Michael J. Novogradac, CPA, brings listeners the latest news on tax credit reform, small business tax legislation and the Bush tax cut extensions. In historic tax credit news, he discusses two recent IRS private letter rulings and the Rehabilitation of Public Schools Act. In renewable energy tax credit news, Mr. Novogradac reveals the results of a report on the Section 1603 cash grant program and the solar investment tax credit. In new markets tax credit news, he reminds listeners of upcoming deadlines for the 2012 application round, summarizes the CDFI Fund’s latest qualified equity investment issuance report and alerts listeners to a request for comments on the community development entity certification application. Finally, Mr. Novogradac wraps up with a report from the Center on Budget and Policy Priorities about a potential renters’ tax credit program.