Sign Up For Novogradac Industry Alert Emails

IRS INVITES GUIDANCE ON SEVERAL LIHTC REGULATIONS

Tuesday, July 6, 2010 - 9:15AM

The Internal Revenue Service (IRS) today invited comments concerning existing final regulations, Treasury Decision (T.D.) 8430, Procedure for Monitoring Compliance With Low-Income Housing Credit Requirements; T.D. 8521, Rules To Carry Out the Purposes of Section 42 and for Correcting Administrative Errors and Omissions; and T.D. 8859, Compliance Monitoring and Miscellaneous Issues Relating to the Low-Income Housing Credit. No changes are proposed to the regulations at this time; the comment request was issued as part of the Treasury Department’s continuing effort to reduce paperwork and respondent burden as required by the Paperwork Reduction Act of 1995. Written comments should be received on or before September 7, 2010 to be assured of consideration.

Learn more about Novogradac's expertise and many services