WASHINGTON, D.C. – May 2, 2012
The Internal Revenue Service (IRS) today issued Revenue Procedure 2012-27, which describes how to make the notifications required to begin the three-year statutory period for assessing a deficiency resulting from a reduction in the qualified basis of a low-income housing tax credit (LIHTC) building that occurs after the taxpayer disposes of the building (or an interest therein)... Full Article

WASHINGTON, D.C. – May 2, 2012
The Internal Revenue Service (IRS) will formally publish final regulations tomorrow regarding low-income housing tax credit (LIHTC) qualified contract rules... Full Article

Historic Rehabilitation Handbook
The 2009 edition of the Historic Rehabilitation Handbook incorporates several improvements to the historic tax credit that came about from the passage of the Housing and Economic Recovery Act of 2008.More Info.

Low-Income Housing Tax Credit Handbook
The Low-Income Housing Tax Credit Handbook is the nation's leading authoritative guide for affordable housing owners, developers and managers, as well as for those who counsel them, is an essential part of all tax credit housing professionals' libraries.More Info.

WASHINGTON, D.C. – May 22, 2012
Ways & Means Committee Chairman Dave Camp, R-Mich., announced last week that the Select Revenue Subcommittee would hold a hearing on the tax extenders in early June... Full Article

WASHINGTON, D.C. – May 23, 2012
President Barack Obama will visit an Iowa wind turbine manufacturer tomorrow where he call on Congress to extend the energy production tax credit (PTC) and 48C advanced energy manufacturing tax credit... Full Article

Washington, D.C. – April 12, 2012
The U.S. Department of Housing and Urban Development (HUD) today issued a request for comment on a proposed rule regarding the eligibility and qualifications of underwriters and lenders participating in Multifamily Accelerated Processing (MAP) for Federal Housing Administration loan applications... Full Article