Dirk Wallace News Today

You can take advantage of the Inflation Reduction Acts tax credits now, but youll have to wait a little longer for the rebates.

LIHTC Working Group Asks IRS to Provide Clarity on 4% Minimum Tax Credit Rate Share Article SAN FRANCISCO (PRWEB) February 18, 2021 The Novogradac Low-Income Housing Tax Credit (LIHTC) Working Group submitted a letter to the Internal Revenue Service (IRS) asking for guidance to clarify that the minimum rate for the 4% LIHTC applies to properties in a manner consistent with previous guidance on determining when a bond is issued. Th...