How to not pay capital gains tax (Opportunity Zones)
If you’re fortunate to have an imbedded capital gain, either from company stock or other investments held during the last decade bull-market, you may be aware that taxes will be owed once you sell. These are capital gains and taxed at lower rates, 0%, 15%, and 20%, depending where you end up on the ordinary income marginal tax rates. If you’re lauding to pay the tax, there are a few ways to eliminate the capital gain. Gift stock to a charity The Tax Cuts and Jobs Act (TCJA) i