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In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, alerts listeners to the passage of a six-month continuing resolution for fiscal year 2013, proposed changes in Community Reinvestment Act credit for investments and a request for comment from the Internal Revenue Service on its 2013-2014 Guidance Priority List. In new markets tax credit news, he reminds listeners of the upcoming NMTC allocation and the Novogradac Spring New Markets Tax Credit Conference. In historic tax credit news, the National Park Service has released eight actions to improve and expand the HTC program. In low-income housing tax credit news, he tells listeners about a grandfathering of rural areas that allows those areas to access U.S. Department of Agriculture funding. In renewable energy tax credit news, he alerts listeners to several proposals to repeal energy tax incentives.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a document from Rep. Dave Camp aimed at reforming the tax code for small businesses and an announcement from Rep. Pat Tiberi that the Select Revenue Measures subcommittee would hold a meeting on financial products tax reform, as well as several upcoming hearings and key dates. In historic tax credit news, he discusses a bill that would make permanent enhanced tax incentives for conservation easements, a report from the Office of the Chief Financial Officer of the District of Columbia that analyzes how state historic tax credits affect the leveraging of resources through the federal HTC and the Ohio Historic Preservation Tax Credit program's 10th application round. In low-income housing tax credit news, he alerts listeners to a request for comments from the Financial Accounting Standards Board Emerging Issues Task Force about limited partnerships and a document from the American Bar Association's Section on Taxation that offers su

Fiscal Year 2014 Budget; Tax Expenditures; CCA20124002F; Alabama Historic Tax Credit (H.B. 140); California Fiscal Year 2013 Income Limits; Production Tax Credit Rules; Qualified Equity Issuance Report

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the effect of the sequester, potential tax reform and public welfare investments. In historic tax credit news, he alerts readers to the reintroduction of a bill that would extend historic tax credits to homeowners and the introduction of a bill in Georgia that would expand that state's historic tax credit program. In low-income housing tax credit news, he discusses a report that calls for more balance in choosing locations for LIHTC developments. In renewable energy tax credit news, he discusses a report from the Bipartisan Policy Center that recommends extending the production tax credit and then phasing it out the by the end of 2016. In new markets tax credit news, he reviews highlights from the CDFI Fund's first "Year-in-Review" and a bill to extend the Missouri NMTC program.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the impending sequestration and an amended Simpson-Bowles fiscal plan. In historic tax credit news, he alerts listeners to a Missouri bill that would limit the state's historic tax credits and an upcoming Advisory Council on Historic Preservation Meeting. In low-income housing tax credit news, he discusses a report form the Bipartisan Policy Center's Housing Commission that recommends expanding the Low-Income Housing Tax Credit program, a special LIHTC allocation round in Mississippi intended to increase housing near health care facilities, and the Federal Housing Administration's easing of mortgage approvals for multifamily rental properties. In renewable energy tax credit news, he discusses President Obama's call to make the production tax credit permanent and refundable, as well as the Sustainable Energy Act, a bill recently introduced that would extend the PTC for an additional seven years and allow it to be exchanged for inv

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the State of the Union address and response, as well as several legislative committees formed to address tax reform and key deadlines that are approaching. In historic tax credit news, he alerts listeners to propped changes to the Indiana state HTC. In low-income housing tax credit news, he discusses a letter that the LIHTC Working Group about the potential loss of rural designations, the National Council of Housing Market Analysts' Model Content Standards for Rental Housing Market Studies and its market study index, and a call for nominations for the Charles L. Edson Tax Credit Excellence Awards. In new markets tax credit news, he discusses the CDFI Bond Guarantee program. In renewable energy tax credit news, he discusses two new bills: the Public Land Renewable Energy Development Act and a soon-to-be-introduced offshore wind energy tax credit bill.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses tax expenditures, sequestration, tax reform and charitable contributions, a Congressional Budget Office economic outlook for 2013 though 2023, smart growth and sustainable communities, the nomination of Jack Lew for Treasury Secretary and the president's State of the Union address. In historic tax credit news, he reports on the president's nomination of Sally Jewell for Secretary of the Interior and a Missouri Senate Appropriation Committee hearing on state tax credit programs. In low-income housing tax credit news, he discusses IRS Notice 2013-9 and Hurricane Sandy, the Treasury's Priority Guidance Plan, and a Mississippi bill that would reduce taxes for affordable housing properties. In new markets tax credit news, he alerts listeners to CDFI Fund listening sessions, recertification guidelines for CDFIs, qualified equity investment issuance for January and an upcoming CDFI Fund Advisory Board meeting. In renewable energy tax cr

