Total Credits: 1.2 including 1.2 Taxes - Technical
As originally enacted, the Qualified Opportunity Fund (“QOF”) arrangement was temporary and could be utilized only to defer gains that were realized in 2026 and prior years. The One Big Beautiful Bill Act (the “OBBB”), however, makes permanent QOFs as a mechanism for potentially obtaining deferral and exclusion of realized gains for federal income tax purposes. Thus, in many ways, the OBBB expands the availability of the QOF arrangement for taxpayers. In certain other ways, however, the QBBB restricts the availability of the QOF arrangement, and the interplay between the original QOF program and the OBBB version of that program currently leaves many unanswered questions. The presentation summarizes the important changes made to the QOF program under the OBBB and the open issues where further guidance is needed.
| IMPORTANT_CPE Credit Instructions_Read Before Webcast (465.6 KB) | 1 Pages | Available after Purchase |
Mr. Beck is a Board Certified tax attorney who provides Federal income tax and Texas franchise and sales tax advice to businesses of all types and sizes, including Subchapter C corporations, Subchapter S corporations, partnerships, limited liability companies, and entities disregarded for Federal income tax purposes. He advises on tax issues arising during all phases of business operations, including formation, restructuring of ownership interests, acquisitions, dispositions, mergers, consolidations, liquidations, international transactions, issuance of deferred and equity compensation, and business succession planning. He represents businesses and entrepreneurs in a broad range of industries, including professional services, manufacturing, technology, oil and gas, and real estate. He also advises tax-exempt organizations under Section 501 of the Internal Revenue Code.
Mr. Beck also represents individuals, businesses, and estates in tax related controversy matters, including Internal Revenue Service audits, appeals, and litigation in Federal courts, including the U.S. Tax Court and Fifth Circuit Court of Appeals. He also represents taxpayers in franchise and sales tax disputes with the Texas Comptroller of Public Accounts.
Mr. Beck is Board Certified in Tax Law by the Texas Board of Legal Specialization. He has served as an adjunct law professor at the Southern Methodist University Dedman School of Law, where he taught Corporate Income Taxation. He has also served as the Chairperson of the Dallas Bar Association’s Peer Assistance Committee and Co-Chair of the Texas Bar Tax Section Partnership and Real Estate Committee. Mr. Beck was admitted to practice in Texas in 1998 and the District of Columbia in 2000.
None
None
No
Meadows Collier
Group Internet Based
Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Online Registration
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.