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 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].

Published by Michael Novogradac on June 4, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about reintroduction of the Affordable Housing Credit Improvement Act, a bipartisan bill that would improve and expand the low-income housing tax credit [1:29]. He also talks about the latest news on privatizing Fannie Mae and Freddie Mac [6:33]. Then, he shares brief news on HUD’s proposal to revise information collected for its low-income housing tax credit database [7:50]. He closes out with state news from Alabama and California [8:12].

Published by Michael Novogradac on May 28, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, covers the 15th round of new markets tax credit allocation awards [2:23] and provide highlights of the recent renewable energy tax credit conference in San Francisco [5:16]. He then shares updates on proposed spending legislation for HUD [9:19], as well as disaster relief legislation [10:54], and the status of the Senate Finance Committee’s task forces on temporary tax provisions [11:46]. He closes with state news from West Virginia, Alabama, North Carolina and South Carolina [12:58]. 

Published by Michael Novogradac on May 21, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts off with the current status of federal government budget negotiations [2:17] and the announcement of Senate Finance Committee task forces on tax extenders [4:26]. He then talks about the introduction of the Historic Tax Credit Growth and Opportunity Act (HTC-GO) in the House [9:25], as well as the introduction of the Renewable Energy Transferability Act, a bill to make the renewable energy tax credit accessible to more investors [11:49]. He has an update on housing finance reform [12:55]. He also shares brief news from HUD on identifying former tenants who owe a debt to a public housing agency. Then, he has news about the 2019 round of the Capital Magnet Fund. After that, he discusses opportunity zones legislation in Puerto Rico, low-income housing tax credits in Colorado and Missouri, and state historic tax credits in Georgia [13:58].

Published by Michael Novogradac on May 14, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, starts off with House passage of a disaster relief bill that includes $2.2 billion in community development block grant-disaster recovery funding [2:23]. He also has news about an opportunity zones reporting bill [4:07] and legislation to replace current renewable energy tax credits with new technology-neutral credits [5:49]. He also talks about a hot topic that affects housing finance agencies, low-income housing tax credit property owners, and likely, the tenants of those properties [6:56]. He also has brief news from HUD on eligibility for housing assistance and guidance on calculating the over-income limit for public housing. Then, he touches on opportunity zones news related to a Freddie Mac report and to Federal Housing Administration affordable housing incentives. After that, he will have updates from various states relating to state LIHTCs, historic tax credits and linking state incentives with federal opportunity zones [10:04].

Published by Michael Novogradac on May 7, 2019

In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares an update from the 2019 Affordable Housing Conference Novogradac hosted last week in San Francisco [3:03]. He also shares highlights and key takeaways from last week’s House Financial Services Committee hearing that examined the infrastructure needs of the country’s affordable housing stock [7:43]. He will also talk about the latest updates for the Novogradac Rent and Income Limit Calculator©. He closes out with news on the New Markets Extension Act of 2019, as well as some information on the latest state tax credit bills [10:16].