcast
Podcast Description
Welcome to the Knowing What Counts Podcast, your go-to resource for expert financial guidance tailored to high-net-worth individuals and thriving businesses. Hosted by the experienced professionals at MP CPAs, this podcast dives deep into strategies that help you protect, optimize, and grow your wealth. From tax planning and wealth management to business strategy and financial decision-making, we bring you the tools and insights to navigate your financial journey with confidence. Tune in and discover why success truly begins with knowing what counts!Whether you’re looking to streamline your business operations, minimize tax liabilities, or make smart investment choices, our team of experts is here to provide clarity and direction. Stay tuned until the end for valuable tips that you can start implementing today. Don’t forget—your path to financial success starts here!To learn more about MP CPAs visit: thempgroupcpa.com MP CPAs413-739-1800
Podcast Insights
Content Themes
Episodes explore themes such as tax planning, business strategy, and wealth management, with specific episodes covering topics like business valuation strategies, navigating tax residency issues, and effective estate planning in Massachusetts. The show emphasizes understanding complex regulations and utilizing best practices for financial decision-making.
Welcome to the Knowing What Counts Podcast, your go-to resource for expert financial guidance tailored to high-net-worth individuals and thriving businesses. Hosted by the experienced professionals at MP CPAs, this podcast dives deep into strategies that help you protect, optimize, and grow your wealth. From tax planning and wealth management to business strategy and financial decision-making, we bring you the tools and insights to navigate your financial journey with confidence. Tune in and discover why success truly begins with knowing what counts!
Whether you’re looking to streamline your business operations, minimize tax liabilities, or make smart investment choices, our team of experts is here to provide clarity and direction. Stay tuned until the end for valuable tips that you can start implementing today. Don’t forget—your path to financial success starts here!
To learn more about MP CPAs visit:
thempgroupcpa.com
MP CPAs
413-739-1800
From Capital Gains to Tax Deferrals: Inside Opportunity Zones- Kiley Tomaskowicz Senior Tax Associate
The tax landscape is constantly evolving, and savvy investors are discovering powerful strategies to defer, reduce, and even eliminate capital gains taxes through Qualified Opportunity Zones. This eye-opening episode featuring Senior Tax Associate Kiley Tomaskowicz unveils how these special economic zones—originally created in the 2017 Tax Cuts and Jobs Act and now made permanent—offer a triple tax advantage that could transform your investment approach.
Kylie breaks down the mechanics of Opportunity Zone investing with crystal clarity, explaining how virtually any taxpayer can defer capital gains by reinvesting them within 180 days into designated distressed communities. The magic happens when you hold these investments—after five years, you'll see a 10% reduction in your original taxable gain; after seven years, that jumps to 15%; and perhaps most compelling, after ten years, any appreciation on your Opportunity Zone investment becomes completely tax-free.
But this isn't a simple tax play. As Kylie cautions, these investments require careful consideration of liquidity needs (your money will be tied up for years), compliance requirements (the rules are strict and penalties for non-compliance significant), and market risks (these zones need development for a reason). We also explore exciting new provisions for rural opportunity funds that offer enhanced benefits including a remarkable 30% basis step-up and reduced improvement thresholds. Whether you're looking to diversify your portfolio, support community development, or implement sophisticated tax strategies, this episode provides the roadmap you need to navigate Opportunity Zone investments successfully.
Want to learn more about how Qualified Opportunity Zones might fit into your wealth strategy? Visit TheMPGroupCPA.com or call 413-739-1800 to connect with our expert team and discover if this powerful tax incentive could work for you.
To learn more about MP CPAs visit:
https://thempgroupcpa.com/
MP CPAs
413-739-1800
Disclaimer
This podcast’s information is provided for general reference and was obtained from publicly accessible sources. The Podcast Collaborative neither produces nor verifies the content, accuracy, or suitability of this podcast. Views and opinions belong solely to the podcast creators and guests.
For a complete disclaimer, please see our Full Disclaimer on the archive page. The Podcast Collaborative bears no responsibility for the podcast’s themes, language, or overall content. Listener discretion is advised. Read our Terms of Use and Privacy Policy for more details.