April 2, 2013

Published by Michael Novogradac on Tuesday, April 2, 2013 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, reminds listeners about President Obama’s soon-to-be-released fiscal year 2014 budget and upcoming congressional hearings and alerts listeners to a potential change in the business interest deduction and an upcoming U.S. Department of Housing and Urban Development oversight hearing. In low-income hosing tax credit news, he discusses Novogradac & Company’s new analysis of the effect of tax reform on the LIHTC and provides some preliminary analysis about the 2013 population figures released last week. In historic tax credit news, he covers the latest in the Historic Boardwalk Hall case and an extension of the New York HTC program. In new markets tax credit news, he discusses bills in California and Arkansas that would create statelevel NMTC programs. Finally, in renewable energy tax credit news, he discusses a recent audit of the advanced energy manufacturing tax credit and a rulemaking hearing for Oregon’s business energy tax credit.