In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, discusses updates and predictions surrounding Election Day, and key races in Louisiana, Georgia and North Carolina. In low-income housing tax credit news, he reviews inflation adjusted low-income housing tax credit and private activity bond caps for 2015. In the new markets tax segment, he examines an IRS notice regarding economic substance penalties. In the historic tax credit section, he shares news about growing interest in preserving historic barns. He finishes up with the renewable energy tax credit section, where he addresses Energy Secretary Ernest Moniz’s support for renewable energy tax incentives, as well as the PEW Charitable Trust’s report, “Clean Economy Rising: Wind Energy Propels North Dakota Forward.”