Novogradac & Company Llp

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