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Sinopsis

Michael J. Novogradac, CPA, reviews President Obama's job proposals and an update on tax patent legislation. Then he discusses Senate Democrats' call to expand the new markets tax credit and shares highlights from a New Markets Tax Credit Coalition fact sheet about the new markets tax credit's impact on job creation. He also reminds listeners about an important QEI issuance deadline and summarizes the provisions of the new Oregon state new markets tax credit. Next, he discusses HUD's Multifamily Energy Efficiency Pilot Program and the status of the White House Domestic Policy Council's rental alignment initiative. In the renewable energy tax credit section, he mentions two reports published by Standard & Poor's about the renewable energy industry and discusses a column by Kansas Governor Sam Brownback where he expresses his support for the renewable energy production tax credit. Finally, in the historic tax credit segment, he shares updates on the status of the Historic Boardwalk Hall case and the status of M