Novogradac & Company Llp

Michael J. Novogradac, CPA, relays Senator Max Baucus's tax reform proposal and Representative Pat Tiberi's tax extenders hearing. In the new markets tax credit section, he discusses the NMTC Coalition's 2012 progress report and the CDFI Fund's monthly Qualified Equity Investment Issuance Report update. Additionally, he alerts listeners to the Novogradac & Company's new qualified low-income community investment summaries. In the low-income housing tax credit section, he discusses the annual report from the Advisory Committee on TaxExempt and Government Entities, two memos from the California Tax Credit Allocation Committee and North Dakota's Housing Incentive Fund. Mr. Novogradac then discusses historic tax credit news, including Representative Earl Blumenauer's call for the modernization of the historic tax credit, a report from the National Governors Association and the Massachusetts Tax Credit Transparency Report. Finally, he wraps up with a bill introduced that would enable renewable energy investors to f