In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, discusses the latest efforts to rescind parts of the $1.3 trillion omnibus spending bill for fiscal year 2018 [2:00]. After that, he briefly touches on a package of bills developed to improve administration of the IRS [5:54]. Then, he discusses a scheduled hearing on the new tax law [6:41] and a recent House Ways and Means Tax Policy Subcommittee roundtable on expiring tax provisions [7:43]. After that, he shares news on new opportunity zone designations, a California housing bill (S.B. 827) and the recently released inflation adjustments for the renewable energy production tax credit [9:19].