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 August 13, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the potential timing of the opening of the next round for the new markets tax credit. He also discusses when Treasury might finalize opportunity zones regulations. He closes out with HUD’s announcement that the Federal Housing Administration will insure mortgages on mixed-use development in opportunity zones.

Published by Michael Novogradac on August 6, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the budget and debt limit agreement becoming law and what’s next for Congressional appropriators. He also discusses the status of the Senate Finance Committee’s tax extenders task forces and when their findings might be released, as well as what Democrat presidential candidates have to say about affordable housing and renewable energy. He closes out with an update on the new Congressional district fact sheets from the ACTION Campaign and a legal opinion on the state historic tax credit from the Arkansas Department of Finance and Administration.

Published by Michael Novogradac on July 30, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about what the House spending and debt limit agreement could mean for tax extenders. He also discusses the Renewable Energy Extension Act and a bill to extend the Community Development Block Grant-Disaster Recovery program indefinitely. He then closes out with news on a remediation bill for properties in opportunity zones, legislation to strengthen inspection standards for HUD-subsidized properties, a HUD memo for owners and managers of multifamily properties and state-level updates on opportunity zones investments in Ohio and certain historic tax credit investments in Rhode Island.

 

Published on July 23, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the agreement on discretionary spending levels and debt limit suspension [1:26}. He also discusses guidance issued last week by the Securities and Exchange Commission and the North American Securities Administrators Association concerning investments in opportunity zones [6:59]. He moves on to IRS final regulations about Section 50(d) income [9:49]. He then closes out with news on a New Markets Tax Credit Coalition report, the ADVANCE Act of 2019, a new chapter in the HUD Housing Choice Voucher Guidebook, an advocacy letter to Congress asking to extend the investment tax credit and Pennsylvania conforming to the Internal Revenue Code for OZ investments [11:42].

 

Published by Michael Novogradac on July 16, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the timing of a possible tax extenders vehicle [2:10] and the introduction of a bill to make the Community Development Block Grant-Disaster Recovery program permanent [4:22]. After that, he has a recap of the Treasury’s hearing last week on proposed opportunity zones regulations [6:05]. He closes out this week’s podcast with a couple of state-level tax incentive updates: one from Hawaii and the other from Rhode Island [15:08].

Published by Michael Novogradac on July 9, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the schedule for Congress, some upcoming deadlines and how those deadlines affect possible tax extenders [1:38]. Then, he touches on an important Treasury hearing occurring today [7:20]. After that, he provides updates on several items, including an important memo from the IRS, news from the National Park Service and state-level information from West Virginia and Delaware [9:03].

Published by Michael Novogradac on July 2, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about a new White House council to address affordable housing barriers [01:50]. Then he outlines a bill designed to apply on a retroactive basis to low-income housing tax credit properties, in an effort to mitigate the removal of rent restrictions [2:27]. After that, he discusses bipartisan legislation to authorize an additional $500 million in new markets tax credit allocation authority annually for certain rural communities in 2019 and 2020 [07;03]. He then shares cosponsor updates on legislation to make the new markets tax credit permanent [08:39], as well as news about opportunity zones and opportunity funds [11:09]. After that, he has updates on several items, including the state of the nation’s housing, the Capital Magnet Fund, a renewable energy bill and news from several states on opportunity zones, low-income housing tax credits and new markets tax credits [12:28].

Published by Michael Novogradac on June 25, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about how Ways and Means Committee Democrats are proposing a tax-extenders package. He also discusses the IRS updating its Opportunity Zones Frequently Asked Questions page to address Section 1231 gains invested in 2018 [2:25]. He then moves on to the effort by Senate Democrats to extend the renewable energy investment tax credit [8:02]. Next, he talks about a report on the persistent gap between renters’ wages and the cost of rental housing [9:07]. After that, he outlines a proposal to create a new single-family housing tax credit [11:07]. He closes out with the latest qualified equity investment issuance report from the CDFI Fund, and some news from Michigan and West Virginia and how proposed legislation could increase opportunity zones investments in those states [13:16].

Published by Michael Novogradac on June 18, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares an update on the status of a House Democrat-led tax extenders package [1:37]. Then, he has news about an opportunity zones extension bill [4:05] and a decision to make opportunity zones an investment priority for the U.S. Economic Development Administration [5:37]. Next, he summarizes a couple of comment letters on proposed opportunity zones regulations [6:28]. He also shares the Federal Housing Finance Agency’s latest report to Congress and the status of housing finance reform efforts [8:28]. He closes out with state legislative news and an update on the inflation adjustment for calculating the wind production tax credit [10:00].

Published by Michael Novogradac on June 11, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about Novogradac’s 2019 NMTC Spring Conference [1:50], as well as provides an update on the Affordable Housing Tax Credit Improvement Act [6:44]. He also discusses information about a proposed change in how HUD calculates fair market rents [8:31]. He closes with updates on some federal budget items and state-level news from Nevada, Louisiana, Minnesota and Alabama [11:04].