Tax Credit Tuesday Podcasts

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac CPA, talks about plans to move forward with federal infrastructure proposals. He also talks about Sen. Tim Scott, S.C., exploring the idea of introducing legislation that would allow governors to reconsider some of their opportunity zones designations. Then he talks about a recent development in CRA reform and what to expect from the...

In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses updates for the recently released draft Forms 8996 and 8997 and their instructions. Next he talks about the INVEST Act, a bill that would set aside 10 percent of the new markets tax credit allocation for Indian and native lands. He then shares insight into the latest QEI report for new markets tax credit investments,...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares the latest update on the Novogradac Opportunity Funds listing. Then, he discusses tax incentive legislation in the House and Senate and co-sponsors for each bill. Next, he shares highlights from the Novogradac 2020 RAD Public Housing Conference last week in Ft. Lauderdale, Fla. He also discusses proposed Community Reinve...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares information on final regulations for opportunity zones that were released by the Treasury Department at the end of 2019, and what those regulations mean for opportunity fund investments. Next, he talks about tax extenders that were passed at the end of 2019, including the extension or increase of several tax incentives....

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares breaking news on government funding bills that were introduced in the House that include extensions of the new markets tax credit, wind production tax credit and a disaster allocation of California low-income housing tax credits. Next, he discusses proposed Community Reinvestment Act regulations that were introduced last...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about what to expect from opportunity zones guidance submitted by the Treasury Department to the Office of Information and Regulatory Affairs. Then, he discusses the opportunity zones reporting bill, or the IMPACT Act, that was introduced last week. Next, he provides an update on the Novogradac Opportunity Funds Listing,...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, shares an update on year-end tax legislation and federal appropriations as well as updates on CRA reform. He then discusses the expected shortage of private activity bonds for several states, specifically California. Next, he provides details on affordable housing plans released by Sen. Elizabeth Warren and Mayor Pete Buttigieg...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, provides an update on legislation that was introduced to repeal the opportunity zones incentive. Next, he shares insight into democratic presidential candidate affordable housing plans as well as a bill that was introduced that would bar jurisdictions form using a high-housing cost adjustment to calculate area median income. Th...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, gives an update for Federal appropriations too avoid a government shutdown and OCC plans to release an advanced notice of proposed rulemaking on CRA before the end of the year. Next, he covers several infrastructure plans including Peter DeFazio's infrastructure bill, the Housing is Infrastructure Act of 2019, as well as presid...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about opportunity zones reporting legislation that was introduced in the House and Senate last week. Next, he discusses an investigation into the legitimacy of an opportunity zone designation in Nevada, and shares highlights from the 2019 Novogradac Financing Renewable Energy Tax Credits Fall Conference. Then, he discusse...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the HUD appropriations bill for 2020 that was passed by the Senate as well as a more general status of 2020 appropriations legislation. He also discusses Fannie Mae and Freddie Mac's duty-to-serve requirements and how they exceeded their 2018 requirements. Next, he discusses the 2019 low-income housing tax credit na...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses highlights from the Novogradac 2019 Opportunity Zones Fall Conference, and shares an update on the Novogradac Opportunity Funds Listing. Then, he talks about comment letters that the Novogradac OZ Working Group sent to the Federal Reserve and the OCC. Next, he shares some insight on recently announced 2020 DDAs and QC...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the introduction of the Senate version of the Historic Tax Credit Growth and Opportunity Act, or the HTC-GO Act. Then he talks about HUD's release of difficult development areas and qualified census tracts for 2020, and introduction of Sen. Kamala Harris' Ending Homelessness Act of 2019. Next he shares highlights fr...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, gives an update for the IRS priority guidance plan for 2019-2020. Then talks about Brian Montgomery's expected nomination for HUD Deputy Secretary, and shares an update on the fourth revision to the Rental Assistance Demonstration Program. Next he talks about opportunity zone news including anticipated opportunity zones regulat...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about draft forms and instructions for forms 1040 and 1099-B relating to opportunity zones, and the White House Opportunity and Revitalization Council's website for stakeholders that launched last week. Then he provides an update on when we can expect updated regulations for opportunity zones to be released, and mentions...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the stopgap funding bill that prevented a government shutdown and will keep the government funded through Nov. 21. Then he shares highlights from the Novogradac 2019 Historic Tax Credit Conference in St. Louis, including insights from Sen. Bill Cassidy's keynote address. After that, he discusses the summary of the a...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about Congressional efforts to avoid a government shutdown on Oct. 1. After that, he shares details on proposed appropriations funding for HUD for fiscal year 2020, then provides an update with details about the Novogradac Opportunity Funds Listing. He also talks about HUD's proposed rule change to implement provisions of...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about Congressional efforts on a continuing resolution bill to fund the federal government past the Sept. 30 deadline. After that, he'll talk about a hearing on housing reform finance plans, followed by a discussion of three bills: one to encourage property sales to public housing authorities, one to incentivize building...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about a plan by House Democrats to consider a continuing resolution to avoid a government shutdown at the end of this month. After that, he'll discuss Treasury and HUD's housing finance reform plans for Fannie Mae and Freddie Mac. Then, he'll share details about a long-awaited notice from HUD that revises and expands its...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the latest report from the Senate Finance Committee's Tax Extenders Task Forces, which includes feedback on extension of the new markets tax credit. He also shares an update on cosponsors for the New Markets Tax Credit Extension Act and the Affordable Housing Credit Improvement Act, as well as an overview of the U.S...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the fall schedule of Novogradac tax incentive conferences, including agenda highlights, keynote speakers and preconference workshops. He also shares news about a bill that would extend the production tax credit for some renewable energy technologies, as well as a HUD demonstration program for physical inspection of...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the first three reports by the Senate Finance Committee's Tax Extenders Task Forces. He also shares news about recent IRS guidance on bonus depreciation (Rev. Proc. 2019-33) and on California's massive investment in affordable housing through its annual budget. He closes out with a HUD proposed rule on the disparate...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the potential timing of the opening of the next round for the new markets tax credit. He also discusses when Treasury might finalize opportunity zones regulations. He closes out with HUD's announcement that the Federal Housing Administration will insure mortgages on mixed-use development in opportunity zones.

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the budget and debt limit agreement becoming law and what's next for Congressional appropriators. He also discusses the status of the Senate Finance Committee's tax extenders task forces and when their findings might be released, as well as what Democrat presidential candidates have to say about affordable housing a...

In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about what the House spending and debt limit agreement could mean for tax extenders. He also discusses the Renewable Energy Extension Act'and a bill to extend the Community Development Block Grant-Disaster Recovery program indefinitely. He then closes out with news on a remediation bill for properties in opportunity zones...