In this week's Tax Credit Tuesday Podcast, Michael J. Novogradac, CPA, talks about the first three reports by the Senate Finance Committee's Tax Extenders Task Forces. He also shares news about recent IRS guidance on bonus depreciation (Rev. Proc. 2019-33) and on California's massive investment in affordable housing through its annual budget. He closes out with a HUD proposed rule on the disparate impact standard and the announcement of new directors for the California Tax Credit Allocation Committee and California Debt Limit Allocation Committee.'
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