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, opens with an Office of Management and Budget sequestration memo, post-fiscal cliff financial analysis and tax loopholes that could be closed. In historic tax credit news, he discusses Secretary of the Interior Ken Salazar's request that the National Park Service review the HTC program rules and Rhode Island's historic tax credit program. In low-income housing tax credit news, he discusses a meeting between Sen. Max Baucus and the Housing Advisory Group. In new markets tax credit news, he discusses an interim rule for the CDFI Fund Bond Guarantee programs and a report on CDFIs' response to Superstorm Sandy. In renewable energy tax credit news, he alerts listeners to a call for guidance on the production tax credit eligibility and an American Wind Energy Association report on electric generating capacity.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, opens with news about the debt ceiling, upcoming fiscal deadlines and tax reform. In historic tax credit news, he discusses proposed changes to New York's Historic Commercial Properties Rehabilitation tax credit program and the latest development in the Historic Boardwalk Hall Case. In low-income housing tax credit news, he discusses the U.S. Department of Housing and Urban Development's Energy and Performance Information Center and the Iowa Finance Authority's housing priorities. In new markets tax credit news, he alerts listeners to a request for comments about Alaska's New Markets Tax Credit Assistance Guarantee and Loan Program. In renewable energy tax credit news, he discusses a request for comments on the Section 1603 program and a Blue Planet Foundation report on Hawaii's solar energy tax credit.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, opens with a mention of President Barack Obama's inauguration and upcoming fiscal deadlines, as well as an announcement about hearings on the debt limit. In historic tax credit news, he discusses a state historic tax credit bill that has been introduced in Nebraska and a Government Accountability Office report on the need for improved data about federally owned historic properties. In lowincome housing tax credit news, Mr. Novogradac discusses an accounting change being proposed by the Federal Accounting Standards Board's Emerging Industry Task Force and an update to Novogradac's LIHTC Mapping Tool. In renewable energy tax credit news, he alerts listeners to a new version of the Energy Freedom and Economic Prosperity Act proposed last week that would eliminate energy tax credits. In new markets tax credit news, he alerts listeners about this week's Novogradac New Markets Tax Credit Conference

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses two reports on tax expenditures, one from the Government Accountability Office and one from the National Taxpayer Advocate, and the Treasury Secretary Timothy Geithner's resignation and President Obama's nomination of Jack Lew. In new markets tax credit news, he invites listeners to the Novogradac New Markets Tax Credit Conference. In historic tax credit news, he alerts listeners to the National Trust for Historic Preservation's call for nominations for its 2013 list of the Most Endangered Historic Places. In low-income housing tax credit news, he discusses the U.S. Department of Housing and Urban Development's HOME and the Low-Income Housing Tax Credit Guidebook. In renewable energy news, he discusses a Journal of Tax Credits article about attracting investors to renewable energy projects.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the American Taxpayer Relief Act of 2012 (H.R. 8), as well as the issues not yet addressed by the 113th Congress. In new markets tax credit news, he shares the Community Development Financial Institutions Fund's announcement that it will announce 2012 allocations in April and the monthly Qualified Equity Investment Issuance Report. In historic tax credit news, he alerts listeners to a frequently asked question document that the National Park Service has released about application fee changes. In low-income housing tax credit news, he shares a legislative victory in Ohio for LIHTC property owners and California's 2013 and 2014 operating expense minimums. Finally, in renewable energy tax credit news, he alerts listeners to a change to the production tax credit.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the fiscal cliff, Superstorm Sandy and the National Disaster Tax Relief Act of 2012, and House and Senate finance committee changes. In low-income housing tax credit news, he analyzes the fiscal year 2013 income limits and a negative private letter ruling from the IRS. In renewable energy tax credit news, he alerts listeners to additional support for the production tax credit extension from wildlife advocates and the U.S. Department of Energy, and reveals the details of two reports, one on the solar energy market and one about Cincinnati's solar potential. In historic tax credit news, he talks about federal agencies collaborating to protect sacred tribal sites, the latest recommendations from the Missouri Tax Credit Review Commission and Gov. Cuomo's veto of a New York historic tax credit expansion. In new markets tax credit news, he reveals the results of the first-ever economic impact report from the New Markets Tax Credit Coal

In today's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, updates listeners about progress on the fiscal cliff, including the Bland Bargain and Domenici-Rivlin plan; a report from the Congressional Budget Office report on the taxation of pass-through entities; and upcoming congressional hearings. In low-income housing tax credit news, he discusses the U.S. Department of Housing and Urban Development's release and correction of the fiscal year 2013 income limits and a Government Accountability Office study of Housing and Economic Recovery Act-related changes to the LIHTC program. In renewable energy tax credit news, he discusses an Internal Revenue Service private letter ruling that affects the treatment of power purchase agreements and new regulations on tribal land surface leases. In historic tax credit news, he updates listeners about a New York state historic tax credit bill that has been sent to the governor. Finally, in new markets tax credit news, he covers a qualified equity issuance report an

In today's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, updates listeners on the fiscal cliff. In historic tax credit news, he covers a National Park Service Fee change for historic tax credit projects, a deadline extension for the Missouri Tax Credit Review Commission and the formation of an Iowa state HTC stakeholder group. In low-income housing tax credit news, he covers U.S. Department of Housing and Urban Development's utility allowance and smoke-free building policies. In renewable energy tax credit news, he updates listeners about additional support for the extension of the production tax credit. Finally, he wraps up with new markets tax credits news about a Community Development Financial Institutions Fund report on native communities' access to capital and credit.

