Articles

Tax Reform Finally Moves to Center Stage
Published by Michael Novogradac. September 1, 2017

Summary
Nearly seven months into the 115th Congress–after multiple attempts to repeal the Affordable Care Act–the so-called “Big Six” unveiled their joint statement on comprehensive tax reform in midsummer, setting up a potentially big autumn.

Washington Wire: Comprehensive Tax Reform Probably Coming but Questions Remain
Published by Michael Novogradac on Wednesday, February 1, 2017

Summary
While comprehensive tax reform seems inevitable to many in the 115th Congress, how it will happen and what it will look like remain a mystery. We have breadcrumbs leading us to the path that includes the method and key provisions, although history suggests that “comprehensive” tax reform–which means significantly altering the tax code in addition to changing tax rates–is no slam-dunk.

Presidential Election, Impending Tax Reform Create Uncertainty Among LIHTC Participants
Published by Mark O’Meara on Wednesday, January 4, 2017

Summary
Comprehensive tax reform is on the minds of low-income housing tax credit (LIHTC) industry participants now more than ever. With President-elect Donald Trump to take office Jan. 20, the industry is waiting to see what tax reform may look like, creating a level of uncertainty in the LIHTC market.