June 28, 2016

Published by Novogradac & Company LLP on Tuesday, June 28, 2016 - 1:00pm

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts off with the general news section where he shares details from the House Republican tax reform plan released on Friday and a bill that would put partnerships on level ground with corporations when it comes to paying taxes on such things as grants from state or local governments. In the low-income housing tax credit section, he discusses two bills that would drastically change the way certain housing subsidies are administered. He also discusses the latest “State of the Nation’s Housing Report.” In new markets tax credit news, he shares some good news about Enterprise Zone designations that will benefit businesses across the country. In the historic tax credit section, he talks about the latest guidance released by the National Park Service on seismic rehabilitation of historic properties. He closes out with renewable energy tax credit news, where he highlights a bill that would create a 30 percent investment tax credit for renewable energy storage.