Sinopsis
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.
Episodios
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July 17, 2018
17/07/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, provides an update on Treasury appropriations legislation [2:40] and when listeners can expect Treasury to release opportunity zones guidance [3:20]. Then, he revisits an important discussion on why a tax credit structure for the new markets tax credit subsidy is more efficient than a proposed grant replacement program [6:40]. After that, he discusses information about Fannie Mae and Freddie Mac's Duty-to-Serve plans [9:49]. He wraps up today's podcast with an announcement from the CDFI Fund about new markets tax credit allocation application reviewers for 2018 and news about the state historic tax credit programs in Missouri and Delaware [11:20].
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July 10, 2018
10/07/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares some news about two notices concerning the HUD Rental Assistance Demonstration program [1:39]. He also provides information about a recent Opportunity Zones Coalition letter requesting guidance from the Treasury Department and IRS concerning opportunity zones [5:01]. He wraps up this week's episode with a roundup of other industry headlines [9:31].
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July 3, 2018
03/07/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares an announcement from the CDFI Fund on issues with its Community Investment Impact System [1:59]. Then, he provides an update on the status of Republican plans to roll out a second round of proposed tax cuts [2:37]. After that, he shares how a proposal by the Trump administration to reorganize federal agencies could affect departments that administer housing and community development programs [4:18]. He also has a brief recap of the HUD oversight hearing last week for the House Financial Services Committee and discusses a new bill to restore HUD fair housing tools [6:56]. Then, he discusses a quick update on the nomination of a new IRS commissioner [7:43]. He wraps wrap up the episode with a roundup of industry headlines related to opportunity zones and the wind production tax credit [8:19].
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June 26, 2018
26/06/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares an update on legislation to cut funding for critical affordable housing and community development programs [2:18]. After that, he discusses a Senate committee hearing to consider the nomination of Charles Rettig as the next IRS commissioner [3:41]. Then, he talks about a bill advanced by the Senate Appropriations Committee to provide fiscal year 2019 appropriations for financial services and general government appropriations [5:14], followed by highlights from the annual State of the Nation's Housing report [6:21]. In renewable energy news, he outlines new guidance from the IRS on begin-construction requirements (Notice 2018-59) for the investment tax credit [8:33]. He wraps up this week's episode with a roundup of other industry headlines related to opportunity zones, fair housing and a Massachusetts State Supreme Court ruling on a nonprofit's right of first refusal to purchase a low-income housing tax credit property [9:53].
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June 19, 2018
19/06/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the latest news on reforming the Community Reinvestment Act [2:10] and some recommendations for the IRS on clarifying income-averaging requirements [3:33]. He also discusses the final round of opportunity zones designations [4:45] and the recently updated opportunity zones frequently asked questions page [5:27]. He also talks about a new bill that could help strengthen the federal historic tax credit [7:32] and he'll have an update on efforts to increase appropriations for the CDFI Fund [9:14]. Finally, he shares a roundup of other industry headlines, including news about Section 8 renewal funding inflation factors, the 2018 round of the CDFI Bond Guarantee program and more [10:02].
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June 12, 2018
12/06/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares some insights from the NMTC Coalition's Bob Rapoza on a possible vehicle for new markets tax credit extender legislation. He also provides updates on the recently revised new markets tax credit allocation application and FAQs document. After that, he discusses the Senate Appropriations Committee's Transportation-HUD funding bill and efforts by a House Democratic group to increase affordable housing funding. Finally, he shares some news on Housing Trust Fund allocations and new guidance on California's state low-income housing tax credit.
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June 5, 2018
05/06/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses a revised low-income housing tax credit Form 8609 that reflects the new income averaging minimum set aside [2:04], as well as how a change in Missouri's state leadership can affect the state's low-income housing tax credit and historic tax credit [4:27]. He also talks about changes to the Community Reinvestment Act suggested by a group of Democratic senators [8:08]. Then, he briefly touches on the status of a HUD appropriations bill for 2019 [9:29]. After that, he shares some other affordable housing, community development and historic preservation headlines from the past week [10:48].
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May 29, 2018
29/05/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about Brian Montgomery's confirmation as Federal Housing Administration commissioner [2:15]. He also shares details about the recently enacted banking regulatory reform bill (S. 2155) [3:50], about a recent hearing on reforming Fannie Mae and Freddie Mac [5:26], and shares information on a fiscal year 2019 financial services appropriations bill [7:07]. After that, he discusses some important news about the new markets tax credit allocation electronic application. And from there, he provides information about a couple of Financial Services Committee bills and about HUD Capital Fund allocations. He closes with an update on Colorado's state low-income housing tax credit [8:26].
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May 22, 2018
22/05/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares some insights from the25th Annual Novogradac Affordable Housing Conference last week [2:41]. Then, he talks briefly about the latest opportunity zone designations [4:50]. After that, he goes over the Housing Choice Voucher Mobility Demonstration Act of 2018 (H.R. 5793) [5:39], some fair housing announcements from HUD [7:10] and a couple of upcoming hearings on tax reform and housing finance reform [7:55]. Then, he shares some state-level news on the Wisconsin state low-income housing tax credit and the Missouri state historic tax credit, as well as an affordable housing resident report [8:52].