Michael J. Novogradac, CPA, shares the investment tax credit news of the week. In general news, Mr. Novogradac discusses Congress's return and how the fiscal cliff might affect the 2013 tax season. In historic tax credit news, he alerts listeners to Sen. Charles Schumer's support of the Creating American Prosperity Through Preservation Act and the 50th anniversary of the National Historic Preservation Act. In new markets tax credit news, he alerts listeners to Sen. Schumer's and charter school officials' support of a NMTC program extension. In low-income housing tax credit news, he shares the latest for the Small Area FMR Demonstration program and a canceled utility submetering hearing. In renewable energy news, he shares two reports: one on jobs and one on states' renewable energy projects and programs.

Michael J. Novogradac, CPA, discusses the negotiations surrounding the fiscal cliff, prospects for a Superstorm Sandy federal recovery bill, a recent hearing and guidance on proposed regulatory capital rulemakings under Basel III and the FHA's annual financial status report in general tax credit news. The historic tax credit news segment features an announcement of historic preservation training opportunities through the Advisory Council on Historic Preservation and news from Alabama on the possible creation of a state-level historic tax credit program. Low-income housing tax credit news includes a discussion of the Federal Housing Finance Agency's multifamily affordable housing goals for Fannie Mae and Freddie Mac, as well as the New York Department of Homes and Community Renewal's decision to extend its funding application deadline after Hurricane Sandy. In renewable energy tax credit news, he discusses the Governors' Wind Energy Coalition's efforts to extend the wind PTC and provides state renewable energy

Michael J. Novogradac, CPA, discusses the latest tax credit news. In general news, he discusses the election results and potential changes to congressional committees as well as recent comments from lawmakers about the fiscal cliff. In low-income housing tax credit news, he alerts listeners to the Internal Revenue Service's waiver of income requirements for families displaced by Hurricane Sandy and a comment deadline for Form 8611, as well as MaineHousing's new smoke-free policy. In historic tax credit news, he touches on the way states are assessing Hurricane Sandy's damage to historic properties. In new markets tax credit news, he discusses a proposal for a Gulf Opportunity Zone-like tax credit for Hurricane Sandy affected areas and alerts listeners to the availability of Novogradac and Company's recording of its NMTC Conference in New Orleans last month. Finally, his renewable energy tax credit segment features renewable energy organizations' response to the election.

Michael J. Novogradac, CPA, discusses the latest tax credit news in the Nov. 6, 2012 Tax Credit Tuesday podcast. In general news, he recaps the seats up for grabs in Congress and across the nation, and alerts listeners to the potential for GO Zone-like legislation for Hurricane Sandy-affected areas, an extension of New York's brownfield tax credit and Novogradac & Company's new St. Louis, Mo. office. In new markets tax credit news, he talks about the extension of the qualified equity investment issuance deadline for allocattees affected by Hurricane Sandy and the latest QEI Issuance report. In low-income housing tax credit news, he reminds property owners of a cost of living increase for Social Security recipients that will affect calculation of household income. In historic tax credit news, he informs listeners about a conversation during which an IRS official said that the Historic Boardwalk Hall decision was not intended to challenge historic tax credits and alerts listeners to an upcoming Advisory Council

Michael J. Novogradac, CPA, discusses the latest tax credit news in the Oct. 30, 2012 Tax Credit Tuesday podcast. In general tax credit news, he discusses a new pamphlet about jobs and taxes from President Obama's re-election campaign and a call to strengthen bank's capital standards. In new markets tax credit news, he reminds listeners of the recent QEI deadline for CDEs that applied in the 2012 allocation round and discusses an eligibility and transition FAQ document that the CDFI Fund has released. In low-income housing tax credit news, he follows up on how changes in rural population could affect property income limits. Additionally, he covers a report on housing and transportation costs for moderate-income households and a new community planning and development income eligibility calculator from the U.S. Department of Housing and Urban Development. In historic tax credit news, he provides listeners with an update on the Historic Boardwalk Hall case and increasing support for Rhode Island's state HTC. Fin