June 18, 2013

Published by Michael Novogradac on Tuesday, June 18, 2013 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the comment letters submitted in response to the Financial Accounting Standards Board’s exposure draft of the proposed accounting standards update regarding affordable housing investments. In new markets tax credit news, he alerts listeners to a bill to make the new markets tax credit permanent and to the launch of the CDFI Bond Guarantee program. In historic tax credit news, he discusses an extension of Louisiana’s historic tax credit and reminds listeners that there is still time to nominate projects for the Novogradac Journal of Tax Credits Historic Rehabilitation Awards. In low-income housing tax credit news, he invites listeners to Novogradac’s first Nonprofit Developers Conference and updates them on the fiscal year 2014 farm bill, which includes a rural status provision. In renewable energy tax credit news, he talks about the Solar Energy Industries Association’s Q1 2013 report on solar energy installed and a Nebraska sales tax exemption for the purchase of wind turbines, towers and other wind farm components.