In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the agreement on discretionary spending levels and debt limit suspension [1:26]. He also discusses guidance issued last week by the Securities and Exchange Commission and the North American Securities Administrators Association concerning investments in opportunity zones [6:59]. He moves on to IRS final regulations about Section 50(d) income [9:49]. He then closes out with news on a New Markets Tax Credit Coalition report, the ADVANCE Act of 2019, a new chapter in the HUD Housing Choice Voucher Guidebook, an advocacy letter to Congress asking to extend the investment tax credit and Pennsylvania conforming to the Internal Revenue Code for OZ investments [11:42].
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