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In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the American Taxpayer Relief Act of 2012 (H.R. 8), as well as the issues not yet addressed by the 113th Congress. In new markets tax credit news, he shares the Community Development Financial Institutions Fund's announcement that it will announce 2012 allocations in April and the monthly Qualified Equity Investment Issuance Report. In historic tax credit news, he alerts listeners to a frequently asked question document that the National Park Service has released about application fee changes. In low-income housing tax credit news, he shares a legislative victory in Ohio for LIHTC property owners and California's 2013 and 2014 operating expense minimums. Finally, in renewable energy tax credit news, he alerts listeners to a change to the production tax credit.

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the fiscal cliff, Superstorm Sandy and the National Disaster Tax Relief Act of 2012, and House and Senate finance committee changes. In low-income housing tax credit news, he analyzes the fiscal year 2013 income limits and a negative private letter ruling from the IRS. In renewable energy tax credit news, he alerts listeners to additional support for the production tax credit extension from wildlife advocates and the U.S. Department of Energy, and reveals the details of two reports, one on the solar energy market and one about Cincinnati's solar potential. In historic tax credit news, he talks about federal agencies collaborating to protect sacred tribal sites, the latest recommendations from the Missouri Tax Credit Review Commission and Gov. Cuomo's veto of a New York historic tax credit expansion. In new markets tax credit news, he reveals the results of the first-ever economic impact report from the New Markets Tax Credit Coal

In today's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, updates listeners about progress on the fiscal cliff, including the Bland Bargain and Domenici-Rivlin plan; a report from the Congressional Budget Office report on the taxation of pass-through entities; and upcoming congressional hearings. In low-income housing tax credit news, he discusses the U.S. Department of Housing and Urban Development's release and correction of the fiscal year 2013 income limits and a Government Accountability Office study of Housing and Economic Recovery Act-related changes to the LIHTC program. In renewable energy tax credit news, he discusses an Internal Revenue Service private letter ruling that affects the treatment of power purchase agreements and new regulations on tribal land surface leases. In historic tax credit news, he updates listeners about a New York state historic tax credit bill that has been sent to the governor. Finally, in new markets tax credit news, he covers a qualified equity issuance report an

In today's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, updates listeners on the fiscal cliff. In historic tax credit news, he covers a National Park Service Fee change for historic tax credit projects, a deadline extension for the Missouri Tax Credit Review Commission and the formation of an Iowa state HTC stakeholder group. In low-income housing tax credit news, he covers U.S. Department of Housing and Urban Development's utility allowance and smoke-free building policies. In renewable energy tax credit news, he updates listeners about additional support for the extension of the production tax credit. Finally, he wraps up with new markets tax credits news about a Community Development Financial Institutions Fund report on native communities' access to capital and credit.

Michael J. Novogradac, CPA, shares the investment tax credit news of the week. In general news, Mr. Novogradac discusses Congress's return and how the fiscal cliff might affect the 2013 tax season. In historic tax credit news, he alerts listeners to Sen. Charles Schumer's support of the Creating American Prosperity Through Preservation Act and the 50th anniversary of the National Historic Preservation Act. In new markets tax credit news, he alerts listeners to Sen. Schumer's and charter school officials' support of a NMTC program extension. In low-income housing tax credit news, he shares the latest for the Small Area FMR Demonstration program and a canceled utility submetering hearing. In renewable energy news, he shares two reports: one on jobs and one on states' renewable energy projects and programs.

Michael J. Novogradac, CPA, discusses the negotiations surrounding the fiscal cliff, prospects for a Superstorm Sandy federal recovery bill, a recent hearing and guidance on proposed regulatory capital rulemakings under Basel III and the FHA's annual financial status report in general tax credit news. The historic tax credit news segment features an announcement of historic preservation training opportunities through the Advisory Council on Historic Preservation and news from Alabama on the possible creation of a state-level historic tax credit program. Low-income housing tax credit news includes a discussion of the Federal Housing Finance Agency's multifamily affordable housing goals for Fannie Mae and Freddie Mac, as well as the New York Department of Homes and Community Renewal's decision to extend its funding application deadline after Hurricane Sandy. In renewable energy tax credit news, he discusses the Governors' Wind Energy Coalition's efforts to extend the wind PTC and provides state renewable energy

Michael J. Novogradac, CPA, discusses the latest tax credit news. In general news, he discusses the election results and potential changes to congressional committees as well as recent comments from lawmakers about the fiscal cliff. In low-income housing tax credit news, he alerts listeners to the Internal Revenue Service's waiver of income requirements for families displaced by Hurricane Sandy and a comment deadline for Form 8611, as well as MaineHousing's new smoke-free policy. In historic tax credit news, he touches on the way states are assessing Hurricane Sandy's damage to historic properties. In new markets tax credit news, he discusses a proposal for a Gulf Opportunity Zone-like tax credit for Hurricane Sandy affected areas and alerts listeners to the availability of Novogradac and Company's recording of its NMTC Conference in New Orleans last month. Finally, his renewable energy tax credit segment features renewable energy organizations' response to the election.

