September 24, 2013

Published by Michael Novogradac on Tuesday, September 24, 2013 - 1:00pm

In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, updates listeners on the fiscal year 2014 budget and the approaching debt ceiling, and the Volcker Rule. In lowincome housing tax credit news, he discusses proposed regulations from the Internal Revenue Service and an upcoming hearing about tax-exempt bond arbitrage rebate regulations, as well as two Senators’ visit to tribal lands in Montana. In renewable energy tax credit news, he shares recent guidance from the Office of the Comptroller of the Currency about public welfare investments in wind energy projects. In new markets tax credit news, he discloses the record number of signatories to a letter that the New Markets Tax Credit Coalition has sent to Congress in support of the program. In historic tax credit news, he reveals that the Advisory Council on Historic Preservation has released a Section 106 toolkit.