In this week’s Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, begins with the general section, where he provides an update as to what to expect on tax reform this week. He also shares updates on a Senate Finance Committee business tax reform hearing and tax reform retreats by House Republicans and the Ways and Means Committee. He also shares the latest disaster relief announcements from the IRS and HUD. In the affordable housing section, he discusses HUD Secretary Ben Carson’s recent op-ed on policy reforms he plans to make. Then, he highlights a few proposed regulations for California’s Low-Income Housing Tax Credit program. In new markets tax credit news, he discusses how listeners can submit comments on the CDFI Fund’s reporting system, CIIS. He closes out with a troubling state historic tax credit development in Wisconsin and why developers there have about 10 months to prepare for a significant program change.
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