Michael J. Novogradac, CPA, discusses the latest tax credit news in the Nov. 6, 2012 Tax Credit Tuesday podcast. In general news, he recaps the seats up for grabs in Congress and across the nation, and alerts listeners to the potential for GO Zone-like legislation for Hurricane Sandy-affected areas, an extension of New York's brownfield tax credit and Novogradac & Company's new St. Louis, Mo. office. In new markets tax credit news, he talks about the extension of the qualified equity investment issuance deadline for allocattees affected by Hurricane Sandy and the latest QEI Issuance report. In low-income housing tax credit news, he reminds property owners of a cost of living increase for Social Security recipients that will affect calculation of household income. In historic tax credit news, he informs listeners about a conversation during which an IRS official said that the Historic Boardwalk Hall decision was not intended to challenge historic tax credits and alerts listeners to an upcoming Advisory Council

Michael J. Novogradac, CPA, discusses the latest tax credit news in the Oct. 30, 2012 Tax Credit Tuesday podcast. In general tax credit news, he discusses a new pamphlet about jobs and taxes from President Obama's re-election campaign and a call to strengthen bank's capital standards. In new markets tax credit news, he reminds listeners of the recent QEI deadline for CDEs that applied in the 2012 allocation round and discusses an eligibility and transition FAQ document that the CDFI Fund has released. In low-income housing tax credit news, he follows up on how changes in rural population could affect property income limits. Additionally, he covers a report on housing and transportation costs for moderate-income households and a new community planning and development income eligibility calculator from the U.S. Department of Housing and Urban Development. In historic tax credit news, he provides listeners with an update on the Historic Boardwalk Hall case and increasing support for Rhode Island's state HTC. Fin

Michael J. Novogradac, CPA, discusses the latest tax credit industry news for the week of Oct. 23, 2012. In general tax credit news, he informs listeners about a Joint Committee on Taxation experiment that explored eliminating tax expenditures, updated listeners about the results of his Lame Duck Congress poll and reveals his own thoughts on the likely outcome. In low-income housing tax credit news, he alerts listeners to the Internal Revenue Service's distribution of unused 2012 LIHTC allocation and its announcement of inflation-adjusted 2013 volume caps as well as a change to rural populations that could affect LIHTC properties and a new industry group that aims to keep municipal bonds tax exempt. In historic tax credit news, he reports on a pledge from Rhode Island State Rep. Jeremiah O'Grady to push for an extension of the state's HTC program and a request for a rehearing of the Historic Boardwalk Hall case. In renewable energy tax credit news, he alerts listeners to an opportunity to provide comment on a

Tax Extenders; Form 8586; Residual Receipts; Historic Preservation Certification Application; Solar Programmatic Environmental Impact Statement; Q3 2012 Global Clean Energy Investment; Applicable Qualified Equity Investment Issuance Threshold; New Markets Tax Credit Conference.

Michael J. Novogradac, CPA, discusses the addition of two new members to the so-called "Gang of Six." In low-income housing tax credit news, he updates listeners on the House tax extenders bill and the 9 percent floor extension, discusses a report from the Corporation for Supportive Housing and alerts listeners to a U.S. Department of Housing and Urban Development request for comments on smoke-free policies. In historic tax credit news, he highlights a new website from the National Park Service and a report from the North Carolina Solar Center on solar panels on historic properties. In renewable energy news, he covers a recent voter survey that shows support for solar energy and reveals the most energy efficient states. Finally, in new markets tax credit news, he provides information on qualified equity investments and new contact information for the Community Development Financial Institutions Fund.

Michael J. Novogradac, CPA, alerts listeners to a continuing resolution for the fiscal year 2013 budget and a new Gang of Six in Washington, D.C. In low-income housing tax credit news, he covers two Government Accountability Office reports, one on the Community Reinvestment Act's effect on low-income housing tax credit investment and one on collaboration of federal housing assistance programs. Additionally, he addresses an expansion of the Multifamily LowIncome Housing Tax Credit Pilot program and the 2013 Difficult Development Areas. In new markets tax credit news, he discusses final rules for non-real estate investments and the amount of credits requested during the 2012 application round. In historic tax credit news, he announces the winners of the 2012 J. Timothy Anderson Awards for excellence in historic preservation. In renewable energy tax credit news, he discusses an act to extend master limited partnerships to renewable energy projects and a recent Congressional Service Research report on energy tax

Michael J. Novogradac, CPA, discusses support for tax extenders legislation and the Financial Accounting Foundation's Private Company Council in general tax credit news. In low-income housing tax credit news, he discusses Sen. Maria Cantwell's call to extend the fixed 9 percent floor for the LIHTC, the Internal Revenue Service's most recent LIHC newsletter and a tax expenditure report from New Mexico. In new markets tax credit news, he alerts listeners to a call from freshman Republican senators to extend the new markets tax credit. In historic tax credit news, he discusses the passage of S. 3245 and the renewal of the EB-5 program, as well as Ohio's ninth round of state historic tax credits. Finally, in renewable energy news, he alerts listeners to the growing support for the wind production tax credit and two Section 1603-related topics: a revival of the Section 1603 program for biodigesters and changes to the Treasury's Section 1603 system.

