Sign Up For Novogradac Industry Alert Emails

March 4, 2014

Published by Michael J. Novogradac on March 4, 2014, 1 p.m.

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses House Ways and Means Committee Chairman Dave Camp’s release of a discussion draft of tax code reform proposals and a little about the fiscal year 2015 budget. In low-income housing tax credit news, he analyzes the calendar year 2014 population estimates, discusses the extension of the Physical Inspection Pilot program and alerts listeners to changes in Ohio’s policies for change of management or ownership of LIHTC properties. In new markets tax credit news, he alerts listeners to a change in the amount of allocation authority the Community Development Financial Institutions Fund will award this year. In historic tax credit news, he discusses a recent U.S. Tax Court case in which the court ruled that a state tax credit transaction was a disguised sale. In renewable energy tax credit news, he shares responses from the U.S. Department of the Treasury about the possibly of using investment or production tax credits to offset lower amounts of Section 1603 cash grant funding caused by sequestration and he discusses a recent report from the National Renewable Energy Laboratory about the effectiveness of statelevel solar development policies

Learn more about Novogradac's expertise and many services