Novogradac & Company Llp

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, opens with a mention of President Barack Obama's inauguration and upcoming fiscal deadlines, as well as an announcement about hearings on the debt limit. In historic tax credit news, he discusses a state historic tax credit bill that has been introduced in Nebraska and a Government Accountability Office report on the need for improved data about federally owned historic properties. In lowincome housing tax credit news, Mr. Novogradac discusses an accounting change being proposed by the Federal Accounting Standards Board's Emerging Industry Task Force and an update to Novogradac's LIHTC Mapping Tool. In renewable energy tax credit news, he alerts listeners to a new version of the Energy Freedom and Economic Prosperity Act proposed last week that would eliminate energy tax credits. In new markets tax credit news, he alerts listeners about this week's Novogradac New Markets Tax Credit Conference