Novogradac & Company Llp

Michael J. Novogradac, CPA, updates listeners on the federal budget for the remainder of fiscal year 2011. Then he discusses the House Republicans' proposed budget for fiscal year 2012 and the latest legislative developments on the tax reform front. In historic tax credit news, he shares a preview of Novogradac & Company's webinar about the Virginia Historic Tax Credit Fund case. He also talks about state level updates on threats to the historic tax credit programs in Michigan and Montana. Turning to renewable energy tax credits, he touches on two recent reports about the renewable energy development markets. In new markets tax credit news, he shares recent remarks made by Obama administration representatives about the NMTC program. And finally, in lowincome housing tax credit matters, shares an announcement about new research expected soon from Harvard's Joint Center for Housing Studies.