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May 15, 2018
15/05/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, tells listeners what they need to know about the new markets tax credit application period that opened last week [1:22]. He also shares some news about legislation introduced last week to rescind more than $15 billion in budget authority and explains how it affects some housing and community development programs [4:51]. The he discusses an upcoming tax reform hearing [7:37]. After that, he shares some news about fair housing, the 2018 round of the Capital Magnet Fund and the latest qualified equity investment issuance report [9:57].
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May 8, 2018
08/05/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares the latest on whether listeners might see more tax reform this year [2:00], as well as updates on the population figures used to calculate state low-income housing tax credit allocations [3:59], Housing Trust Fund increases [6:33]'and what conference attendees learned about solar tariffs at the Novogradac 2018 Financing Renewable Energy Tax Credits Conference last week [7:16]. After that, he shares a HUD notice about the Rental Assistance Demonstration program, as well as a report on the amount of renewable energy investment tax credits and production tax credits claimed by taxpayers in recent years [9:37]. '
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May 1, 2018
01/05/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares some updates on HUD's Rental Assistance Demonstration program [2:18]. Then, he discusses HUD's rent reform proposals [5:36], as well two congressional hearings [8:47], [10:20]'and what is known about the recent Republican House member retirement that creates a vacancy on the House Ways and Means Committee [11:23]. After that, he shares some good news from Wisconsin about the state historic tax credit. And he closes out with some renewable energy news on to the Protecting American Solar Jobs Act (H.R. 5571), a bill to repeal the 30 percent solar tariff [12:05].
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April 24, 2018
24/04/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses the latest efforts to rescind parts of the $1.3 trillion omnibus spending bill for fiscal year 2018 [2:00]. After that, he briefly touches on a package of bills developed to improve administration of the IRS [5:54]. Then, he discusses a scheduled hearing on the new tax law [6:41] and a recent House Ways and Means Tax Policy Subcommittee roundtable on expiring tax provisions [7:43]. After that, he shares news on new opportunity zone designations, a California housing bill (S.B. 827) and the recently released inflation adjustments for the renewable energy production tax credit [9:19].
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April 17, 2018
17/04/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses how the Office of Management and Budget might try to roll back billions of dollars from the recent omnibus spending bill [2:12].'He also discusses a new framework for reviewing tax regulations. Then, he touches briefly on a Ways and Means roundtable discussion on expiring tax provisions [4:00]. After that, he outlines a new executive order on work reforms for welfare and housing assistance programs [4:25]. After that, he shares some brief news from HUD on the CDBG disaster recovery program and on Choice Neighborhood planning grants. He also provides an update on rural housing preservation legislation and a quick update on how the renewable energy production tax credit influences national and global wind power capacity [7:15].
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April 10, 2018
10/04/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares updates on opportunity zone designations [1:33]. He also talks about how the fiscal year 2018 omnibus spending bill affects the low-income housing tax credit [3:32]. Then, he discusses some Treasury recommendations on modernizing the Community Reinvestment Act [6:12] and he'll have an update on confirming the next commissioner of the FHA [8:55]. After that, he shares some brief news on certain HUD fees, an extended state historic tax credit program and the latest qualified equity investment issuance report for the New Markets Tax Credit program [10:02].
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April 3, 2018
03/04/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the fiscal year 2018 income limits that were released by HUD last Friday [1:41]. He also discusses the new income-averaging option for low-income housing tax credit properties [8:43]. After that, he shares some brief news on the Cantwell-Hatch low-income housing tax credit bill, requests for more HUD and USDA funding and a proposal to create a new Illinois state historic tax credit [13:25].
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March 27, 2018
27/03/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the recently passed Consolidated Appropriations Act of 2018 and its provisions regarding the low-income housing tax credit and HUD funding [2:01]. After that, he shares highlights of HUD and GAO reports, followed by some state-level news from California and New York [11:33].
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March 20, 2018
20/03/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the upcoming federal funding deadline [1:54], a House subcommittee hearing on tax extenders [3:21] and the possibility of a second phase of tax reform [5:15]. After that, he shares a roundup of other headlines from the past week [7:12], including the National Low-Income Housing Coalition's latest affordable rental housing report, the CDFI Fund's Capital Magnet Fund awards, a report on federal historic tax credit investments and a bill in Oklahoma that would cap the state's wind production tax credit.
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March 13, 2018
13/03/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the possibility of Republicans trying to use an omnibus spending bill as a vehicle for making technical corrections to their tax bill [2:01]. He also discusses a $1 trillion infrastructure plan by a group of nine Senate Democrats [4:26]. Then, he shares a resource for more information on state opportunity zone designations [9:29]. After that, he shares a roundup of other headlines from the past week, including the expected release date of HUD income limits, a proposed tax credit deferral in New York and a New Mexico energy bill [10:46].
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March 6, 2018
06/03/2018In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the upcoming federal budget deadline and the latest efforts to add affordable housing provisions [1:41]. He also tells listeners how they can participate in some opportunity zone decisions [5:35]. Then he wraps up with some quick headlines, including a policy hearing, HUD grants and an Iowa state bill [7:51].