Michael J. Novogradac, CPA, discusses the estimated effects of budget sequestration cuts on affordable housing, community development and renewable energy programs and updates listeners on tax extenders legislation and tax reform efforts. In new markets tax credit news, he reminds prior round allocatees about the deadline to meet the minimum QEI issuance requirement and announces an update to the Novogradac NMTC Mapping Tool to reflect 2010 census data. In the historic tax credit segment, he shares news about the National Park Service's five-year Call to Action plan. Low-income housing tax credit news includes findings from the federal rental alignment pilot's interim evaluation report that was released this summer by the Rental Policy Working Group. Mr. Novogradac concludes the podcast with renewable energy tax credit news about Sen. Patrick Leahy's support for PTC extension as well as some recent renewable energy industry trends.

Michael J. Novogradac, CPA, discusses the upcoming report on the implementation of budget sequestration cuts and invites listeners to take the Novogradac Journal of Tax Credits Reader Survey in general tax credit news. In new markets tax credit news, he summarizes the most recent QEI issuance report, reminds prior round allocatees about meeting minimum QEI issuance requirements and notes the postponement of the CDFI Fund's Advisory Board meeting. The historic tax credit news segment includes a reminder about next week's Historic Boardwalk Hall webinar. In low-income housing tax credit news, he shares positive news about a record number of investors joining the Affordable Housing Investors Council and extends an invitation to Affordable Housing Conference participants to attend an LIHTC Working Group meeting. Mr. Novogradac concludes the podcast with renewable energy tax credit news about conservative opposition to the wind energy production tax credit.

Michael J. Novogradac, CPA, discusses the Family and Business Tax Cut Certainty Act, a recent article about tax reform and the Sequestration Transparency Act of 2012 in general tax credit news. In new markets tax credit news, he reminds listeners about the approaching 2012 application deadline and alerts community development corporations in Hurricane Isaacaffected areas about a potential deadline extension. The historic tax credit news segment features a reminder about this week's National Historic Tax Credit Conference and the upcoming Historic Boardwalk Hall webinar as well as a request for comment from the National Park Service historic preservation certification application and the revival of the Missouri's tax credit review commission. Low-income housing tax credit news includes a California bond issuing agency review and a Treasury Inspector General for Tax Administration municipal bond review. Mr. Novogradac wraps up the podcast with renewable energy tax credit news and a Section 1603 program audit of

Michael J. Novogradac, CPA, discusses the fiscal cliff and the implementation of the Volcker Rule in general news. In low-income housing tax credit news, he reveals the results of a report on maintaining unit affordability after Year 15. In new markets tax credit news, he alerts listeners to the approaching 2012 application deadline, an upcoming Community Development Financial Institutions Fund Advisory Board meeting and the Office of the Comptroller of the Currency's latest newsletter. In renewable energy tax credit news, Mr. Novogradac discusses a new report on energy jobs and a Department of Energy hydropower workshop. Finally, he wraps up with historic tax credit news and the latest in the Historic Boardwalk Hall case.

Michael J. Novogradac, CPA, discusses a request for input about an alternative to the Volcker Rule. In low-income housing tax credit news, he informs readers about a recent Internal Revenue Service Private Letter Ruling on tax-exempt bonds, alerts listeners to Novogradac & Company's new LIHTC Mapping Tool and clarifies some aspects of the Texas Fair Housing Case. In new markets tax credit news, he tells listeners about new application guidance from the Community Development Financial Institutions Fund. In renewable energy news, he reveals the results of two reports, one on the U.S. wind energy market and one on solar market trends.

Michael J. Novogradac, CPA, discusses the fiscal cliff and the sequestration transparency act as well as the latest Basel III updates. In low-income housing tax credit news, he talks about the Internal Revenue Service's utility allowance, proposed U.S. Department of Housing and Urban Development proposed 2013 fair market rents, the Affordable Housing for Moderate-Income Seniors Act and the latest developments in the Texas fair housing case. In new markets tax credit news, he alerts readers to a new Office of the Inspector General of the Treasury's audit of the American Recovery and Reinvestment Act new markets tax credit allocations, new community development entities and the approaching 2012 allocation round deadline. In renewable energy tax credit news, he discusses the Office of Inspector General's latest Section 1603 project audits. Mr. Novogradac wraps up with some disappointing historic tax credit news about the Massachusetts historic tax credit program.