During this presentation, Jeff Schaffart and Nick Bjornson covered three topics that can greatly impact tax planning strategies. They began by discussing Nebraska's new pass-through entity tax (PTET) law, highlighting its potential to reduce federal income tax burdens for owners of Nebraska pass-through entities. They then dove into a comparison between 1031 Like Kind Exchanges and Qualified Opportunity Funds, shedding light on these tax-deferral and planning strategies. Lastly, they shared an update on the latest developments in tax credits and deductions, including Section 179D deductions.