Company:

About the Firm

Novogradac & Company LLP is a national certified public accounting and consulting firm headquartered in San Francisco, Calif., with offices in metro Atlanta, Ga., Kansas City, Mo., and Washington, D.C., as well as in Austin, Texas; Dover, Columbus and Cleveland, Ohio; Boston, Mass.; Portland, Ore.; New York, N.Y. and Long Beach, Calif. The firm maintains clients in a broad range of industries with a major emphasis in the real estate sector, providing publicly and privately held national and multinational enterprises with a full spectrum of audit, tax, valuation, trust and litigation support and general consulting services.

The firm offers cost-effective audit, tax and consulting services to a variety of industries and clients, most notably in the real estate industry, including not-for-profits, government agencies, development and construction companies, real estate investment companies and securities firms. Examples of general consulting services include preparation of financial forecasts, pro formas, business advisory consulting services, tax consulting and tax compliance assistance, risk management services, litigation trust fund services, cost segregation reports, defeasance transaction services, and miscellaneous agreed-upon procedures reports. The firm takes care to fully understand the nature of the client's business and can provide tax and accounting advice as needed throughout the process.

Novogradac & Company LLP works extensively in the affordable housing, community development and renewable energy fields, providing tax, accounting, auditing and valuation services to affordable housing projects. A snapshot of its services include compiling financial forecasts used to support partnership agreements, preparing partnership returns and Schedules K-1 for investors, and performing financial statement audits. In connection with various state housing agency and IRS requirements, the firm also prepares tax credit applications, performs final cost certification audits and performs carryover allocation (10 percent test) audits. In addition, the firm provides valuation services such as market studies, feasibility analysis and appraisal services for fair market rate and affordable housing developments.

Novogradac & Company LLP’s practice includes work involving renewable energy tax credits, specifically the production tax credit for wind and the investment tax credit for solar, providing consulting, tax, accounting and auditing to renewable energy projects. The firm serves a variety of participants in the renewable energy industry, including developers, investors and installers providing them with services such as compiling financial forecasts used to support partnership agreements, preparing partnership returns and Schedules K-1 for investors, and performing financial statement audits. In connection with various investor requirements, the firm also performs final cost certification audits.

Novogradac & Company LLP is a proven leader in the New Markets Tax Credit (NMTC) program, a significant public and private partnership created to encourage investors to make investments in distressed communities and promote economic improvements through the development of successful businesses in these communities. The firm offers consulting and tax services for NMTC investors, for-profit and not-for-profit developers, community development entities (CDE), accountants, government agencies and others whose goal is to create successful strategies for the building and rebuilding of successful communities. Novogradac & Company LLP can help in structuring deals, CDE certification applications, NMTC allocation applications, annual audit and tax services, creation of compliance programs, investor negotiations, structuring private letter ruling requests, creation of financial pro-formas and investment due diligence.

Novogradac & Company LLP has consulted for 20 years on thousands of real estate projects and maintains client relationships with the leading affordable housing sponsors in the industry. Value-added services and solutions that are based on innovative thinking and effective implementation are the foundation on which the firm has developed the critical resources necessary to provide outstanding professional services. The firm is dedicated to meeting client needs in a thorough, efficient and creative manner.

The firm’s partners have published numerous affordable housing industry related articles in national newspapers and highly regarded trade journals. In addition, Novogradac & Company LLP partners are the authors of the Low-Income Housing Tax Credit Handbook, the nation's leading authoritative guide to affordable housing development. The partners also write and publish the Low-Income Housing Tax-Exempt Bond Handbook; LIHTC Property Management Book; and the New Markets Tax Credit Handbook, as well as other comprehensive affordable housing finance reference books. In addition, the firm publishes three industry periodicals: the Novogradac Journal of Tax Credit Housing, a 52-page, full color publication offering news, features and commentary on the low-income housing tax credit, tax-exempt bond and valuation/market studies industry; the Property Compliance Report, dedicated to reporting on low-income housing tax credit compliance; and the New Markets Tax Credit Report, a monthly newsletter that addresses the regulations, legislation and industry issues surrounding the NMTC program.

Novogradac & Company LLP sponsors affordable housing, renewable energy and real estate-related conferences coast to coast. The conferences attract hundreds of the industry's leading experts and participants nationwide. The firm also conducts workshops on a variety of affordable housing-related subjects and the NMTC program.  Because of their industry expertise, the partners are frequently invited to speak at seminars and conferences throughout the country. Many Novogradac & Company LLP professionals are former associates of international accounting and appraisal firms.