March 5, 2013

Published by Michael Novogradac on Tuesday, March 5, 2013 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the effect of the sequester, potential tax reform and public welfare investments. In historic tax credit news, he alerts readers to the reintroduction of a bill that would extend historic tax credits to homeowners and the introduction of a bill in Georgia that would expand that state’s historic tax credit program. In low-income housing tax credit news, he discusses a report that calls for more balance in choosing locations for LIHTC developments. In renewable energy tax credit news, he discusses a report from the Bipartisan Policy Center that recommends extending the production tax credit and then phasing it out the by the end of 2016. In new markets tax credit news, he reviews highlights from the CDFI Fund’s first “Year-in-Review” and a bill to extend the Missouri NMTC program.