Tax Credit Tuesday Podcasts

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, is joined by Megan Murphy, a principal in Novogradac's Philadelphia metro office. They discuss additional funding for the Paycheck Protection Program (PPP) that was authorized by Congress. They share insight about who is eligible for a PPP loan, what expenses are eligible and how loan amounts are calculated. Next, they discuss...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, is joined by Nicolo Pinoli, CPA, and partner in Novogradac's Portland, Oregon, office. They start by discussing the recent five-year extension of the new markets tax credit, and how various factors can affect NMTC investment, such as Biden administration priorities and Community Reinvestment Act regulations. Next, they share in...

On this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, is joined by Rich Larsen, CPA, a partner in Novogradac's Toms River, New Jersey, office. They discuss how public housing authorities (PHAs) are being affected by the COVID-19 pandemic including challenges, innovations and how they're handling inspections and other compliance issues. Then, they talk about the CDC's rental evicti...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, and Peter Lawrence, director of public policy and government relations at Novogradac, discuss the $1.4 trillion omnibus fiscal year 2021 spending bill, which includes a permanent minimum 4% low-income housing tax credit (LIHTC) rate, a five-year extension of the new markets tax credit (NMTC) and an extension of phase-down provi...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, and Peter Lawrence, director of public policy and government relations at Novogradac, discuss year-end legislation in Congress, including a continuing resolution to fund the government into 2021 and a potential COVID-19 relief bill. They start by discussing the chances for provisions to extend or expand community development ta...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA discusses what you need to know about national and state median income estimates for 2021 and 2022. He is joined by Thomas Stagg, CPA, and partner in Novogradac's metro Seattle office. They start by sharing background information on median income and income limits, how they're calculated and what they're used for. Then, they tal...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA talks about trends related to multifamily rental housing property valuation, affordable housing needs and more. He is joined by Blair Kincer, MAI, CRE, a partner in Novogradac's Washington, D.C., office. They start by discussing how affordable multifamily housing valuation has looked in 2020 and whether the pandemic is affecting...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac discusses the state of the low-income housing tax credit, including the effects of the COVID-19 pandemic. He is joined by Jeff Nishita, CPA, a partner in Novogradac's San Francisco office. They look back on 2020 and look ahead to 2021 for the LIHTC, including the pandemic, Community Reinvestment Act reform, appetite for the credit an...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac discusses proposed regulations from the IRS concerning the average income test for low-income housing tax credit properties. He is joined by Thomas Stagg, CPA and partner in Novogradac's Bellevue, Wash., office; Stephanie Naquin, who is a multifamily compliance consultant, based in Novogradac's Austin, Texas, office; and Mark Shelbur...

In this week's continuation of the special 2020 Election Results Edition of Tax Credit Tuesday, Michael J. Novogradac, CPA, and Peter Lawrence, director of public policy and government relations at Novogradac, discuss additional observations from the results of the 2020 presidential election, as well as key results in House and Senate races. They talk about how President-elect Biden's cabinet appo...

In this week's special 2020 Election Results Edition of Tax Credit Tuesday, Michael J. Novogradac, CPA, and Peter Lawrence, director of public policy and government relations at Novogradac, discuss what we know so far about the 2020 election, including the race between President Donald Trump and former Vice President Joe Biden to 270 electoral votes for the presidency, and insight on some key race...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, provides an update on COVID-19 stimulus negotiations, and shares highlights from the Novogradac 2020 Opportunity Zones Fall Virtual Conference. Then, he outlines an important update about how to calculate each state's low-income housing tax credit and private activity bond ceilings for 2021, and he discusses what you should kno...

In this week's Tax Credit Tuesday, Michael J. Novogradac, CPA, shares an update on the continued stalemate regarding COVID-19 relief legislation. Next, he shares highlights from the most recent Novogradac Opportunity Zones Working Group comment letter on the 2020-2021 priority guidance plans and ways the IRS can clarify grey areas in opportunity zones regulations. Then, he shares what qualified op...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, provides an update on COVID-19 relief legislation negotiations. Then, he discusses a few highlights from the 2020 vice presidential debate related to housing and renewable energy. Next, he talks about the Support Allowing Volume Exception for Federally Assisted Housing Act (H.R. 8533)'a legislative proposal that could greatly a...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, provides details of the continuing resolution that keeps the federal government funded through Dec. 11, 2020. Then, he discusses last week's presidential debate between President Trump and former Vice President Joe Biden in the context of affordable housing and community development. Next, he shares highlights from the Novograd...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses the upcoming presidential debate and what Novogradac will be looking for as far as discussion of community development and affordable housing. Next, he discusses the status of federal funding negotiations to keep the entire federal government open until Dec. 11 of this year. Then, he shares highlights from the Novogra...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, shares breaking news from the CDFI Fund on the 2020 New Markets Tax Credit notice of allocation availability. He then discusses the Continuing Appropriations Act of 2021 and Other Extensions Act'a tentative deal to keep the government funded through Dec. 11. Next, he discusses the 2020 Disasters Tax Relief Act, legislation intr...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, shares an important update on funding negotiations in Washington to avoid a government shutdown. Then, he discusses an analysis that Novogradac performed on the Moving Forward Act'specifically, he talks about how the bill's housing-related provisions could affect affordable housing development and preservation. Next, he discuss...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, gives an update on primary election results of longtime community development tax credit champion: Rep. Richard Neal. Then, he discusses an announcement from the CDC that temporarily halts residential evictions through Dec. 31, 2020. Next, he briefly discusses a U.S. District Court ruling about the right of first refusal for a...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, shares a brief update on the next round of COVID-19 relief legislation. Then, he discusses a significant milestone for the Novogradac Opportunity Funds List concerning reported equity investment in opportunity funds. Next, he talks about what you need to know about fair market rents for fiscal year 2021, and he then outlines ke...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses a report from the White House Council of Economic Advisers on the economic impact of the opportunity zones incentive. Then, he talks about a U.S District Court ruling in Hawaii that addressed the ability of a state allocating agency to terminate extended-use agreements under the qualified contract process. Next, he sh...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA shares an update on negotiations over COVID-19 relief legislation, as well as how tax incentives fit into the discussion. Then, he talks about details of former Vice President Joe Biden's tax proposals, and what his proposals could mean for investments in tax incentives next year and beyond, if Biden wins this election. He wraps...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA talks about the status of COVID-19 relief legislation negotiations in Congress, and he discusses a set of COVID-19-related directives form the White House. Next, he discusses updates to the Paycheck Protection Program FAQ document from the Small Business Administration. Then, he shares some insights on how community development...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses negotiations for the next round of COVID-19 relief legislation and the extension of the now-expired federal eviction moratorium and rental assistance. Then, he talks about coronavirus-related guidance from the IRS for the historic tax credit. Next, he discusses how the CDFI Fund plans to continue to handle COVID-19 re...

In this week's Tax Credit Tuesday, Michael J. Novogradac, CPA, discusses the COVID-19 relief package that was introduced by Senate Republicans called the HEALS Act and the provisions it contains for individuals, businesses and HUD housing. Then, he discusses housing goals for 2021 that were releases by the Federal Housing Finance Agency. Next, he shares news about the upcoming new markets tax cred...