Tax Credit Tuesday Podcasts

Each Tax Credit Tuesday, Novogradac & Company LLP's audio broadcast offers an in-depth weekly look at tax credit topics. A new episode is posted here and on the RSS Feed by 1 p.m. Pacific Time every Tuesday.

Published by Michael Novogradac on April 2, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses the timing of the release of the 2019 income limits for tax credit and bond financed housing [1:46], a Trump administration memo calling for housing finance reform [2:37], a summary of key congressional hearings [5:38] and forthcoming legislation on opportunity zones reporting requirements [7:46]. He also shares, brief news on new markets tax credit extender legislation cosponsors, an updated FAQs document on new markets credit compliance, federal opportunity zones and homelessness prevention bills and some state bills designed to increase private investment in community development [12:51]. 

Published by Michael Novogradac on March 27, 2019

Special Edition of the Tax Credit Tuesday Podcast

Published by Michael Novogradac on March 26, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares news on House and Senate hearings on disaster recovery [2:09], tax reform and housing finance reform. He also has an update on the status of the nomination of Mark Calabria as the next Federal Housing Finance Agency director [4:36]. He talks about when Congress may consider tax extender and disaster relief legislation [5:40]. Then, he highlights certain key issues he’s hoping will be addressed in opportunity zones guidance that could help increase investment in underserved areas [7:11]. After that, he has some brief news relating to veteran housing and private activity bonds, low-income housing tax credit and private activity bond allocations for 2019 and HUD inspections. He closes with some state efforts to increase community development and historic preservation investments through tax incentives [12:39].

Published by Michael Novogradac on March 19, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares news of when listeners could expect the next tranche of opportunity zones guidance [2:35]. He also discusses which housing and community development programs the White House 2020 budget request proposes to cut [8:28]. He has new markets tax credit extenders legislation news [12:10] and program updates [15:27], as well as news about a reintroduced bill that could fund 3.2 million new homes for low- and middle-income families over 10 years [18:15]. After that, he shares some brief news including some state-level legislative updates that could attract more affordable housing, community development and renewable energy investment in those states [19:29].

Published by Michael Novogradac on March 12, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares the latest legislative efforts to extend and expand the new markets tax credit [2:04]. He also talks about a bill to create infrastructure bonds and infrastructure tax credits [8:20], as well as the status of proposals to expand the renewable energy investment tax credit to include energy storage [9:25]. There is also an upcoming hearing on proposed regulations for the base-erosion and anti-abuse tax, or BEAT for which he will share details [10:38]. He also has an important update on the status of certain historic preservation certification applications under review by the National Park Service [12:12]. He closes with state legislation updates on various tax incentives that could help increase private investment in those states [13:12].

Published by Michael Novogradac on March 5, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares news about the status of tax extenders and what that could mean for the need to extend 2018 returns [2:12]. He also talks about financing infrastructure reform [7:31] and details about released utility allowance regulations for LIHTC properties [9:41]. From there, he has a brief update on what the confirmation of a new IRS chief counsel means for future tax regulation [11:54]. He also touches on an upcoming affordable housing hearing that could spotlight the Affordable Housing Credit Improvement Act, a LIHTC bill that could be reintroduced soon [13:23]. After that, he discusses how the White House fiscal year 2020 budget proposal could propose cutting HUD and USDA housing program funds. He also has some announcements from HUD on the inclusion of Section 202 contracts in the Rental Assistance Demonstration program and the expected announcement of Housing Trust Fund allocations. He closes with some state news regarding opportunity zones as well as the LIHTC [14:24].

Published by Michael Novogradac on February 26, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, has news about a high-profile stop on Sen. Tim Scott’s Opportunity Tour, a tour that highlights the opportunity zones tax incentive [2:12]. He also shares news regarding HUD’s announcement last week of an expanded pilot debt program for low-income housing tax credit properties [5:22], as well as a significant shortening of the notification period before a HUD physical inspection [7:57]. After that, he talks about the Senate Banking Committee’s consideration of key nominations, including that of Mark Calabria as the head of the Federal Housing Finance Agency. He also discusses some delayed CDFI Bond Guarantee deadlines. He closes with several state-level updates about low-income housing tax credit, historic tax credit and opportunity zones legislation [8:39].

Published by Michael Novogradac on February 19, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the enacted appropriations bill for fiscal year 2019 [1:49], last week’s opportunity zones hearing [4:17] and announcements from the CDFI Fund [8:32, 10:12]. He closes with the nomination of Mark Calabria as head of the FHFA, as well as a summary of three introduced state tax bills [10:45].

Published by Michael Novogradac on February 12, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, will start with a brief update on efforts to prevent another government shutdown [1:20], as a tentative agreement was reached last night. From there, he shares an overview of two important upcoming IRS [3:38] and congressional hearings [7:19], an update on potential infrastructure financing reform [11:51] and a brief tidbit on a recent summary judgement ruling in a low-income housing tax credit disparate impact case [13:12]. He closes with opportunity zones news from New York and low-income housing tax credit news from California [15:39].

Published by Michael Novogradac on February 5, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts off with a brief summary of how federal agencies are working to minimize the effects of the government shutdown on affordable housing, community development and historic preservation incentives [3:07]. He then shares an update on a possible legislative vehicle for extending many expired tax provisions, known as tax extenders [11:05]. He follows with news on housing finance reform [13:21]. He closes with news about updated national median income estimates and a request to the IRS to clarify a certain use of multifamily private activity bonds [16:40].