March 19, 2013

Published by Michael Novogradac on Tuesday, March 19, 2013 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a document from Rep. Dave Camp aimed at reforming the tax code for small businesses and an announcement from Rep. Pat Tiberi that the Select Revenue Measures subcommittee would hold a meeting on financial products tax reform, as well as several upcoming hearings and key dates. In historic tax credit news, he discusses a bill that would make permanent enhanced tax incentives for conservation easements, a report from the Office of the Chief Financial Officer of the District of Columbia that analyzes how state historic tax credits affect the leveraging of resources through the federal HTC and the Ohio Historic Preservation Tax Credit program’s 10th application round. In low-income housing tax credit news, he alerts listeners to a request for comments from the Financial Accounting Standards Board Emerging Issues Task Force about limited partnerships and a document from the American Bar Association’s Section on Taxation that offers suggestions for simplifying the tax code for real estate.