RSM: The 2017 Tax Cuts and Jobs Act created a new investment vehicle intended to stimulate economic growth in distressed communities. Qualified opportunity zones (QOZs) are pre-selected areas around the United States where investors can hold capital gains for preferential tax treatment while struggling communities can benefit from an influx of development and funding. Listen to Audiocast…

UMB Fund Services Tax Managing Director, Spencer Erickson, spoke to Private Equity Wire about opportunities in Opportunity Zone Funds and how UMB is supporting clients entering the space.