April 25, 2017

Published by Michael Novogradac on Tuesday, April 25, 2017 - 1:00pm

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, begins with the general news section, where he talks about efforts to keep the government funded past Friday, when the continuing resolution expires. He also discusses the latest updates from Washington on tax reform efforts. In addition, he shares the IRS’ invitation to submit comments on the 2017-2018 priority guidance plan. In low-income housing tax credit news, he continues last week’s discussion about the release of the fiscal year 2017 income limits. In the new markets tax credit section, he provides an update on the New Markets Tax Credit Extension Act of 2017. Then, he shares information from the latest qualified equity investment issuance report and how listeners can get notified as soon as the notice of allocation authority is released for the next new markets tax credit allocation round. He closes out with the renewable energy tax credit news section, where he shares two state legislation updates: one from Maryland and the other from Oklahoma.