Novogradac & Company Llp

Michael J. Novogradac, CPA, reviews last week's State of the Union Address. He also discusses the IRS's updated Priority Guidance Plan and a Senate Finance Committee hearing on tax extenders and tax reform. Then, he examines proposals to change the tax treatment of carried interest and reviews a bill in Indiana that would change how property taxes are assessed for low-income housing tax credit properties. Next, he shares the findings of the American Wind Energy Association's fourth quarter market report. Then, he discusses the next meeting of the Advisory Council on Historic Preservation and news from Missouri, where lawmakers have again begun to debate state tax credits. Finally, he considers legislation in Hawaii intended to make the state more attractive for new markets tax credit investing.