October 26, 2010

Published by Michael Novogradac on Tuesday, October 26, 2010 - 11:30am

Michael J. Novogradac, CPA, shares updates on tax extenders and the president’s fiscal reform commission. Then, he discusses an announcement for Recovery Act’s Section 1602 grant recipients and reviews the findings of a GAO
report on the reporting requirements of three HUD programs, including the Tax Credit Assistance Program. Next, he talks about the announcement of Ohio’s first round of state new markets tax credits awards and two announcements from the CDFI Fund. Then he previews historic tax credit articles from November’s Journal of Tax Credits. Finally, he discusses the Lead by Example initiative program in Massachusetts and talks about a video released by the American
Wind Energy Association that refutes some recent criticisms that have been made about the Recovery Act’s Section 1603 cash grant in lieu of renewable energy tax credit program.