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November 1, 2011

Published by Michael J. Novogradac on Nov. 1, 2011, 9:45 a.m.

Michael J. Novogradac, CPA, discusses Rep. Dave Camp’s draft tax reform; the Super Committee’s progress; the status of federal appropriations; the launch of the Bipartisan Housing Commission; the brief filed by the IRS in its appeal of the Historic Boardwalk Hall case; the next meeting of the Advisory Council on Historic Preservation; the provisions of the Community Wind Act; key points of two new private letter rulings; the findings of project level audits of Section 1603 cash grants; an update on Oklahoma’s state tax credit task force; the 2012 difficult development areas; the IRS’s audits of multifamily housing bonds; $20 million in additional state low-income housing tax credits in Massachusetts; new NMTC project data; and the CDFI Fund’s new deputy director, Dennis Nolan.

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