Tax and Accounting
Here is a summary of NMHC’s research and information on Tax and Accounting.
Low-Income Communities Bonus Credit Program Updates
The Treasury Department and Internal Revenue Service on March 29 issued guidance regarding the process by which taxpayers can apply for an allocation of environmental justice solar and wind capacity limitation as part of the low-income communities bonus credit program for 2024.
NMHC Advocacy In Action
Featured News
Appearing as a witness at the Committee’s hearing, titled Tax Policy’s Role In Increasing Affordable Housing Supply for Working Families, NMHC President Sharon Wilson Géno provided lawmakers background on the challenge at hand and how we can tackle it.
Read MoreLIHTC Fact Sheet
More information on low income housing tax credit, in addition to the NMHC/NAA viewpoint.
Read MoreMIHTC Fact Sheet
More information on Middle-Income Housing Tax Credit (MIHTC), in addition to the NMHC/NAA viewpoint.
Read More- Low-Income Housing Tax Credit (LIHTC) Updates
- Low-Income Communities Bonus Credit Program Updates
- What Housing Providers Need to Know: How the Fiscal Year 2025 Biden Budget Proposal Could Impact the Tax Environment
- What Housing Providers Need to Know: The Tax Relief for American Families and Workers Act of 2024
- 2024/2025 Rental Housing Sector Tax Outlook
- Stepped-Up Basis and Taxation of Unrealized Capital Gains Fact Sheet
- Business Interest Deductibility Policy Updates
- What You Need to Know: How the Reconciliation Legislation Could Impact the Multifamily Industry
- FAQs: What the Multifamily Industry Needs to Know About Inflation Reduction Act of 2022 Carried Interest Provisions
- Economic Contribution of IRC Section 1031 Like-Kind Exchanges to the US Economy