May 21, 2013

Published by Michael Novogradac on Tuesday, May 21, 2013 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses doubts raised about tax reform in the wake of recent scandals at the Internal Revenue Service, a Senate Finance Committee paper that details tax reform options and a House Ways and Means Committee hearing on small business tax reform. In historic tax credit news, he tells listeners about a National Park Service report commemorating the 35th anniversary of the historic tax credit program, the recently enacted Alabama historic tax credit program and the possible reestablishment of the Rhode Island historic tax credit. In low-income housing tax credits, he reports on a Center for Housing Policy report that found that the low-income housing tax credit promotes the interests and wellbeing of children. In new markets tax credit news, he discusses Louisiana state tax credits that avoided the chopping block.