In this week's Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, begins with the latest news on a House rules change that could affect the future of tax reform. He also shares the Internal Revenue Service's revised list of provisions on which it will not issue letter rulings or determination letters. In low-income housing tax credit news, he discusses proposed administrative regulation changes for HUD multifamily housing. He also talks about some changes that Virginia has made to its qualified allocation plan. Next, he discusses a report that highlights the accomplishments of the low-income housing tax credit and the state program that supports it in the state of Maryland. In the new markets tax credit section, he reviews the latest Qualified Equity Investment Issuance Report. In historic tax credit news, he provides information on efforts to preserve the historic tax credit program of one state and efforts to reestablish a historic tax credit program in another. In the renewable energy tax credit section, he talks about one U.S. Senator's push to make the renewable energy production tax credit a longer-term policy. Finally, he discusses how one state renewable energy tax credit program has been so successful that it is already maxed out through the year 2022.
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