Novogradac & Company Llp

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the latest periodic raising of the debt limit, the Congressional Budget Office's Budget Outlook 2014-2024, Sen. Ron Wyden's takeover of the Senate Finance Committee and tax reform. In low-income housing tax credit news, he alerts listeners to congressional efforts to reform Freddie Mac and Fannie Mae and an upcoming Novogradac & Company LIHTC compliance webinar. In new markets tax credit news, he encourages listeners to sign on to a letter from the NMTC Coalition that asks Congress to extend the new markets tax credit, and he shares information about a new co-sponsor for the New Markets Tax Credit Extension of 2013 (S. 1133) and a plan to double the Kentucky new markets tax credit. In renewable energy news, he discusses the introduction of the Renewable Energy Parity Act of 2014 (S. 2003). In historic tax credit news, he shares the results of a report about the use of state historic tax credits in Virginia.