In this week’s Tax Credit Tuesday podcast, Michael J. Novogradac, CPA, starts off with the general news section begins with a brief update on the presidential primary races. Then, he talks about how some experts predict the next president could affect the chances of comprehensive tax reform. In the low-income housing tax credit section, he discusses the 2016 income limits and the amount of low-income housing tax credit authority each state will get. He also shares a milestone of HUD’s Rental Assistance Demonstration or RAD program. In new markets tax credit news, he tells listeners how they can comment on regulation that requires banks to report community development investments to the OCC. In the historic tax credit section, he talks about two bills to authorize more funding for the Mississippi state historic tax credit program. And he closes out with renewable energy tax credit news, where he discusses how the renewable energy investment tax credit could affect the amount of energy storage in the United States.
Activity