December 10, 2019

Published by Michael Novogradac on Tuesday, December 10, 2019 - 12:15pm

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about what to expect from opportunity zones guidance submitted by the Treasury Department to the Office of Information and Regulatory Affairs. Then, he discusses the opportunity zones reporting bill, or the IMPACT Act, that was introduced last week. Next, he provides an update on the Novogradac Opportunity Funds Listing, and recaps some important highlights of the Novogradac 2019 Tax Credit Housing Finance Conference. He also discusses potential year-end tax deals to expect as the government approaches another funding deadline, and talks about final regulations for BEAT that were released by the IRS last week. In other news, he talks about the Renewable Energy Investment Act of 2019 that was introduced in the House, and shares that the U.S. Department of Education will be giving priority to grant applications that propose to serve opportunity zones. Finally, he talks about the application for the Multifamily Coal Trust Homes Program in Montana.